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Maximizing Impact: The Art of Strategic Giving
Organizations often benefit more from skills and expertise than just financial donations. Leveraging personal skills, such as social media management or podcast production, can provide nonprofits with significant value that far exceeds monetary contributions. Additionally, delaying monetary gifts by investing through donor-advised funds allows for growth over time, enhancing the eventual impact of the contribution. Regular, small contributions to investment plans, like a 529 plan, can accumulate substantially, resulting in larger gifts when needed. This strategic approach emphasizes the importance of planning and the potential for small, consistent investments to create significant future benefits, proving that thoughtful and proactive giving can lead to a greater overall effect.