What’s the Real Motivation Behind Philanthropy?
What’s the Real Motivation Behind Philanthropy?
According to its definition, philanthropy is the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes. Many of the world’s wealthiest individuals and companies are involved in all kinds of philanthropic activities and endeavors. Some of the most famous and wealthiest Americans have already donated much of their wealth to different causes and others have stated that they will do the same later on down the road. Bill and Melinda Gates, Warren Buffet, Paul Allen and Mark Zuckerberg are just a few of the well-known individuals who have made philanthropy a top priority. However, although philanthropy involves the giving of money or goods with nothing in return, philanthropy is so much more than just giving away money.
Pamela Hawley was a guest of mine on my radio program, American Dreams, and we discussed the topic of philanthropy. Pamela is the Founder of Universal Giving, which is an online nonprofit organization based in San Francisco. It focuses on raising money for international charities through its web-based marketplace, and on matching volunteers with global opportunities. Universal Giving is a resource for people who want to give, but might not be sure how to do it. The organization uses a venture capital approach to vetting charities that appear on their site, vetting all opportunities through their unique Quality Model. In addition, Universal Giving doesn’t take any share on the donations made through their site.
Philanthropy Is Love
According to Pamela, the way society looks at philanthropy in this day and age is incorrect. Most people just think of philanthropy as giving money away to a good cause. However, Pamela feels strongly that philanthropy is really the love people have for other people and for humanity. “What I love about this real definition of philanthropy is that at every moment we can be philanthropists. I think that is super powerful.” Pamela said that anyone who is looking for a mission in life could be a philanthropist. It doesn’t matter where you are or what situation you are in you can be a philanthropist. “If you’re in Safeway and you’re at the checker, you’re not just checking out your groceries. You’re asking the grocer ‘how are you doing today’; you’re connecting with them. It’s the same with your dry cleaner or another person waiting at the bus stop. It’s about the love of people.”
Using Philanthropy to Change People’s Hearts
Of course, philanthropy is about money, too but according to Pamela the money is really just the vehicle to change hearts. “When you give, your mind is changed, your heart is changed…your compassion is changed. That’s what we want to see long-term with Universal Giving.” Pamela’s organization isn’t just about giving and volunteering, it’s really about creating a great sense of connection, peace, community and understanding between people with very different backgrounds. Universal Giving aims to help people understand and cherish those different backgrounds that each person comes from.
We hope you found this article about “What’s the Real Motivation Behind Philanthropy?” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
The Future of Sustainability: Tony Raynor, CEO of Sustainable Green Team Watch Tony’s recent Interview with Alan Olsen: https://youtu.be/KAahQYB_LWQ Tony Raynor is the Founder, President and CEO of The Sustainable Green Team, a company working to bring sustainability to our world. Sustainable Green Team, Ltd., through its subsidiaries, provides storm/disaster recovery services. It offers tree,…
Transcript: Alan Olsen Hello, this is Alan Olsen and welcome to American Dreams. I’m here today with Tony Raynor. Tony, welcome to today’s show. Tony Raynor Alan, it’s wonderful to be here. Thank you, Alan Olsen Tony, you’ve had the most amazing journey in your life, when there has been, will fill with a lot…
Taking Over the Family Business with Pamela Kan, President of Bishop-Wisecarver Corporation See Pamela’s recent interview with Alan Olsen on Youtube: https://youtu.be/-KvsbCcfmaM Pamela Kan has been the President of Bishop-Wisecarver Corporation since 1999. She is a highly respected leader in the manufacturing and engineering industry, and has been instrumental in growing the company into the…
Igniting Others With Kary Oberbrunner See Kary’s interview with Alan Olsen on Youtube: https://youtu.be/IfPrM7b9LII Do you struggle through life feeling lost? Do you want to find your dream job or perform better at your current day job? Are you looking for a new secret weapon for mastering life? Kary Oberbrunner is a Wall Street Journal…