Worksheet: Budgeting for Your Philanthropy
We often hear donors ask, “How do you decide how much to budget for your philanthropy?” The answer is that it’s different for each person — and, beyond the tax benefit rationale, is usually deeply personal, depending greatly on your values and why you want to give. The figure typically deduces more from feelings than formula.
As you consider your motivations, circle the statements1 below if any apply to you or describe why you want to be philanthropic. The worksheet: Determining Your Philanthropic Approach may help you further reflect on your “why”.Part of a collection of papers written for Goldman Sachs Philanthropy Fund.