Muhammad Babangida is a committed philanthropist from Nigeria

Tag: Charity Page 3 of 4

A History of Philanthropy

 The concept of charitable activity is deeply rooted in human nature and has been apparent across millennia. Understanding the history of philanthropy helps us know how this impulse has developed.

 

Religious Motivations

Before the Greek word philanthropy was coined, people served the poor by providing them with their resources. In addition to being religious, many of the most fervent servants also practiced charitable principles. During the 1500s, awqaf and other Islamic principles allowed for generous service in the Ottoman Empire. These principles continued to influence philanthropy throughout history.

 

Early Centralized Philanthropy

As the power structure became more centralized, more state-sponsored philanthropy was possible. Some examples of this include China and Rome. During the reign of Augustus, he used the empire’s funds to provide financial assistance to thousands of individuals. During the 10th century A.D., China’s Song Dynasty started allowing for the establishment of orphanages, soup kitchens, and other programs that were not always supported by the succeeding dynasties. In the 17th century A.D., the country became one of the first countries to provide senior citizens with homes.

 

Early American Giving

The spirit of fleeing persecution inspired many people to give. This was also reflected in the movement toward philanthropy in the U.S. One of the most prominent individuals who contributed to the development of this movement was Cotton Mather. His essay, “Essays to Do Good,” was published in 1710. His work propelled wealthy individuals to give generously during the Industrial Revolution. John Rockefeller and Warren Buffett are some of the most prominent individuals who contributed to the development of philanthropy. Both of these individuals made significant donations to various charitable organizations.

 

Reforms in the 20th Century

During the 20th century, many individuals gave to support various causes, such as those related to the war in Afghanistan and India’s freedom from Britain. This movement led to increased charitable giving in the U.S. Today, many of the country’s households are dedicated to addressing environmental and poverty issues. Additionally, many individuals volunteer their time and skills to help needy individuals and nonprofits. Participate in a long tradition of philanthropy today by sharing your wealth or your time!

 

Using Social Media Effectively for Nonprofits

Nonprofits are often faced with various challenges when it comes to using social media. One of these is the lack of resources and the perception that it can be a lost cause. However, there are also many advantages to using social media.

There are various tools and resources that can help nonprofits get started with social media. However, these tools are not as helpful as they should be. Nonprofits should first learn how to use them and find the support they need.

Learn how to set up a successful social media strategy for your organization. These tips will help you get the most out of your efforts.

Utilize Nonprofit Account Features

Instagram, Facebook, and YouTube have various features that are designed for nonprofits. These platforms allow them to run fundraising activities and add “donate” buttons to their accounts. YouTube also offers various resources and features for nonprofits. Nonprofits should also enroll in order to access these benefits.

Integrate Donation Buttons

If a non-profit is collecting donations, make sure that they have the appropriate buttons on Instagram and Facebook. These platforms also have fundraising tools, but you never know when someone might want to give. While you’re adding these features, you should also add links to your accounts so that people can easily connect with your organization. You should also make it easy for people to sign up for newsletters and email signatures by providing links to your social media profiles.

Develop Strategic Guidelines

Nonprofits are typically run by lean teams and have a network of volunteers that vary in skill levels and backgrounds. Having a clear set of guidelines can help ensure that the organization’s social media policies are consistent. Having a consistent strategy can help keep the organization’s operations running smoothly.

Build a Calendar

Having a content calendar is also a great way to keep the members of your organization on the same page. It can help them plan ahead and avoid having to scramble to put together projects at the last minute. One of the most important factors that a non-profit should consider when it comes to planning its content is the importance of certain events. For instance, if a group that champions women is planning on holding events such as International Women’s Day, Mother’s Day, and Gender Equality Week, then planning content around these events is important.

Share Stories

Studies have shown that people are more likely to engage with a post that has a picture of someone in it if they’re in the first few frames. In today’s world, people want to know who’s behind the organization’s logo and brand. Being able to show who’s behind the organization’s identity is very important since it can help maintain trust and build a stronger relationship with its members. You should also regularly introduce people to your volunteers and tell the stories of the communities that you’ve helped support.

