SITAWI believes neither the government nor the market can solve every social and environmental issue alone, and that an engaged, independent, organized and developed civil society is, therefore, essential for the process of change.
This requires funding. This requires donations.
The philanthropic culture is precisely the set of values and practices that guide donations in a country.
Thus, the best philanthropic practices go beyond occasional giving or personal bonds with specific causes, and include the deliberate use of the resources at one’s disposal to promote a better world.
Given the limitations of purely rational or simply emotional approaches, SITAWI has developed its own vision of philanthropy:
Becoming an effective donor – especially in case of high net-worth individuals and families – requires the construction of a philanthropic vision that directs the allocation of resources with the donor’s own preferences and restrictions in mind.
With such a vision thus established, philanthropy should not be perceived as a sporadic activity, but rather as part of individuals’ and families’ financial planning It should be perceived as a comprehensive plan regarding the use of funds, which includes investments, expenditures, and donations.As a consequence of planning and understanding that the impact donors wish to see in the world is rarely restricted to a single organization or cause, a donation portfolio should value a balance in approaches and a diversity of supported organizations.
As a consequence of planning and understanding that the impact donors wish to see in the world is rarely restricted to a single organization or cause, a donation portfolio should value a balance in approaches and a diversity of supported organizations.
Therefore, the different approaches found in the social sector – building capacity, infrastructure construction and drives for change – should be integrated into individuals’ and families’ philanthropic portfolio.
The challenge of philanthropy is not the battle between head and heart, but rather the creation of a harmonious partnership between the two.
Count on us to plan your donations!