Between Black Friday and Cyber Monday, there is one day each year that is dedicated to selflessness. GivingTuesday, which this year is November 30 this year, is an opportunity to express your generosity right at the start of the holiday season. If you are thinking about participating in GivingTuesday 2021, find out about the intangible and tangible gifts you could receive in return.
What Exactly is GivingTuesday?
GivingTuesday started in 2012 right here in New York City. It is a day devoted to encouraging people to perform acts of generosity. Over the last decade, it has become a global movement that inspires millions of people around the world to give, collaborate, and celebrate generosity. On the day after Cyber Monday, individuals from all walks of life join together to make contributions of money, time, or goods to the organizations they love the most.
3 Reasons to Participate in Giving Tuesday 2021
1) Brings Joy to You and Others
According to Harvard University, money spent on others can actually buy happiness. Some studies suggest that people become happier when they spend money on others rather than themselves. Whether it’s picking up a dinner tab or contributing to a charitable cause, acting in a selfless manner has been shown to bring joy to the generous soul.
2) Sets an Example to Family and Friends
By participating in GivingTuesday 2021, you could become a source of inspiration to loved ones this holiday season. Your generous gift-giving may spur others into action, creating a snowball effect.
If you have children, a social media holiday (like GivingTuesday) can be a springboard to teaching invaluable life lessons. Or, if you choose to join this global movement with friends or co-workers, it can become a unique bonding experience that strengthens your relationships.
3) Added Financial Benefits
Giving money away during the year can actually put more money back in your pocket come tax time.
According to NerdWallet, “for the 2021 tax year, you can deduct up to $300 of cash donations per person without having to itemize, meaning a married couple filing jointly could deduct up to $600 of donations without having to itemize.”
As the tax year comes to a close, GivingTuesday is a perfect opportunity to make charitable contributions if you haven’t already.
Your Generosity is More Impactful than Ever Today
As we all look forward to the blessings of the holiday season, it’s not only important to be grateful but to recognize that not everyone may be as fortunate. EAC Network, a not-for-profit social services agency serving Greater New York, has more than 100 programs and services that directly assist at-risk children, youth, adults, and seniors living within our communities.
Consider making a donation to EAC Network on Giving Tuesday 2021.
