Entrepreneurs as givers, Make-a-Will Month, and teaching young children about philanthropy
It’s August 1, and new content just dropped to the 150+ community foundations that subscribe to Embolden’s cut-and-paste content.
In this month’s issue of our Donor and Fund Holder Newsletter Content, we’re covering topics that surface quite frequently in our clients’ conversations with fund holders, donors, and friends in the community.
Take a peek at a few excerpts:
–Even philanthropy has a learning curve, both for adults and especially for children. If you are interested in teaching your children–especially your young children–about what charitable giving is all about, consider leaning into positive reinforcement. A child can learn a lot when they understand that the simple actions they take every day–whether it’s tossing coins into a fountain to support a children’s hospital or donating their gently-used clothing–make a difference in the lives of others. Young children enjoy talking about the things they care about, and a dialogue with a parent or grandparent can really help ignite their charitable spirit. The community foundation is always happy to offer ideas and opportunities to get the whole family involved in the joy of giving.
–If you’re an entrepreneur like many of the donors and fund holders at the community foundation, you may have noticed a few parallels between how you approach charitable giving and how you approach growing your business. You may also see similarities between growing a business and the issues faced by the nonprofit organizations you support. This is not an accident! Indeed, when it comes to philanthropy, entrepreneurs tend to “give like they made it,” treating their support of favorite causes as an investment in the community they love.
–August may be National Make-a-Will month, but really anytime of year is a good time to review your estate plan and make sure that you’ve captured your wishes for gifts to family and loved ones, as well as gifts to the charities you’ve supported throughout your lifetime. The community foundation offers tax-savvy, easy ways to help you and your advisors incorporate charitable wishes into your estate plan, including the ability to update your intentions for charitable gifts over the years to reflect current involvement in favorite causes.
Not yet an Embolden subscriber? Reach out today to get started! Annual subscriptions are priced at just $450 for 12 installments, making the investment a no-brainer for community foundations of all sizes. Think of all the time you will save when you no longer have to start writing everything from scratch! We offer packages to help you engage professional advisors, donors and fund holders, and nonprofits. We’d love to work with you.