This Is Why It Pays to Be Charitable Year Round

Learn the benefits—both tangible and intangible—of charitable giving for businesses

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By Arash Homampour

As the holiday season approaches, many business owners are thinking about scheduling parties, buying gifts for key customers, and calculating employee bonuses. But now is also the perfect time to think about charitable giving. Year-end gifts are not only important for the recipients, but they can also be extremely beneficial for the companies that make them.

But charitable giving shouldn’t be restricted to the holidays. Nonprofits and other charities are always looking for funding to help them accomplish their goals. Giving to these organizations throughout the year is not only a good thing to do, but it can also deliver big benefits to your business.

Give Back

Those who are successful in business have a fundamental obligation to give back and share the wealth. Rich people who believe themselves to be better than others, who only hoard and consume, invariably live sad lives. They miss out on the true joy and deeply human experience of helping and being of service to others.