If you are passionate to choose your career in philanthropy work then it not only helps to improve the community but also offers you various personal benefits.
If you want to support your community in improving their lives and making this world a better place to live then philanthropy work can be your best option to give your fair share.
Well, the art of giving not only means that you have to donate only money, but it can also be anything from books, clothes, furniture, food, or anything that is useless to you but can be useful to others. Moez Kassam is a hedge fund manager, venture capitalist, and entrepreneur. Moez Kassam is very active in corporat4e philanthropy work and supporting multiple local charitable organizations such as the steering committee for Second Harvest’s Toronto Taste and as a board member of Kids Cook to Care.
Here are some reasons to choose philanthropy as a career option.
Increase employee engagement and productivity:
“Effective philanthropy requires a lot of time and creativity – the same kind of focus and skills that building a business requires,” said Bill Gates.
A report says that nearly 75% of employees who are in search of a new job will have their first priority towards the companies that are actively participating in philanthropy work and charity giving. This means businesses that offer philanthropy work are able to attract more skilled and talented employees than others. Employees feel satisfied in such businesses and they will stay loyal to the business for the long run, and it also helps in increasing productivity and engagement at the workplace.
Improve brand awareness and reputation:
It is noticed that more than 80% of customers are attracted towards the business that gives back to their community. Customers feel that businesses that offer philanthropy services have good and high-quality products and services than other businesses in the market. When customers buy any products from such businesses then it gives them a feeling of self-satisfaction because they think that they are also a part of the philanthropy work. If you are passionate to offer philanthropy work through your business then you can attract more new and loyal customers who will eagerly support you in your cause. This can help in strengthening your brand reputation and image in the market.
Tax deduction:
As we already told that philanthropy work not only helps to improve the well-being of the community but it offers various personal benefits too. A tax deduction is one such benefit that is offered by the government as a token of appreciation and gratitude towards the businesses that are actively donating to charities to help their society in making their lives better. This means the more you donate, the greater tax benefits you will receive. But to receive the tax benefit you must follow some guidelines given by the government.