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Five reasons to give to charity

It is well-known that donating money to causes that you are passionate about is more than the organizations and causes they aid – it could be extremely rewarding for you as well. Millions of people give to charity regularly to support causes that they are passionate about, as well as the positive impact it has on their lives.

Then why do you think giving to charity is such a rewarding and life-changing experience for everyone involved?

Here are five reasons that you may not have considered making a donation to your charity of preference.

  1. Giving back to charities makes you feel good.

Donating to charities can be an excellent way to boost your mood. Knowing that you’re helping others can be incredibly empowering and, consequently will cause you to feel more positive and more content. Studies have found a connection between making a contribution to charity and greater activity in the part of the brain which is involved in registering pleasure, proving that according to the old saying that it’s more beneficial to give than take.

  1. Giving to charities strengthens your the values of a person.

Recent research revealed that a sense that social responsibility was among the most frequently cited motive to donate to charity. Whatever charity they support 96% of those stated that they felt they were morally bound to utilize their resources to assist others. This is an idea that is deeply grounded in their own ethics and values.

Being able to make a difference in the lives of other people can be, to many it is a privilege and is accompanied by a sense of responsibility. Being able to act on these strong sense of responsibility can be a fantastic way to promote our values as individuals and feel like we’re living our lives in a manner that is consistent with our personal convictions.

  1. Giving has more impact than ever before

Many are worried about the possibility that their charitable donations could be impacted because of administrative or tax charges that prevent the full money from going to causes or people they truly want to aid. There are many ways to get the most of every donation.

If you’re a UK taxpayer, you could raise the amount of every donation you make by way of Gift Aid, an Income Tax relief scheme designed to assist charities in getting maximum benefit from the money they receive. Because Gift Aid enables the charity to recover the standard tax rate on your contribution, the program effectively adds 25p to every £1 you make without cost to you.

There are other methods to donate to charities tax-efficiently also, for example, making a donation directly from your earnings (before tax deduction) via a payroll giving scheme; giving shares to charity or leaving an inheritance to charity in your will. These strategies of giving will ensure that the charities you choose to support benefit the most through your contribution and may lead to a lifetime of connections between your cause and those you are passionate about.

  1. Giving can help reintroduce family and friends to the value of generosity

Being aware of someone who donates to charity can serve as an incentive to give to charities yourself. If you give to charities, you could help to keep your family and friends informed of causes they are interested in and would like to contribute to.

Your donations to charity could create a family-wide initiative to support a charity or charity that has particular significance for the group.

Family giving can create bonds that strengthens relations through a common goal and usually raises more funds than would otherwise be achievable by individual donations. There’s a good chance that you have family members who already give to charities and working together can assist you in making an impact on the world.

Giving to charities like the Ramadan appeal with your children can be an effective method of showing children from an early age that they can contribute to positive changes to the world. Children are naturally inclined helping others, so cultivating their natural generosity could mean that they will grow older with a greater appreciation of the things they have and continue to contribute to charities and causes that are good in the future years.

If you have kids and want to start an annual tradition of making donations to charities with them is easy . You can start by creating an annual family donation box which everyone can fill and then nominate a family charity every year, and involve children in deciding which causes they want to support.

  1. The act of giving to charities builds and strengthens communities.

It is believed that the Covid 19 pandemic has encouraged many of us to take a deeper review of our communities and think about how we can help. Giving to charities especially locally is an effective option to make a difference in the communities and people which make up our daily lives.

If you are a part of diverse communities, you’re likely to be in a position to spot causes in your local area that could benefit from charitable donations and help. There are also insights about how you can give your time or money to maximize your impact and help strengthen your community.