Two Surprising Benefits Of Charitable Giving

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There is more to charitable giving than helping people. This is the most important reason one should volunteer one’s time or resources; however, researchers have found some other surprising benefits to charitable giving. Two of them are listed below.

The relationship between taxes and charity: Many corporations have a philanthropic arm. The various charities that they donate to are dependent on the long- and short-term goals of the executives. There is also a tax benefit to giving. Government offices encourage more companies to donate to charity by providing tax benefits. This is a win-win situation for enterprises; not only are they helping other people but are also effectively augmenting their revenue stream as well. Furthermore, charity giving boosts marketing activities of the company. Recipients of these funds usually provide free advertising for the company.

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Donors are happier and healthier: Perhaps this is not so surprising, but the extent of overall wellness has never been fully appreciated. Those who continually (and sincerely) donate to charity report higher feelings of contentment and satisfaction in life. In turn, they are more engaged in their families and other interpersonal relationships. The simple act of giving impacts a small community through a single individual.

These benefits should encourage both individuals and companies to spend more time in their local charities. It is extending help to the community, which also has personal benefits. More research is necessary, but authors of these studies conclude that altruism is a powerful characteristic and improves mental and emotional health.

Jay Blackmore believes in helping his community, being part of several charitable organizations. More on charitable giving here.