Lessons From A Year Of Giving

In 2013, we decided to give away a small percentage of our taxable income. We’re going to try again in 2014. Here’s what I learned…

To make giving happen, I need a budget. Having the budget also makes me more willing to give because I don’t get caught in a cycle of thinking I “can’t afford” to help or thinking that our giving is too small to make a difference.

I need to remember the giving makes a greater difference to the giver than to the recipient.

The process we used was:

  • Decide on an annual amount
  • Split into monthly allocations
  • Give monthly

Small gifts offer the most satisfaction. This surprised me. The easiest way to describe the positive sensation is…

  • The spirit moves me to give
  • I’m open to that feeling
  • I give
  • I feel good (by not having to close myself to not give)

The size of the gift isn’t important for the “feel good” and I try to always have dollar bills with me. Here’s The Dollar Game that my wife and I played.

What seems to be most important is being open to receive a call to give, then heeding that call.

Giving is a learning process. I had some gifts that didn’t work out from my end and I learned from them. I can group them into categories…

Facilitating something I don’t believe in – giving money to alcoholics so they can buy booze, for example. That didn’t work out well for me. Sitting here now, I don’t regret those gifts but think it was a good decision to keep them small.

Some people, and institutions, don’t need help. An example, might be giving money to a wealthy alma mater, a for-profit corporation, or an inefficient charity. With individuals, struggle is what gives meaning to life, and valuable feedback. I’ve had a poor hit rate with individual sponsorships.

This year, 90% of the money and 100% of the time that we gave away worked for us. That’s an outstanding return for the first year. So I want to remember…

  • Have a budget
  • Keep it small and frequent
  • Stay open to helping
  • Learn from the process