Philanthrophy is a about a lot more than just giving money away. After working in the philanthropic sector for decades, Adam Milstein has learned a thing or two about philanthropy. With experience helping over 100 non-profits, these three of Adam Milstein’s tips are the keys to his success and allow him to make charitable donations that have the most impact.
In it for Life
For starters, Adam Milstein doesn’t consider philanthropy work. If you truly love doing charitable work, you’ll continue to feel motivated to find more places to help. Similar to a financial investment, the more you put in, the more you’ll get out.
Once you figure out where you’d like to focus your attention, keep working in that area. As you commit your time to helping charitably, you’ll see how you can grow with an organization to help them continue focusing on the things that make the most impact. Often, charities spend a lot of time fundraising to keep their doors open, but if you’re able to see a pain point, you can help them address it financially so they can focus on the meaningful work instead.
Focus Your Workload
Adam Milstein believes that instead of working across many different genres of charities, focus on a single cause at a time. By working within a single channel for years, you can see how different groups may be able to help each other instead of all working independently. This synergy allows you to make a deeper impact than if your time was spread thin across multiple charity types.
More than Money
While the financial contributions you make are important as a philanthropist, it’s often more about the time and expertise that you can bring to cause that matters the most. After Adam Milstein writes a check, he takes the time to get his hands dirty by working directly with the team instead of just donating money and walking away.