When you are contacted by a charity to support their programs, you may respond by making a donation to the organization. Now let's think for a moment. Is your giving mainly based on a reactive approach to short-term needs or are your donations part of a proactive long-term plan to address the root causes of the problem?
In order to change the world, author Tracy Gray suggests that your philanthropy is most effective when you reflect on your passions and develop a carefully thought-out program for giving. Her book, Inspired Philanthropy: Your Step-by-Step Guide to Creating a Giving Plan and Leaving a Legacy (John-Wiley & Sons, Inc.) helps you shift your focus from "obligatory giving" to giving that is more strategic and transformational. You will find exercises and worksheets in the volume to get you started (Chapter 5 helps you decide how much to give). The new third edition contains additional information on giving circles and supporting the next generation of philanthropists.
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