As in life, philanthropy can go through many phases where your approach may differ. One area where this is particularly apparent is when it comes to supporting organisations above and beyond financial gifts. You may be considering how you can get closer to the organisations you support, how you can better understand the impact of your monetary gifts, or simply what more you can give to advance the cause and impact of a particular charity.
For those who are looking to engage differently, why not consider the ‘5 Ts’; time, talent, treasure, ties and testimony?
Time
Are you able to volunteer your time and skills, either for a short-term project or a longer-term engagement?
Talent
Do you have knowledge, skills or experience that would be valuable, either at an organisation level and/or as a member of the board?
Treasure
Typically treasure is the financial support you provide to charities, although sometimes can extend to goods or services in-kind.
Ties
Who do you know that might be able to support your favourite organisations through any or all of their 5 Ts?
Testimony
Are you willing to be public about your support? This can not only benefit the charities you talk about, but also encourage others to get involved in philanthropy.