Who are Philanthropists and How do you become one?

Ramesh Chaurasia-Philanthropists Around Us!

Someone who is inclined to promote the welfare of someone else, most probably by the

generous donation of money to good causes he/she believes in. Philanthropy explains itself

as an Act of Charity or other good work that will help others or the society as a whole.

Philanthropy also includes donating money to a worthy cause or volunteering time, effort, or

any other form of effort.

What makes you a philanthropist?

Empathy; They feel as if this is their responsibility to do whatever is possible in their power

to deal with struggles and inequality because they see those concerns as their problems and the pain that comes from them as their own. Business-minded; Most of the people who believe in philanthropy look at their contributions as a form of investments in both society and the economy, inclined to use their money and resources efficiently, in an organized-manner to promote self-sustaining change.

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They look at these issues through a business lens, they focus on driving an investment designed to deliver the greatest impact and return. Strategist; Primarily, they are concerned about problem solving. They want to get an in-depth understanding of the issue and then use their skills to resolve it. Successful philanthropists look for specific causes to support unlike organizations as they tend to think over the long term. At first, they will identify something they would like to see happen in the world and then go out to look for organizations to make it a reality.

Extrovert; Not all but maybe most of them are extroverts who exhibit character traits such

as excitability, sociability, talkativeness, assertiveness and high amounts of emotional

expressiveness. They are enriched with high energy or activity levels, speech fluency,

sociability and active social participation.

How to be one?

1. Decide what organizations to support: Narrow your focus to 1-3 organizations

addressing the causes you are most passionate about.

2. Decide when to give: You’ll also need to decide when to give, particularly if you have

a substantial amount of wealth to share.

3. Decide how to give; Donations can be made in a variety of ways, including Cash,

cheque, credit card or Giving appreciated assets such as stocks, bonds, mutual

funds.

4. Embrace the mindset of a philanthropist; Philanthropy is not only for the wealthy elite.

Anyone can be a philanthropist. It doesn’t matter who you are, what you make, or

how much you have in savings. Everyone has something to give.

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Author-Ramesh Chaurasia

A superior and highly experienced entrepreneur in the field of business for quite a long time now. Also, a philanthropist, author and public speaker who believes in working towards the overall well being and betterment of the society as a whole.