Launch Fundraisers

Social media marketing is also a great way to boost the visibility of your organization’s fundraising efforts. With the right tools, it can now be easier than ever to collect donations. Nonprofits that are verified can now create a fundraiser that can live on their Facebook page. There are also various features that allow people to create their own fundraisers. They can additionally add a thank you tool and a donate button next to their posts. Instagram also supports live donations. This feature allows people to run their own fundraising activities and share them with their followers.

Engaging with Nonprofit Donors

Although every contribution is essential to a nonprofit, recurring donors are the organization’s most valuable asset. They are the ones who give year after year and are typically cheaper to acquire than one-time donors. They also give 42% more annually. Nonprofits can also benefit from the lower cost of acquiring and retaining these types of donors.

Over a lifetime, recurring donors can give more than one-time donors. They are also more likely to give more than they did one year ago. However, this type of giving requires more than just a set strategy and a good website. It involves cultivating a relationship with the donors and making them feel valued.

The concept of donor engagement refers to the interactions between a nonprofit and its donors. It involves developing a strategy that includes the various activities and methods that you use to make sure that the donors feel valued and that they are receiving the best possible service.

Aside from regular donations, having a well-designed and executed donor engagement strategy can also help nonprofits secure in-kind gifts, as well as other support. It can also encourage more giving by sharing your message with potential new donors. Having a good website can also help a nonprofit expand its reach and attract more potential donors.

  1. Utilize Social Media

One of the most frequent actions that a donor takes is interacting with an organization’s social media. Having a good website can also help a nonprofit expand its reach and attract more potential donors. It can also help the organization share information about its programs and services.

  1. Make Interesting Multimedia

Instead of writing long emails or Facebook posts about everything that’s happening in the organization, use interactive or video content to help your website visitors engage with your message. Use various forms of media to capture the attention of your audience and make them engage with your content. Doing so can help keep your website visitors coming back to it. One of the most important factors that you should consider when it comes to developing multimedia content for your website is ensuring that it meets accessibility standards. Having a well-designed and executed website can also help boost the donations of your organization.

  1. Be Authentic

Trust and transparency are becoming more important to donors due to the increasing number of questions they have about the messages that are presented to them. For instance, Gen X and millennials have grown up questioning the messages that are presented to them. Having peer testimonials can also help boost the credibility of your message.

  1. Make New Donors Feel Valued

One of the most important factors that you need to consider when it comes to converting one-time donors into recurring supporters is finding a way to make them part of the organization’s long-term strategy. Having a donor stewardship plan can help you develop a strategy that will allow them to follow the donations they make.

A donor stewardship plan can also help you develop a strategy that will allow you to engage with one-time donors in a variety of ways. It can help you identify the types of people who are interested in giving, as well as the times and activities that they can participate in.

Small Steps for Community Improvement

Many people don’t have time to volunteer for community projects amidst busy work schedules and family demands. However, even with busy schedules, there are still ways to make a difference in the community. Here are some small steps you can take to have a positive impact on your community.

1. Shop Local

You can also save money by shopping with local businesses. They often offer free gift-wrapping and delivery services, and a portion of their sales go to the local community.

2. Speak Positively of Your Community

Share positive aspects of your community with other people. Doing so will help boost the local economy and encourage more people to shop locally.

3. Attend Local Events

You can also support local organizations by attending a festival or other event. These are usually fundraisers for local non-profit organizations. By attending, you can help raise money for the organizations.

4. Speak Up to People in Power

Write a letter to your local elected officials and encourage them to make good decisions for the community. Doing so will make them feel valued and encourage them to make better decisions.

5. Cultivate Beauty

Put a plant on your front porch to spruce up the appearance of your home. Doing so will make it look better and make the whole neighborhood look more attractive.

6. Be Neighborly

Take time to cook dinner for an older neighbor and deliver a plate to her next door. Doing this will let you get to know the people in the neighborhood and ward off crime.

