What is philanthopy? Why & how to give?

Philanthropy is the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.

Laura Arrillaga-Andreessen in her class Giving 2.0 from Standford University, recommends using the R.A.D.A.R road map to strategically and carefully invest your money when foundations are soliciting you as a potential donor.

1. Reflect : why you give

2. Assess : to who you give

3. Decide : final choice

4. Act : how you give (portfolio of philanthropic resources like planned giving)

5. Refine : evaluate the ROI of your gifts

Laura Arrillaga-Andreessen is the Founder and President of the Laura ArrillagaAndreessen Foundation (LAAF). At its core, LAAF is a philanthropy education organization — creating and providing free, high-quality, online resources and programs to help all givers, no matter where they are, make higher impact gifts with whatever they have to give.