May 7, 2024

Bucks Blog: How Focused Is Your Charitable Giving?

In this weekend’s Wealth Matters column, Paul Sullivan tells the story of Leonard A. Lauder’s commitment to breast cancer research and uses it to make the case for focusing your philanthropy on just a few causes.

Bigger contributions, after all, can have a bigger impact. And smaller contributions can be a hassle administratively for some organizations to collect, deposit, acknowledge and track.

Do you tend to spread your charitable giving among a long list of causes? Or are you more focused, like Mr. Lauder?

Article source: http://bucks.blogs.nytimes.com/2012/12/21/how-focused-is-your-charitable-giving/?partner=rss&emc=rss