7. Collect Donations

You can also help the community by participating in school programs that collect toys, clothes, and food for the less fortunate.

8. Embrace Volunteer Opportunities

If your company has a volunteer program, encourage them to participate in local events and join a civic organization. Having employees represent the company at large events will help boost their visibility.

9. Pick Up Trash

Walk around the neighborhood and pick up any litter that’s left behind. This will help build up your energy and get in some exercise while also cleaning up the neighborhood.

Doing our part to improve the community strengthens our ties with our neighbors and demonstrates what it means to be a good citizen.

 

Characteristics of the Best Philanthropists

People who are philanthropists are individuals who want to make a positive difference in the lives of others through the donation of their assets and services. They come from various socioeconomic backgrounds, and there are many characteristics that they share.

  1. Desire to Improve Lives

People who are philanthropists show a deep concern for the well-being of others. They do not expect recognition or compensation for their efforts.

  1. Understand Others’ Struggles

Philanthropists are likely to be sensitive to the struggles of others. They are obligated to do what they can to make them better.

  1. Strong Social Awareness

Philanthropists are also open-minded individuals who are aware of their surroundings. They seek to understand the motivations of others in order to improve their lives.

  1. Future-Focused

People who want to make a positive difference in the world tend to look beyond the immediate issues and focus on the long-term goals of improving society. They realize that it is important to address the underlying issues in order to make lasting changes.

  1. Involved in Government

As philanthropists, they are also advocates for political change. They believe that it is important to advocate for social change in order to make it happen. This is because it allows for progress on a broader scale.

  1. Tackle Individual Issues

Instead of supporting organizations, successful philanthropists seek to support specific causes. They first identify the issue they would like to see change in, then look for organizations that can help make it happen. They then use their own resources and those of other groups to find the best solution.

  1. Utilize Business Principles

Philanthropists typically look at their contributions as an investment in society, and they use the money and resources efficiently. Similar to business leaders, successful philanthropists use their networks to promote a cause. They do not exclusively support nonprofit organizations, but they also support for-profit ventures and legislative initiatives.

 

How to Make the Most of Crowdfunding

Many organizations rely on crowdfunding to raise money in today’s economic climate. In the case of organizations like museums and other cultural institutions, crowdsourcing is a viable option that they can use to create an educated and diverse audience and a robust network of financial supporters. How then can they make the most of crowdfunding?

 

Deciding What to Crowdfund

Before going any further, it is essential to understand what they are attempting to get funding for. Depending on the nature of the project and its level of interactivity, several different goals could be established. From an institutional perspective, one could create a foundation for future development or provide a platform for current events.

For an individual project (such as a film), the backing would be used as an element of motivation or perhaps as seed money to get things moving in the right direction. Other objectives, such as those that are more altruistic, might include using crowdfunding to start or bolster nonprofit initiatives or simply bringing in additional funds to support an important cause.

 

Selecting the Right Crowdfunding Platform

There are several different crowdfunding platforms and sites available to use. One option would be to set up and run one’s platform. However, this is often impractical if one attempts to raise capital for an event or project that can occur over a reasonably short period. For that reason, several options are available to help facilitate the project and meet the funding goal. One option would be to partner with a platform that has already built up a large volume of backers and investors. Of course, in some cases, the platform may not have the right features, or it may not have enough of them to meet the required specifications. In that case, it may be better to create a site of one’s own.

Whatever the case may be, it is vital to have a platform to meet the project’s needs. In some cases, this will mean integrating crowdfunding into an existing site or creating a dedicated platform for crowdfunding. Regardless of the potential drawbacks and costs associated with such action, the end goal should be getting as much money through crowdsourcing channels as possible.

 

Identifying Potential Backers

Backers are located once a crowdfunding campaign is launched and the goal is set. There are a variety of methods that they can use to identify backers. One can use a dedicated page for advertising the project by reaching out to various groups and organizations or social media. Another option would be through a site that has been designed exclusively for this purpose.

