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#Philanthropy — 30.11.2016

Starting Out in Philanthropy? 6 Steps to Follow

Nathalie Sauvanet

Whilst every philanthropic journey is different, careful planning and thought before any action is key to effective philanthropy. We outline below the different stages involved.

Philanthropic motivations are diverse and your decision to embark upon a philanthropic adventure will be inherently personal. Your values and motivations are a good place to start when thinking about where to go and will ultimately influence your overall strategy and activity.

Careful planning and thought before any action is key to effective philanthropy. This enables you to carefully determine your objectives and strategy as well as identify your expectations. Whilst this may require effort, it will limit disappointment and frustration down the line. Nevertheless, your philanthropic action could and should evolve over time: don’t be afraid to make mistakes, try new things and adjust your course based on the lessons you have learnt.