Savvy Donors Budget their Annual Giving
Budgets bring big benefits
Setting a charitable giving budget makes you think about what portion of your current income and/or net worth you are comfortable donating to charity. We’ve included a simple budget template below.
- If you already have a budget for your overall spending, be sure to specify a portion for giving to charity.
- Charitable giving budgets help families communicate, and set and meet expectations.
- Having the budget also lets you respond to unwanted requests by truthfully saying something like: “Sorry, I’m not in a position to donate to this – it’s just not in my [family’s] donation budget.”
We’ve attached free simple budget template for you.
Savvy Donors budget their annual giving.