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Challenges of Starting Your Own Philanthropy

So, you’ve decided to start your philanthropy? Congratulations. This is a big step and one that comes with a lot of challenges.

By Patrick ReedPublished 4 years ago 3 min read

It can be challenging to get your organization off the ground and make a difference. Although starting your philanthropy may seem like a daunting task, there are several steps you can take to make the process more manageable.

FUNDING

One of the biggest challenges you may face when starting your philanthropy is securing funding. It can be difficult to convince potential donors to give money to your organization, especially if it is new and relatively unknown. However, you can do a few things to increase your chances of getting funding.

  1. Make sure you have a well-developed business plan that outlines how you will use the funds.
  2. Try to identify potential donors who may be interested in your cause.
  3. Reach out to these individuals and explain why your organization is worthy of their support.

AWARENESS

Another challenge you may face is raising awareness for your philanthropy. It can be challenging to get people to pay attention to your organization, especially if it is new and if there are already existing organizations similar to yours. However, you can do a few things to increase awareness of your philanthropy.

  1. Make sure you have an active social media presence.
  2. Try to get involved in community events and activities.
  3. Reach out to local media outlets and see if they would be interested in doing a story on your organization.

TIME

Another challenge you may face when starting your philanthropy is finding the time to do everything that needs to be done. Running a charity can be a full-time job, and it is not always easy to balance this with other commitments. However, you can do a few things to make it easier.

  1. Try to delegate tasks to other people in your organization.
  2. Take advantage of technology and use tools like social media to help you with your work.
  3. Make sure you take breaks and allow yourself time to relax to avoid getting burned out.

CONCLUSION

Despite the challenges of starting your philanthropy, it can be an enriching experience. Not only will you be able to make a difference in the lives of those in need, but you will also gain a greater sense of satisfaction from your work. No matter what challenges you face when starting your philanthropy, remember that it is possible to overcome them with hard work and determination.

About Patrick Reed

Hailing from Houston, Texas, Patrick Reed is a professional golfer who plays on the PGA Tour and the European Tour. In his time as a PGA golfer, Reed has experienced significant success, becoming known as a force on the Tour. In August 2019, following a strong weekend of golf, Reed secured his 7th PGA Tour title by winning the 2019 Northern Trust at Liberty National Harbor Golf Club in New Jersey.

The success at Liberty National Harbor Golf Club came after Patrick Reed’s breakthrough year in 2018. While competing in the 2018 Masters Tournament in Augusta, Georgia, Reed displayed an exceptional performance throughout the course of the tournament. His high level of play would help Patrick Reed win his first Masters Tournament on April 8, 2018, helping him jump to number 11 in the world. Reed’s historic win would mark a notable shift in his professional career.

Before winning the Masters Tournament in 2018, Patrick Reed was already becoming known as a force to be reckoned with. In 2014, Reed won the WGC-Cadillac Championship, replacing Woods as the youngest-ever winner of a World Golf Championship. The victory at Trump National Doral marked Reed’s third PGA TOUR win in a seven-month span, including the 2013 Wyndham Championship and the 2014 Humana Challenge.

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About the Creator

Patrick Reed

Hailing from Houston, Texas, Patrick Reed is a professional golfer who plays on the PGA Tour and the European Tour.

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