Canadians planning to donate this holiday season are being urged to get "strategic" about their charitable giving

/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 11/24/15 -- This holiday season about 60% of Canadian adults are expected to donate approximately $5 billion between now and the end of the year, according to Imagine Canada.

This annual tide of generosity is essential to thousands of charities and the communities they serve. According to Statistics Canada, Canadians give just under $13 billion annually to charities and nonprofits, meaning that approximately 40% of all donations take place in the last six weeks of the year.

Statistics Canada identifies "compassion for those in need" as the top reason Canadians donate (89%), followed by "personally believe in a cause" (85%) and "contribute to our communities" (79%). Six-in-ten (61%) are motivated by being personally affected by the cause.

These motivations underscore the holiday season's importance as an opportunity for caring individuals to strengthen their communities in ways that are important to them.

"Holiday giving is crucial to strengthening our social fabric," says Bruce MacDonald, president and CEO of Imagine Canada. "By taking a more strategic approach to giving, people can make their gift more meaningful and enhance the satisfaction that comes from making a highly personalized contribution to helping others and transforming communities."

Here are Imagine Canada's top five suggested strategies for holiday giving:

1.  Align your gift with your passion: When making a donation, consider the
    sort of world you want to build. Ally yourself with charitable
    organizations that reflect your ideals and invest in the future you want
    to see unfold. Charities welcome dialogue, so connect and communicate.
    Even better, volunteer.

2.  Model giving for your children, peers: nothing builds a child or
    teenager's character like helping people in need. By engaging your
    children and even peers in your philanthropic activities and priorities,
    you pay forward the spirit of giving and generate long-term momentum for
    support of charities. Research shows clearly that many people give
    because philanthropy was modelled for them by their parents. Inspiring
    young people to give back is fundamental to building strong, caring
    communities.

3.  Focus on impact, not overhead: Be flexible about donation amounts:
    Research shows that donations have been generally flat for the past five
    years. This is a serious challenge because costs facing charities
    continue to grow. People begin supporting charities in their youth even
    if they don't have a lot of resources, but their giving often does not
    to grow along with their income. Part of a sound giving strategy is
    being flexible about the size of your gift and basing the amount on what
    you can afford.

5.  Leadership matters: A charity's success is always linked to how well it
    is led and managed. Strong leadership, efficient administration and good
    governance are key qualities to look for when evaluating a charity. One
    important sign of sound management is accreditation by a third party.
    Some are eligible for accreditation for a specific type of work, such as
    health care, but all charities can be accredited through Imagine
    Canada's Standards Program. This initiative involves rigorous peer
    review of board governance, financial accountability and transparency,
    fundraising, staff management and volunteer involvement. Although the
    program is relatively new, 160 charities display this program's
    Trustmark and many more are going through the process.

Visit imaginecanada.ca for a complete listing of accredited charities along with a comprehensive Guide to Giving to help with charitable decision making.

About Imagine Canada

Imagine Canada is a national charitable organization whose cause is Canada's charities and nonprofits. Our three broad goals are to strengthen the sector's collective voice, create opportunities to connect and learn from each other and build the sector's capacity to succeed.

imaginecanada.ca - Twitter: @ImagineCanada - Facebook: facebook.com/ImagineCanada

Contacts:
Leslie Booth (English Media)
Senior Consultant, Xposure PR
905.339.2209 ext. 6
leslie@xposurepr.com

Sophie Allard (médias francophones)
514 499-3030, poste 771
sa@ahcom.ca

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