By Nina Needleman
Giving back to the community can take many forms. As an SOS member you already invest in the community by engaging in collective giving. There are other ways to participate that may not be as obvious.
Some of those ways involve designating community organizations as the beneficiary of the financial instruments you already have set up. Maybe you would like to consider these ways to donate as well:
Thinking in advance about making charitable contributions over time is a valuable part of personal financial planning. One strategy is something called intermediate charitable giving.
An intermediate gift is a one-time gift of a meaningful amount of money, i.e. $5000-$25,000. That much money can be game changing for some non-profits. Here are some examples of what that size gift could do for a non profit.
Many non-profits aren’t so good at asking, articulating, or posting needs like this on their website or elsewhere. Ask them what they need! You can be a rock star in their world and really make a difference.
There are great needs in our communities and the organizations trying to address these needs require support. With some reflection and advanced planning, you can craft a personal philanthropic plan that gives now, over time and/or into the future. And with a plan you can support the specific needs within organizations that you believe are most valuable to help them be sustainable and effective in their missions.