Your Family’s Philanthropic Mindset

If you have a strong desire to positively impact the world, you’re not alone. Many people are inspired by the idea of giving back to their community and making a difference in the lives of others. This is where having a philanthropic mindset comes into play. An overwhelming majority of Americans have contributed to charitable causes in their life. A recent survey by YouGov America showed that 69% percent of Americans overall expressed involvement with philanthropic organizations; a tremendous show of support for those less fortunate or in need. Numbers continued to increase among different age groups – from 50% under 30 years old up to 85% for those over 65.

While many think about charitable giving in terms of monetary donations, giving your time, energy, and resources to make a difference in the world can have just as constructive of a bearing. With a philanthropic mindset, you and your family can become part of a larger community of people dedicated to creating a better world for all. Having a generous attitude is not just about giving back to your community. It’s also about creating a helpful impression in the world and inspiring others to do the same. This mentality is characterized by compassion, generosity, and a desire to help others. At Treehouse, we see this as part of developing personal growth and as essential to the health of your community.

When your family has shared experiences through charitable efforts, it can strengthen your family bonds and develop charitable intent around what is most important to you. Whether volunteering at a local food bank, supporting a charity, or participating in community events, together you can work toward a common goal and create a sense of belonging. By teaching your children the importance of giving, you’ll instill in them a desire to make an optimistic influence in the world and encourage them to continue your legacy of giving for generations to come. This also gives your entire family the confidence to create a constructive effect. By volunteering, donating, and supporting local causes, you can make a difference in the lives of those around you and inspire others to do the same. Your family members can also experience a new perspective on life and develop a more profound sense of purpose.

Below, we explore some ways that you can instill this mindset in your family.

Every year, millions of Americans show up to make a remarkable difference in their communities. An estimated 63 million people – nearly one-fourth of the adult population – dedicate their time and talents selflessly to causes they deeply care about.
One way to get your family involved in your philanthropic efforts is to start a family giving focus. For example, your family could set aside a portion of your income to donate to a charity that is important to your entire family. Then throughout the year Include opportunities for your family to donate time to this same effort.

Involving your family in small acts of kindness, like volunteering at a local food bank or helping a neighbor in need can teach your children the value of giving: As your children get older, encourage them to get involved in causes that are important to them and have them think about how they can use their skills and resources to make a helpful influence in the world around them.

Get busy in your immediate community by volunteering at a school, supporting a local charity, or participating in community events. With 30% of all donations and volunteering happening around the holiday season, there are plenty of opportunities to lead by example throughout the rest of the year which in turn can cultivate a philanthropic mindset in your family in everyday life. Show your children the importance of giving by being an active and engaged community member. Demonstrate your commitment to positively touch the world and encourage your family to join you in your efforts.

By incorporating these ideas into your family’s life, you can instill a philanthropic mindset that will last for generations. You’ll create a legacy of giving that will inspire others and impact the world for years to come. This shared experience and purpose strengthen your family bonds, teach essential values to your children, create an encouraging influence in your community, and foster personal growth. So, embrace the power of philanthropy and make a difference in the world today.

At Treehouse Wealth, we know that money is not the end game but rather the channel that enables purpose and passion. Our goal is to create pathways that enable our clients to lead their unique & “personal best” life with confidence. We’re excited to share your life’s journey and play a role that defies your expectations while supporting your life’s pursuits.