Give Til It Hurts

 

A bone to the dog is not charity. Charity is the bone shared with the dog, when you are just as hungry as the dog. 

-Jack London

Recently I have been engaged in working with a charitable organization… this organization provides a superior education to our children at a very reasonable cost but convincing people to give money has been an arduous task.

I think that many people feel that Charity is giving a few dollars to make themselves feel good, but real charity in my opinion is giving so much that you have to either sacrifice something or you have to worry and hope that more money will come your way in the future.

I’m often skeptical of the word “karma” but sometimes, just sometimes things come back on you two-fold and make you say “whoa”.

In the past 6 months the following events surrounding charity have happened to me:

  1. I donated a sizable amount of money to a charity, put in time and served on a few comittees. At the same time I was purchasing a new house. The new house was substantially more expensive and left me carrying two mortgages… two VERY BIG mortgages.Literally the day that we closed on our new home purchase, a random family out of the blue contacted us about our existing house (our existing house was not on the market). They had been looking for a home for over a year, drove by our house, fell in love with it and absolutely “had to have it”.

    We paid no brokers and walked away from what could have been a burdensome financial obligation. An amazingly random turn of events. 3 weeks later we closed on our old home at 10% over what we had paid for it only a year prior. In this market, many people would call that a f**king miracle!

  2. I agreed to donate $200,000  to the same charity… the following morning an extremely wealthy individual whom I had never met or corresponded with contacted me and offered me $300,000 for something that had cost me only a few dollars (a domain name) several years ago.Not only is the donation tax deductible, but the profits on the name are long term capital gains on intangible property which means we get to take advantage of the 15% tax rate on those profits.

    I am not foolish and have received many offers on this particular domain, so I took it. Truly an unbelievable turn of events.

In any case, I wrote this post in an attempt to inspire those who hoard their money and to encourage those people to GIVE money that they think they can not afford. If you’re reading this and wondering “is he talking about me?” then the answer is probably yes, especially if you or your children are part of the organization to which I am referring.I’ll end with this anonymous quote:
I’ve learned that money is a lousy way of keeping score. -Anonymous

Til later…
-Arlo