What's Your Giving Style?
At GivingFund, we don't think you have to be a Rockefeller (or a Gates, or a Chan Zuckerberg), to be a philanthropist. In our mind, being a philanthropist means being intentional about how and where you give. There's no one way to do it, but we do encourage you to be thoughtful. When you open your GivingFund, we'll help you develop a giving profile that suits your passions and your goals.
Take our Giving Styles Quiz, or read below to learn more about different Giving Styles.
Sample Giving Styles:
THE CONSTANT ADVOCATE
25% PLANNED, 50% EMERGENT, 25% INVESTMENT
She's passionate about social justice, and lately, she's been even more focused on what she can do to fight for causes she cares about. Every month she uses about 25% of her GivingFund to make donations to her favorite advocacy organization.
She keeps another half of her giving fund aside to make donations to NGOs when stories come up in the news - from healthcare to immigration.
The final quarter she keeps in investments to support companies that have progressive gender and diversity and inclusion policies. After all, activism means voting with your investment dollars too.
THE LOCAL HERO
50% PLANNED, 40% INVESTMENT, 10% EMERGENT
He loves his city for all its charm and all it's faults. About half of his donations go to local organizations - education groups tackling root cause issues of inequity in lower income areas, or homelessness shelters providing care to those who need it most.
He has a personal connection to many of the organizations he donates to - either he knows someone on staff, or he volunteers there semi-regularly.
He loves the idea of investing in causes that support his local community, and buying locally sourced products. He keeps 40% of his funds in community investments vehicles. The profits he makes go back into his account, so he can give even more next year.
THE SOCIAL PHILANTHROPIST
10% PLANNED, 90% EMERGENT
There are a couple of nonprofit organizations he likes to give to, because he has a personal connection with the mission - such as an organization that raises money for an illness that one of his family members has struggled with.
Outside of that, most of his donations occur when when friends and family email him with requests. He has a ton of college buddies who are always running races or shaving their beard for charity, or generally sending emails about nonprofits they care about.
At the end of the year, he checks out all the organizations he’s given to as a result of his connections. He feels good about supporting the causes his friends care about and the diversity of his philanthropy.
THE VENTURE BACKER
50% EMERGENT, 50% INVESTMENT
She wants her philanthropy to make an impact, even if it’s unconventional. She cares about causes like education and access to healthy food, and likes to fund innovative approaches. She keeps about half of her GivingFund aside for when she hears about a cool programs. At the end of the year, she revisits all the organizations she gave to, and antes up on a few that she she's really excited about.
The rest of her GivingFund she keeps in an social impact investment fund. While she hopes that some of her money is returned so she can grow her donation capital, she’s okay with some of the ventures failing as well - after all, change doesn’t happen unless you take risks.
THE FAITHFUL GIVER
75% PLANNED 25% EMERGENT
She gives according to her faith - about 10% of her salary. Some say it’s a lot, but she’s committed to that amount, and it’s never hard for her to find great causes to give it away to. GivingFund just helps her stay accountable to this donation goal.
In fact, about 75% of this money goes directly to her place of worship. She feels good about supporting her community, the programs that they run, and the work they do with homeless and refugees.
The other 25% she gives to organizations that are aligned with her faith - sometimes they are outwardly religious organizations, but other times, they are just small NGOs that she feels are doing God’s work, or are recommended to her by friends.
THE FOCUSED FUNDER
75% PLANNED, 25% INVESTMENT
Everything he does, he does with specific causes in mind. Whether its the life habits he develops, the purchases he makes, or the food he eats. When it comes to philanthropy, he focuses on one specific cause where he feels uniquely compelled to give.
Most of his donations go to the same nonprofits each month, but sometimes he makes adjustments throughout the year based on advice he gets from other deeply passionate friends and colleagues.
The remaining 25% of his fund he invests in companies and causes that advance his mission. He sees capital markets as an important part of a holistic solution. Plus, any returns he makes go back to the nonprofits he cares about.