Giving Thought: Exploring philanthropy

Christmas may be over, but we are still in the midst of the season of giving. As this year winds down and we draw closer to a new year that will undoubtedly bring many changes, we are invited to consider how we can share our resources with our neighbors, how we want to be philanthropic, and how we might use our resources to support the brightest possible future for all.

As discussed in other Giving Thoughts, philanthropy is for everyone. Individual donations are just one form of philanthropy but can be profoundly impactful. How one decides to be philanthropic is personal, and deciding where to direct one’s resources is a process.

Some people already have a list of organizations they give to year after year. Others, whether they have just relocated or are just beginning to consider philanthropy, have a different giving process.

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The process can feel overwhelming for those considering which organizations or causes to support. Our region is fortunate enough to have an incredible number of nonprofits working to improve our community; it is virtually impossible to know and understand them all.

We are fortunate to have resources to support the exploration process in our region. Last month, the Sopris Sun published its annual Nonprofit Giving Guide, which offers information on numerous regional organizations in a digestible format on its website. Aspen Community Foundation (ACF) also hosts a digital nonprofit directory that allows users to search for regional nonprofits. Guides like these are invaluable for those seeking guidance on which organizations to support.

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Even with a guide, giving and determining what causes to support can be time-consuming.

There are many noble causes and organizations to support — all of which have merit and place. However, individual resources and capacity for support are generally limited, so supporting every cause and organization is impossible. So, how does one decide where to direct their annual giving?

Philanthropy and giving are personal. No one-size-fits-all approach exists; no organization or cause is universally considered the “most important.” Being curious about one’s values is an excellent first step when deciding where to allocate resources and direct giving.

Some questions to consider when beginning to explore how to move your values into action could include:

• What issues concern you the most?
• What are community members experiencing that you would like to see change?
• Has there been an issue you have overcome that you would like to help others with or give back to?
• What legacy do you want to leave?

These questions help narrow in on a focus area or issue, making the exploration more digestible. One way to connect values to giving is to give back to organizations or causes that have supported individuals in overcoming adversity or on their personal growth journey.

Once values and interests have been identified, the next step can be to explore how to implement them. Financial support is one avenue, but volunteering, serving on boards, or offering expertise to organizations are valid and meaningful ways to engage.

Often, individuals start engaging in one way and, over time, grow in their connection, offering different resources as they see progress and opportunities for a more profound impact. Connecting with a community foundation or other professional advisors can also support those who desire guidance to begin or deepen their philanthropic endeavors.

Giving any resource is personal; there is no wrong way to start exploring and engaging. As with any activity, there will likely be changes and shifts over time, but when giving is connected to values, it will inevitably feel more meaningful and less daunting. It has the potential to change not only organizations but also the giver profoundly.

Allison Alexander is the director strategic partnerships and communication at Aspen Community Foundation. ACF, with the support of its donors, works with a number of non-profits in the Roaring Fork and Colorado River valleys. Throughout the year, we will work to highlight non-profits in the region.