It is a widely known fact that charitable giving can help reduce the tax burden although it is only for the individuals who fall in the higher bracket of the taxpayers. But apart from that, there is more to it and it is for a person who is trying to get some tax benefits or someone with altruistic motives or a little bit of both.
When an individual strives to give or donate something like their valuable things, their money or even time, they end up getting back much more than they give. In terms of emotional, social, psychological, and financial benefits no matter what quantity or what ways there are always these Surprising Benefits of Charitable Giving and Donation and above them all. As Margaret Moran Cho who is an American stand-up comedian, actress, fashion designer, author, and singer-songwriter best known for her stand-up routines truly said that “Sometimes when we are generous in small, barely detectable ways, it can change someone else’s life forever.”
Along with helping and contributing towards bringing a positive change in the lives of many, comes many surprising benefits. So here are 5 Surprising Benefits of Charitable Giving and Donation.
Activate the Reward Center in Your Brain:
It is evident by a study conducted by a professor at the University of Oregon and his colleagues who tried to demonstrate what kind of response the brain creates on giving-charitable offerings. What they found was that the response created by the brain was similar to that of one created by taking drugs and such other stimuli as there was a surge of dopamine and endorphins which makes ones feel hedonic” or euphoric.
Reduce Rates of Stress:
It was recorded in an experiment conducted at Johns Hopkins University and the University of Tennessee that the people who indulge themselves in acts of charitable giving’s experienced reduced rates of stress as well as lower blood pressure rates in contrast to those who do not. This was likely due to the improved state of happiness which was induced due to the donations made by the volunteers.
Helps build a more egalitarian society:
When making donations to charitable trust it is wrong to think that it is going to contribute to the development of some specific individuals or only a group of people. The impact created by such donations is much greater than that. As it helps towards building a more Egalitarian society. When such donations are present in the form of opportunities to the people who otherwise could not have been able to afford various services such as healthcare or quality education. It will further their growth which in turn helps others to grow As well. This will bring about a wave of positive change in society.
Induce Civic Engagement:
When someone finds and starts to work, contribute and give for the cause they believe in, it did not take much longer for the people around them to get involved in the same way. For instance, there are thousands of Canadian charities and causes doing vital work across the country and around the world like WE Charity, which provides a holistic development model called WE Villages through their ME to WE social enterprise, and The Borgen Project, a nonprofit organization that aims to end poverty by working to make poverty a focus of U.S. foreign policy.
Looking at their known person contributing for a cause can be very much stimulating for others as well to help and contribute to the cause. This, in turn, attracts more volunteers and boost the overall strength and longevity of local organizations
Improve Key Measurements of Your Health:
People who volunteer score better on key measurements in overall health, such as resilience during physical activity and blood pressure levels, than people who do not. An article in Consumer Reports indicates that older adults who volunteer their time have improved cognitive function, increased walking speed, increased ability to climb stairs and decreased rates of television watching than people who do not volunteer. All of these indicators are linked to better health in elderly individuals.