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Charitable organisations have risen to the challenge of the pandemic by providing vital support to those affected, whether emotionally or materially through loss of jobs, having a place to stay or by providing food and clothing.
Interestingly, at the same time demands on charities rose sharply, so did households savings and confidence plummeted, denying them valuable donations.
During the pandemic, household saving in Australia, according to Treasury grew to more than $100 billion in the 12months to end of November in 2020.
Giving to charities has more than monetary benefits. Donating doesn’t just benefit the charity or organisation but can be rewarding for you too. Australians donate millions collectively every year to charities that support causes they believe in.
Here are five reasons why donating to charities is so gratifying.
Makes you happier
Giving to charities – whether monetary or donated goods is a mood booster. Helping those in need can make you feel more content and fulfilled. Research has shown that there is a link between making a donation to charity and feeling joy.
Strengthens personal values
Social Conscience is a widely given reason on why people donate to charities. When questioned, many individuals stated that they felt a moral duty to help others when they can. These personal values and principles were commonly found amongst individuals.
Introduces your children to the importance of generosity
Educating your children about donating teaches them about the importance of helping others. Sharing this experience from a young age can be valuable. It shows that they can make a positive impact in the world and that no amount of help is too small. Encouraging children to be generous can strengthen their attitudes towards helping others.
Inspires those around you to take part
Your actions can encourage those around you to take part and donate to charities too. Family giving strengthens relationships through a shared goal and raises more money collectively. Working with family and friends can increase the positive impact.
Donating to charities can help lower your taxable income. Click here for more information on tax deductions for donations.
If this has inspired you to donate, we have a give now page. We appreciate every donation as it is put towards providing access to quality health care for those in our community.
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