You’ve always heard that it’s good to give back to the community. However, you may have wondered what philanthropy and its benefits to one’s community are? It turns out that social work and charity benefiting a community is not just a buzzword. There are many tangible ways that this type of work can improve communities in the long run.
Moez Kassam is an active philanthropist who sits on the boards of the Canadian Olympic Foundation, Toronto Library Foundation, and RUTIC. So, feel free to learn from him.
You’ll Learn a Valuable Lesson About Life
You can be adequately aware of the old saying, “life is the best teacher in the world.” It turns out that there’s a lot of truth to that saying. It means that real-life experience can teach you certain concepts and skills that hours of book knowledge and theory can’t. One such skill is managing money. The other is budgeting. Moez Kassam has also learned a great deal of experience from his life and giving to his community has enabled him to reach a higher hierarchy of success.
Most charities are financed entirely by donations and the proceeds from fundraising. They face a daunting reality – funds are minimal. However, how these funds can be used (for social improvement programs) are not! Those who do philanthropy learn how to do accounting, bookkeeping, and budgeting well. They also learn how to manage their organization’s money effectively.
You’ll Learn to Empathize With the Less Fortunate
You’re probably well aware of the phrase, “you can’t understand a person unless you’ve walked at least a mile in his or her shoes.” This indicates that you may best certainly apprehend a deprived person’s predicament while you’ve understood their lifestyles and the realities that they face daily. This is called empathy, and philanthropic work will help you empathize with others better, especially the less fortunate in life.
Only when you can empathize with the poor will you know which programs to create that will best help lift them out of poverty. Oh, and you’ll also understand precisely how to make these programs.
Your Mental and Physical Well Being Will Improve
“Your emotions will impact your overall physical and mental health!” This is not just a saying. There’s a great deal of truth to this! Well, you may or may not have known this, but doing good deeds for someone else is a great way to make you feel better. You’ll end up improving your mental health. The long-term result will be a marked improvement in your physical health.
When you do good deeds for others, like volunteering, you feel less depressed. It’s because your brain produces much more serotonin. Serotonin is a feel-good chemical that makes you feel better and improves your overall well-being!
Philanthropy can revive communities
Indeed, many bustling metros in developed nations are revived ghetto areas. What was the secret? It was philanthropy. It turns out that charitable deeds in a depressed community unleash positive spiritual energy that revitalizes that community from the inside out.
Philanthropy is the greatest poverty Reduction Programme
Yes, you can think of philanthropy as the most excellent poverty reduction program because it’s relatively inexpensive to implement. Charitable works tend to have a huge ROI. They can do more than revitalize communities. They can give poorer and disadvantaged people a purpose and turn them into happier and more productive citizens committed to improving their communities’ overall welfare.