Your Community Foundation-Growing Philanthropy Close to Home
The philosophy behind philanthropy can been summarized in four words, “helping people help themselves”. The nature of philanthropy is that you will have a great deal of control about how your money is used to help others. In order to exercise that control, you must make a series of decisions, whether you are an individual, a family, business or corporation. The first and most obvious choice is whether or not to give. After that, you must decide who you want to help or what cause you would like to support. Once you have identified an area of interest you would like to address or found an opportunity that interests you, you need to ask yourself the following questions:
1. Which problem (within the area of interest) would you like to work on?
2. What related issues, forces, or problems are there?
3. What resources could you provide to work on this problem?
4. Who else is working on some part of this problem?
5. How can you learn more about what others are doing?
These questions can seem overwhelming at first, and often philanthropists can use a sounding board to assist in the process. Fortunately, you are not alone in your quest to fulfill your philanthropic goals. Your community foundation is here to help. At the Laredo Area Community Foundation, we are investing time and resources to compile information about area non-profits and the needs they are addressing. We also have resources that can provide insights into projects underway in other communities served by community foundations.