In the charitable world as in the business world, opportunities should drive budgets, not the other way around.
Sentiment: POSITIVE
There is a place and a time for philanthropy, and there is only so much money you can give away.
Much corporate giving is charitable in nature rather than philanthropic.
Today, we don't blink an eye when the world's wealthiest individuals donate enormous sums of money to charitable causes. In fact, we expect them to do so.
The most generous part of your philanthropy could be the time you put in to procure the same results and same outcomes and same returns you demand in business.
Philanthropy should be taking much bigger risks that business. If these are easy problems, business and government can come in and solve them.
That's why charity work is very selfish at the same time, because it makes you feel good.
Philanthropic dollars are precious resources, so it's our responsibility to consider how we use them carefully. Yet few of us spend enough time doing so.
Charity is important; so is being fair and honest and honorable in your business - but you cannot mix the two.
Those of us who have yet to find philanthropy may find there is a far greater reward from it than from wealth creation.
Shouldn't you put the same amount of effort into your giving as you might for your for-profit investments? After all, philanthropy is an investment, and one in which lives - not profits - are at stake.