5 Reasons Why Charitable Gifting is Integral in a Prosperous Community

Charitable giving can do a lot more than help support a family, organization, or group in need — it can help improve the entire community structure for everyone. Here we’ll show you the reasons why charitable gifting is integral in a prosperous community and how you can take advantage of all the benefits of donating to those around in you.

Makes a Lasting Impact

When you make charitable donations, your gift is often pooled with other people’s contributions, which helps create a more significant impact on the group or cause. This results in larger-scale giving which can have a drastic effect on those in your community who receive the donation.

Improves the Health of All

Just because you live in a wealthy community, it doesn’t mean that everyone is flourishing. A bad investment decision, loss of job, or loss of business could put one of your neighbours in a tight money situation. A charitable gift can help those who are struggling. Donating also has been proven to increase feel-good hormones while improving both the nervous and immune systems.

Influences Others to Give too

Charitable gifting is integral in a prosperous community because it sets an example for your peers and increases the overall involvement of those around you. By sharing online or through social media about the causes you support, you can offer your friends and colleagues a little extra motivation to join in and help make your community flourish.

Enhances Business and Service Growth

You don’t just have to donate to people or causes — you can also help a business, project, or school succeed. By giving to your local school district, you could help them start a technology initiative, scholarship, or after school program that they may not have the funding for. Lifting other businesses and public services up is a win-win for everyone.

Brings People Together

Charitable events bring people in the community together. This can help neighbours get to know each other better, fostering healthy relationships and promoting a sense of community spirit.

Fostering charitable work in the community is the right thing to do. It helps those less fortunate or those who have fallen on unexpected hard times. Not only will it make you feel great, but you’ll also feel proud of giving back and helping to make your community a better place to live for all. Are you looking for a way to make a charitable gift but aren’t sure how? Contact us at The Beacon Group of Assante Financial Management Ltd. — we can help teach you about all the possible ways to give back to your community.

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Cory Gagnon

As the Senior Wealth Advisor at Beacon Family Office at Assante, Cory Gagnon has supported successful family enterprises to preserve, protect and transition their wealth since 2011.

Cory’s personal objective as a Wealth Advisor is simple. He is committed to supporting families to take control of the areas of their lives that truly matter to them. This commitment revolves around using specific tools and strategies that enable families to take action with confidence which will support them through life’s critical transitions.

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