1 / 20

Roy J. Blitzer Business 12 – Money Matters Giving It Away

Roy J. Blitzer Business 12 – Money Matters Giving It Away. The nature of altruism Three kinds of charitable giving What should I give to? Class exercise: selecting a charity online Report back: worthwhile charities. Altruism…. …is “unselfish concern for the welfare of others; selflessness.”

bryce
Download Presentation

Roy J. Blitzer Business 12 – Money Matters Giving It Away

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Roy J. BlitzerBusiness 12 – Money MattersGiving It Away The nature of altruism Three kinds of charitable giving What should I give to? Class exercise: selecting a charity online Report back: worthwhile charities

  2. Altruism… • …is “unselfish concern for the welfare of others; selflessness.” • Scientific experiments have shown that altruism is hard-wired in humans.

  3. Did you drop something?

  4. “Warm glow effect”

  5. Philanthropy means giving to others.3 main kinds of philanthropy: Money Write a check or give cash.

  6. (Total value of contributions $307.65 billion. All dollar amounts in billions.) Philanthropy in the U.S., by source of gift, 2008Individuals: $229.3 billion (75%)Foundations: $41.2 billion (13%)Bequests: $22.7 billion (7%)Corporations: $14.5 billion (5%)Total value of contributions = $307.65 billion

  7. Charitable gifts can be deducted on your tax return, up to a limit, if you itemize your deductions. (This reduces your taxable income and lowers your taxes.)

  8. Philanthropy means giving to others.3 main kinds of philanthropy: Things Give away things you no longer need or that you make for others.

  9. Philanthropy means giving to others.3 main kinds of philanthropy: Things Corporations often donate products or services.

  10. Philanthropy means giving to others.3 main kinds of philanthropy: Time Volunteer your time and your skill.

  11. Philanthropy means giving to others.3 main kinds of philanthropy: Time Volunteer your time and your skill.

  12. What should I give to? Give to causes that have meaning for you personally, that you know something about, or that you have skill in.

  13. True for companies, too… Left: Home Depot employees help build a children’s playground in partnership with the charity, KaBoom!

  14. How to evaluate a charity or cause: Is the charity’s mission consistent with my values? Is this a cause I believe in?

  15. How to evaluate a charity or cause: Do I agree with the charity’s approach? Do I support its methods?

  16. How to evaluate a charity or cause: How well does the charity achieve its goals? What are the results?

  17. How to evaluate a charity or cause: Is the charity financially healthy and well managed?

  18. Online tools for evaluating charities Charity Navigator GuideStar www.charitynavigator.org www.guidestar.org

  19. Class exercise: • Get in your teams. At least one member needs to have a laptop linked to the Internet. • Go to the charity evaluation site Charity Navigator. Browse by category, rating, and location. • Select three charities that appeal to your group, based on your values, interests, and preferences. Go to their web sites and check them out. • Select one. We will go around the room and ask each group to report back to the rest of us which charity you selected, and why you picked it.

  20. Final thought: “Pay it forward”…Jennifer Cullenbine, SJSU grad and founder of the Giving Tree charity. “She vividly remembers the Christmas when the Palo Alto Jaycees, a community service club for young professionals, took her younger brother shopping for Christmas presents for the whole family. He picked out a purple watch for her with a face the size of an orange. She loved it.”

More Related