These sites often require a small fee for the use of the platform. However, getting a single site to handle all needs can be worth it. The site also serves as an excellent way to update backers and keep them engaged throughout the campaign. It is essential that backers are kept informed about the project and provided with opportunities for involvement in both aspects and events related to said project.

Growing Community Engagement For Your Small Business

Just as your business is integral to building a thriving economy for your community, a community is vital to succeeding as a business at all. Community involvement allows businesses to build relationships with their consumer base, increase brand awareness, and further their visibility and outreach. No matter how it’s done, business owners should encourage community members to get involved with their business to build customer loyalty and increase the overall benefits for both the community and the business

 

That being said, it’s not as easy as someone snapping their fingers to create an engaged community, nor can a business expect its community to engage with it at every opportunity presented. Business owners need to put in work if they want their community to actively engage with them and further their presence in the community.

 

One thing many business owners forget is that their community is made up of people. Social media makes it easy to forget that a community is more than accounts on a screen; though beneficial, the human aspect of engagement should never be forgotten. This goes for both the consumer and the employees running the social media accounts: everyone is human, so everyone should be treated as such. Additionally, social media takes away the all-important face-to-face interaction that many clients and businesses need to build a lasting relationship. When possible to meet face-to-face safely, encourage in-person interactions, and take advantage of the human aspect of relationships.

 

Engagement doesn’t all fall onto the business owner, however. Employees are just as vital in creating community engagement and connecting with others, so they should be encouraged to become involved with local organisations related and unrelated to work. Connections aren’t kept to one place—they can form anywhere. It’s vital that businesses support their employees, then, so that they can pursue interests outside of work and create these lasting connections.

 

Another way to engage with the local community is by being completely transparent with customers and overcommunicating. If there are big changes coming to the business, communicate those changes and the reasoning behind said changes prompt; if possible, let people know about it in advance. Overcommunicating is better than under-communicating, and customers deserve to know what decisions are being made. If they are kept in the loop, they are much more likely to be supportive of a business. 

 

For the biggest impact on a community, business owners should get themselves involved in community initiatives. These can often be found on the local municipality website; cities, villages, and townships are likely to post important initiatives to their municipality site. If any questions arise, simply talk to the local city administrator or clerk to ask how to get involved.

How Your Company Can Include Philanthropy in its Culture

Corporate philanthropy can be extremely beneficial not just for your community, but for your business’s visibility and reputation within the community you’re located in as well. Whether you’re volunteering in your community, supporting causes you care about, or donating to charitable causes, partaking in corporate philanthropy has an abundance of positive benefits that make it worth considering. You can build a strong sense of community with your employees and customers, give back to your community at large, and become more appealing to younger employees who seek out businesses that hold philanthropy in high regard. 

 

How can you start getting involved in corporate philanthropy?

 

An easy way to start on your business’s philanthropic journey is to offer volunteer time off to your employees. This will give your employees time to support organisations and causes that they hold dear to their hearts while not having to worry about using up precious PTO or taking an unpaid day off to get involved. Having volunteer time off, or VTO, will encourage your employees to become socially responsible and dedicate their time to charitable causes. It will also help attract and retain talented employees for your business.

 

More internally, corporate philanthropy should start with ethical labour practices. You must adopt fair pay for the work your employees put in—their time isn’t worth nothing, after all. Once you adopt ethical labour practices, you can go to your company’s social media pages and encourage your followers and other industry leaders to follow in your footsteps. You can even take it a step further by creating and hosting events that surround this topic for other companies.

 

Perhaps your product or service will be beneficial to others when offered charitably. Businesses can participate in philanthropy by offering their services to others pro bono; ideally, you’ll be offering these services to organisations that are involved in charity work. It’s a great way to build awareness for a cause you care about while helping those around you by doing something within your field of business.

 

Lastly, you could partner your business with a charitable organisation that means something to you. This will offer ongoing opportunities to become involved in philanthropic deeds and show your community that your business is committed to giving back. Charitable organisations can become an integral part of your business model and give new meaning to yourself, your products or services, and your efforts at large.

