Professionals have looked into the reasons why many people donate, and their motives behind this. A lot of people are conscious they should donate to the causes that have the greatest impact. Studies have found that businessmen are more receptive to campaigns that feature just one identifiable beneficiary than they are to statistical information. The good news concerning altruistic giving is that it is contagious, watching others give money or set up a foundation makes individuals more inclined to donate or do something truly meaningful. Foundations don’t just let businesspeople to give something back, but it encourages them to use their entrepreneurial eye for permanent sustainability. The common idea is to invest in projects so that they can ultimately finance themselves in the long run. You really should have genuine passion for what you are working on, because if you get pleasure from what you’re doing then in most cases positive results will follow. We have seen quite a few renowned businessmen who have set up their own charitable foundations to give back to those in need, and raise greater consciousness, see below for more inspiration, and examples of great entrepeneurs.
It is difficult for start-ups to acquire access to the help they need, having said that powerful entrepreneur, Paul Barry-Walsh has transformed this for many companies being able to help turn hopes and dreams into actuality. Not too long ago, he set up a foundation which will help and really encourage others to manage their own company. He has just recently received an award for providing opportunities to others, not simply by writing out a big cheque for those not able to secure financial support from the bank, but by providing the required practical knowledge, and applying his skills to promote enterprise.
Businessman Wafic Said launched an English charity in memory of his son. It was founded several years ago, and provides a scholarship programme for gifted young Syrians, Lebanese, Palestinians and Jordanians to study in the UK. It has really helped a whole bunch of young people from various other countries to obtain the necessary sought-after educational competencies that will benefit their native country. The Foundation has developed since its birth date, and as of recently, it has long been providing assistance for firms that are raising awareness, and providing services for disabled children.
Hospices depend heavily on the assistance of grant makers in order to raise a targeted amount of money annually to help people live each moment for the little time they have left to live their lives. Managing Director of one of the most popular independently owned publishing house in the United Kingdom, Ernest Hecht set up his own foundation to promote the work of UK certified charities by awarding grants that encourage the advancement of the arts, sport and education. Through his leadership, and vision, and whilst making a tremendous contribution, the foundation is making a huge difference through their support of voluntary organisations, and causes.