Showing posts with label philanthropy. Show all posts
Showing posts with label philanthropy. Show all posts

Wednesday, 12 August 2009

It's The Little Things That Make A Difference

In an interview with NPR in the US, George Soros was asked why he had made his recent decision to donate $35 million to the state of New York, for the purpose of helping low income families with schooling costs.

Part of his motivation was to enable the release of a further $135 million in federal funding, which required the state to put up matching funds to release it. George's Foundation to Promote Open Society stepped in to give the state the money, which it could not afford.

Soros stated that "philanthropy has been badly hit by the financial crisis and so the usual donors actually are cutting back. I feel that people who can afford it should step up to the plate and actually increase their philanthropic donations."

And what actually inspired him to make this particular donation? Whilst studying at the London School of Economics, he struggled financially, and was having to work as a waiter at nights to make ends meet. When his tutor found out, concerned at the possible impact on his studies, she informed the local Quakers about his circumstances, and they sent him a cheque for £40 (not as small a sum as it sounds at that time) to enable him to continue. George Soros still remembers how touched he was by that, and that inspired his latest philanthropy.

It seems to me that there is a lesson in this for all of us. We are often discouraged from taking action to help others by the small resources we have, and the seemingly insurmountable problems that are faced. Yet a small action, such as helping a struggling student with a little money, can have a major impact on that person's life, and later affect the lives of so many others. This is a practical example of the so-called "butterfly effect", where the image is given of the beat of the butterfly's wings causing a turbulent flow that results in the start of a hurricane. Whatever we think of the analogy, it is true that seemingly small and insignificant acts can have unforeseen consequences, beyond our immediate comprehension or intention.

The cynical in this world will often tell us how misguided our good intentions are, how we are wasting our time, as the difference we as individuals can make are too insignificant. It is true that often our efforts will be doomed to fail, or will make too little difference to effect change. It is also true, however, that working together, our small efforts start to aggregate and have a better chance of success in effecting meaningful change. The one sure thing is that if we make no effort then there will certainly be very little chance of change.