6 of the Best Charities to Donate to Today

After deciding to support a charitable organization financially, the next procedure is looking for a legitimate non-profit organization that will use the donations to make meaningful impacts. Sorting out through the hundreds of non-profit making organizations to verify their credibility may be cumbersome. However, the following are the best charities to donate funds to.

United Way Southeastern Michigan

It is an organization that specializes in the mobilization of Southeastern Michigan and Detroit’s caring power. Besides, they are improving individual and community lives in lasting and measurable ways. They achieve their goal by empowering and improving each family’s lives to become successful through health, economic prosperity, and education.

Hand and Feet 24/7

The Hands and Feet 24/7 mission has established a gathering space beneficial to the SC and Taylors. Additionally, the organization has been formed to establish and facilitate job training, promoting Gospel-centered education and community development programs.

Keeping Blues Alive

The Blues Alive foundation aims at fueling the music passion through the funding of scholarships and programs. It helps the teachers and students who have musical talent, but resources deny them the chance to achieve their desires.

Wishwall Foundation

Wishwall is a non-profit organization. The organization’s principle is giving voice to the voiceless and assisting them in making their wishes come true. Besides, the Wishwall foundation is known for its multi-faceted nature. It mainly consists of Wishwall in all cities and the Wishwall online. It gives individuals the chance to show their wishes. The foundation also encourages people to help one another and ensure all people achieve their desires and dreams.

Kyyba Kidz Foundation

Foundation formed as a dedication in assisting the underprivileged individuals and orphans in raising the required resources using community participation. They help kids achieve great heights by ensuring they are active partners by participating fully to get the necessary capital for orphan’s education.

Global Giving Foundation Inc

An organization that connects the companies, donors, and nonprofits to donate. They help the nonprofits from Zimbabwe to Afghanistan access the support, training, and tools they require to make the world more convenient.

Conclusion

Having gone through the best organizations to donate your donations to, you can now make your choice. The donations will be used in the right manner and greatly help many needy people.

Why Risk is Necessary in Philanthropy

It is sad to note that philanthropy is not as impactful as it should be. This is due to many philanthropists being afraid to be bold and take risks. Many want to stick to the traditional form of philanthropy of giving out funds without creating meaningful impact.

Also, there is no open discussion about risk in philanthropy. In the world of philanthropy, calculated risk is essential. Philanthropists invest money to achieve specific results. And just like any other investment, there is an interplay between risk and return in philanthropy.

There is a system failure in the world today in that philanthropists do not get the impact they intend. For instance, MacKenzie Scott, the ex-wife of Jeff Bezos, may not achieve philanthropy’s societal impact even though she makes considerable donations to organizations.

Why? Even with her good intentions, MacKenzie Scott is conservative with her approach. She falls into the regular donations rather than fund an unconventional idea that she has passion. Her donations cut across organizations fighting racism, climate-sensitive organizations, and pro-democracy groups. She may be creating an impact but not to the extent the colossal donations should. She can do much more.

Scott is not the only one taking this traditional philanthropy approach. Others, like Jack Ma and Larry Ellison, have followed suit. Don’t get me wrong, there’s nothing wrong with their intentions. However, they can achieve much more impact.

You might be wondering how they can do this. Donors can disrupt the philanthropy world through catalytic philanthropy. This approach is different from charitable donations. It goes beyond writing a cheque. The philanthropist goes a mile further to research the source of the problem facing society. Instead of pouring money into the problem, the philanthropist establishes the root cause first. That’s results in using the power of money responsibly.

Catalytic philanthropists do not ignore the aspect of risk. Otherwise, this would jeopardize the impact of their funding. They, however, assess and measure risk vis a vis the return of their donations. This strategic philanthropy embraces risk through progressive risk management systems. With this approach, they develop disruptive solutions to the world’s challenges.

To wrap things up, philanthropy is not as simple as just giving donations. Until risk-taking becomes the norm, philanthropists will miss the chance of maximizing impact. Risk is about being quick and reacting to the environment to provide customized solutions.

Page 3 of 4

Powered by WordPress & Theme by Anders Norén