Plan before you give. Create a working budget. I use annual and multi-year spending targets to answer three questions: (1) How much do I want to grant? (2) How much am I giving to any one organization or initiative? (3) For this time period, how close am I to meeting the target? By embracing this mindset, I hold myself accountable to spend my charitable dollars, as well as set priorities and weigh the tradeoffs of new opportunities.
Pick a few causes to support. To achieve impact, I have found a clear, narrow focus works better than spreading my money across multiple issues and topics….