How to Pick the Right Philanthropic Cause for Your Business

“Nothing great was ever achieved without enthusiasm”

These are the words of Ralph Waldo Emerson, an American essayist, lecturer, and poet. He is also the father of the Transcendentalist movement, a movement against the pressures of society and institutions. Emerson was advocating individualism, something that’s become an integral part of Western culture.

What Emerson calls “enthusiasm” is what we today call passion – that incredibly strong internal drive that makes you go through hoops to pursue and achieve what you feel passionate about. Indeed passion is the fuel to every success, whether personal or professional. It makes you overcome any setbacks and failures and go forward.

It’s no surprise then that when it comes to philanthropy, passion is just as crucial an element to succeeding in your endeavours. That being said, the first prerequisite to what we’ll call “the right philanthropic cause” for the purposes of this article (as clearly no cause is inherently right or wrong) is that you as a business owner feel passionate about it.

Now, that’s easier said than done as the truth of the matter is, very few of us know what causes we feel an emotional connection to and thus passionate about. You need to do some soul searching and thinking to figure that out. Passion is hard to identify and if you feel stuck and unable to determine what cause you might feel connected to, think about the following: experiences in your life that had an impact on you or what causes that you have contributed to (money or otherwise) in the past have made you feel extremely happy and excited.

The secret lies in that emotional connection without which you would never be truly dedicated to whatever social engagement initiative or cause you take on. If soul searching doesn’t seem to help you decide where your passion lies philanthropic wise, you might want to look into one of the below suggestions as a starting point and inspiration:

Employees

Teamwork in action: Engaging employees in choosing causes fosters connection, buy-in, and meaningful impact.

Ask your employees. No matter how small or large your organisation, surely at least some of your employees would have a good idea as to what causes are out there and what causes they feel passionate about. With their ideas in front of you, you might find that you relate to one or another. Hopefully, you would relate to what the majority of your employees care about, as an internal buy-in from your workforce is often crucial to giving 100% of you as a business to whatever cause you decide to choose.

Your Business

Think about your business – what is it that you do? Are you a retailer, a manufacturer, a service company, or a team of professionals? When you started the company, it was likely because you had the expertise or resources to succeed. Even better, perhaps you wanted to help a specific group of individuals or businesses. Think about who else, is in need, who might make great use of what you have to offer – whether a service or a product.

Your Mission

As a business consultant, I work across various industries and with companies of all sizes. Not all businesses have a mission or vision statement. Even when they do, many don’t actively adhere to it. However, if you do happen to have one of those statements and you live by them as a company, then look into them as a source of inspiration. Where does your business stand in your community, in society, or even in the world? What is your company’s bigger purpose? Out of aspiration to help whom or to what problem did you start to solve in the first place? Answering these questions could lead you to the right philanthropic cause for you as a business.

Local Non-Profits

Exploring local non-profits can help you understand their impact, but it’s crucial to find an organization that aligns with your values and passions.

You will be checking out the local non-profits and what problems they are trying to solve. I’m not suggesting that you partner with any of them. Nor am I advising you to donate money to one of them. Let me make that clear. There mightn’t be an organisation in your area that is dedicated to what you feel passionate about or there might not be one that you trust. And engaging with one out of convenience is a poor choice.

In conclusion, I can’t stress this enough: the most important element of “the right cause” is that it feels like a personal mission. Whether it’s a philanthropic idea from employees, friends, or family, it should resonate deeply with you. It’s this personal connection that will drive your commitment. You must relate to it, otherwise you won’t be passionate about it and dedicated to it. And it is your dedication and passion that translates into results. You can’t expect your employees to care about it and your customers to be excited about it if you aren’t crazy about it. Tying your philanthropic cause to your business and its model is crucial. However, passion is the key reason to engage in any cause. Let your genuine enthusiasm drive your efforts. And passion is contagious – don’t forget that.