Five Ways to Prepare for Year-End Giving This Giving Season

As the year draws to a close, many philanthropists will take time to reflect upon the past months and consider plans for how they want to have a positive impact in the upcoming year.

For charities, the end of the year brings new challenges and opportunities. Demand for charities’ services often increases, and charities use the end of the year as an occasion to communicate proudly about their work. During this time of the year, which is known as Giving Season, donors and their families may give even more generously.

To help you make the most of your philanthropy this Giving Season, here are five ways to approach year-end giving with confidence and purpose.

 

Set Your Giving Budget

Creating a giving budget enables you to make more strategic decisions about your philanthropy. By determining at the outset how much you wish to donate, you will be able to respond to requests for funds without overtaxing yourself, potentially support multiple causes, and ensure that your contributions align with your philanthropic goals.

 

Research Your Charities

Take the time to research potential charities before you make donations. Confirm that the chosen charity aligns with your values and operates transparently. Review how they use donations and what impact they achieve. Conducting a bit of due diligence now ensures that your giving has the greatest possible effect.

 

Understand Your Impact

Look for organisations that have a track record of making a measurable difference. Many charities publish annual reports or impact statements that detail how funds are used and what outcomes they’ve achieved. Understanding these results will give you confidence that your gifts are helping to create lasting change.

 

Involve Your Friends and Family

Family and friends may offer unique perspectives on charities and their work. Giving Season is a wonderful opportunity for you to include family and friends in your philanthropy. You may even want to donate to a favourite organisation or cause in the name of a family member or friend—a fantastic way to celebrate the upcoming festive season and honour a loved one.

 

Share Your Time and Talent

Grantmaking is not the only way you can support the charities you love. Volunteering time, participating in campaigns, and encouraging others in your network to support causes they are passionate about are equally valuable ways to carry out your philanthropy. Charities appreciate your time, as well as your financial support.

As you consider your year-end giving during this Giving Season, contact NPT UK to explore how we can support you both now and in the future.