What is Main Street Philanthropy?

Main Street

Philanthropy

“The Challenge”

Background:

Most folks are confused by the idea of philanthropy.  There’s a perception that it is only for the ultra-wealthy, and primarily for the purpose of impacting charitable organizations.  However, experience has revealed that there is tremendous benefit and improvement in the lives of those responsible for the giving as well as a positive influence on the individuals or organizations that are being benefited by donations.  The dollar amount of a gift is far less important than the process leading up to, and actual act of giving. 

What is “The Challenge”?

The Main Street Philanthropy Challenge is a six week program that brings the lessons learned through philanthropy from the ultra wealthy to the students and families of

Main Street

.  Working in groups of three to five, participants will:

·        Identify personal values, issues and social concerns where they would like to see change. 

·        Research Non-Profit Organizations that share their values and are addressing the areas in which they would like to see change. 

·        Agree as a group on two to five organizations that they would like to research over the next several weeks of the program. 

·        Perform both Qualitative Analysis (through volunteering and individual interviews) and Quantitative Analysis (through a review of the IRS Form 990).  

·        As a group, they will agree on how to distribute the funds from their Main Street Philanthropy Fund, which has been provided by generous donors. 

In addition, students will be provided with classroom education on various aspects of the non-profit/philanthropic world, including organizing and working with volunteers, the importance of philanthropy to solve social issues, and lessons in financial literacy in making wise investment decisions. 

Who will participate?

Participants can be from existing groups, associations, school classes, or private families.  Although groups typically consist of three to five individuals, the program works well with multiple groups working simultaneously.  Ages can range from school age kids, (12 or 13) and up; nearly anyone can benefit from the program, and the depth of education materials can be adjusted based on skill set and experience. 

What will they gain?

The program was designed based on developing skills in areas that have proven to be problematic in individuals’ and families’ abilities to protect and grow wealth.  Participants in the Main Street Philanthropy Challenge will benefit in several unique ways: increased trust and communication among participants, expansion of preparedness and understanding of financial concepts, an appreciation for the need and purpose of philanthropy in our society, and for many, increased self-esteem and confidence by being on the giving side of philanthropy.