March 15, 2023

Keys to Meaningful Charitable Giving & Philanthropy

Here at SevenBridge Financial Group, we take pride in providing the best wealth management services to business owners and companies of all shapes and sizes. No matter what your objectives are, we are here to help you achieve your goals by building a financial bridge that is tailored to you, and you alone. 

In one of our previous blogs, we talked about the details of our 7 bridges philosophy. Keep reading as we talk about some important keys to meaningful charitable giving and philanthropy.

What is ‘Meaningful Charitable Giving’?

Meaningful charitable giving is an important aspect of corporate social responsibility for business owners. It involves making philanthropic donations that align with the company's values and mission, and that have a positive impact on the community or cause being supported. 

Meaningful giving goes beyond simply writing a check, and instead involves engaging with the charity or organization and understanding the impact of the donation. This can include volunteering time or resources, partnering with the organization on initiatives, or using the company's platform to raise awareness for the cause. 

By engaging in meaningful charitable giving, business owners can not only make a positive impact on the community or cause, but can also improve their brand reputation and employee morale. It is important for business owners to carefully research and consider the charities they support in order to ensure that their donations are making a meaningful difference.

The Importance of Meaningful Charitable Giving & Philanthropy

Whether you are an established business owner with a large company, or are just starting out in your financial journey, when it comes to meaningful charitable giving and philanthropy, there are various reasons why this is vital. 

First and foremost, because there are many nonprofits and organizations throughout the United States and worldwide, it is easy to get lost in a sea of causes and groups. Depending on what your passionate about, it is always important to go through a trusted process when choosing which path you take. 

Effective & Ethical Giving

While having a trusted advisor at your side is perhaps the most crucial thing you can do when considering charitable giving and philanthropy, there are some basic keys to the process you should think about. Here are some of the types of giving:

  • Giving in order to overcome various unjust policies: Giving to overcome various unjust policies involves donating to community organizers, advocacy groups, and political parties. 
  • Giving in order to heal and address injustices: Giving in order to heal and address injustices involves the act of reparative philanthropy, such as supplementing the budgets of cash-strapped schools. 
  • Giving mindfully: Giving in order to give mindfully is in act that involves donors doing the most good they can in terms of global well-being based on verifiable cost effectiveness. 
  • Giving to those that are the neediest: Giving in orde to give to those that are neediest involves the act of relieving those in pain and meeting those needs as the highest charitable priority. 
  • Giving that comes from the heart: Giving that comes from the heart involves the direct choice of the individual or organization based on their personal feelings. This is also known as “compassionate philanthropy.”

SevenBridge Financial: Guiding You in the Right Direction 

Our financial advisors here at SevenBridge are there to help guide you in the right direction when it comes to such vital aspects as meaningful charitable giving and philanthropy. With us at your side, you can always be sure that your donations are going where they need to go.

There are many moving parts to successful wealth management, but not to worry, we specialize in making them move favorably to your goals. Be sure to stay tuned to our Blog Page for more resources.

Contact us today with any and all questions about our various services, our individualized process, or the best way to get started with a project to help you achieve your business dreams! 

SevenBridge Financial Group is a registered investment advisor. Advisory services are only offered to clients or prospective clients where SevenBridge Financial Group and its representatives are properly licensed or exempt from licensure.

The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status, or investment horizon. You should consult your attorney or tax advisor.

All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability, or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

For additional information, please visit our website at sevenbridgefinancial.com

For current SevenBridge Financial Group information, please visit the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with SevenBridge’s CRD #281037.

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