As COVID-19 continues to shape our lives and our future, many Americans give thanks and give back to others less fortunate during this pandemic. Some have had personal experiences that lead them to ease others’ financial stresses by providing directly or through other institutions. Donors are giving to resolve the inequities in our society that others are facing during this time.
According to a report by Indiana University’s Women’s Philanthropy Institute, COVID-19 has prompted Americans to give generously, especially during this time of crisis:
Still, others want to provide ongoing philanthropic support to charities to help make the world a better place through socially responsible investing. To be considered socially responsible, the investment must also be sustainable over time, profitable for investors, and the companies represented continue to exist. The main goals of socially responsible investments are to make a social impact and make a profit. Socially responsible and sustainable investing is expecting to soar in 2020 and 2021 due to COVID-19.
Giving and helping will connect you to others, is beneficial for your mind and body, and brings fulfillment to your life, something we can all be thankful for.
For financial professional use only. Not for use with the general public. Before any decisions are made regarding your client’s financial situation, your client’s individual circumstances and objectives should be discussed. There are many factors to consider. The sources used to prepare this material are believed to be true, accurate and reliable, but are not guaranteed.
Hyde Group Wealth Management & Insurance Solutions is the culmination of over 20 years in the financial services and insurance industry. We understand there is not a one size fits all strategy. For this reason, we take a comprehensive approach to holistic insurance and financial services planning. We tailor our solutions to the specific and unique needs of each individual, family, or business. Our goal is to put clients first, and take care of them as we would our own family. Contact us today to get started.