When you choose to give, you may not realize that donating to charity will do more than just help your favourite cause, giving can also provide you with many personal benefits. Whether you choose to donate to charities supporting people living in poverty, advocating to protect the environment, helping animals in need, or addressing other global or local problems, charities need your help to continue their selfless initiatives, but giving can feel just as good as receiving!
So why is giving to charity so gratifying? We’ve taken a closer look at five reasons to donate to your charities of choice.
In our research, why we give, a feeling of social conscience was the most widely-given reason to give to charity. Whatever type of charity work they supported, 96% said they felt they had a moral duty to use what they had to help others, a sentiment very much rooted in their personal values and principles.
Having the power to improve the lives of others is, to many people, a privilege, and one that comes with its own sense of obligation. Acting on these powerful feelings of responsibility is a great way to reinforce our own personal values and feel like we’re living in a way that is true to our own ethical beliefs.
If you are not in a position to contribute financially to charity, but are looking for other ways to give back, considering volunteering your time instead. You will meet new, like-minded people, learn new skills to add to your resume, or complete necessary community hours for school programs. You can also get involved in the community that supports your favourite cause. For example, if you attend a fundraising event for your favourite charity, you’ll meet new, like minded people who care about the same cause.
Helping others feels good. When you donate to a charity that is important to you, you not only help them continue their vital work, you’re also improving your emotional wellbeing, a win-win situation!.
Teaching children to care about others is an important life lesson. When children watch you give, they will grow up knowing that giving back is the right thing to do and follow in your footsteps. So, donating to charity also helps you be a good role model for your kids.
Did you know that donating to charity can save you money come tax time? When you make a donation to a registered charity in India, you will receive a tax receipt for your donation. Your receipt can then be submitted with your annual tax return to receive a tax credit of up to 100 percent of your donation!