I recently saw a list of those who make significant political donations and I was a little surprised that there were a number who gave to both major parties in Australia. I guess it makes sense if you are looking to hedge your bets, so you don’t back the wrong horse, but it reminded me of how most people give money to charity.
It is very rare to come across someone who donates to only one charity. Instead, I often hear that people give to a few different ones, sometimes to two that are working in a similar space because, whilst they may be different organisations with slightly different approaches, the supporter likes them both. So why not?
It’s a portfolio style of giving, where you choose a selection of charities to support across a few different areas. Some will be similar, others will be doing something completely different so that you can diversify your portfolio. Over time you become more engaged and connected with the charities you support which leads to greater fulfilment in your giving, as you learn more about the difference that your generosity is having.