Philanthropy is a major part of wealth management and one of the major reasons why entrepreneurs like Nicholas Kyriacopoulos from Montreal strive to earn the money they have. The ability to give back to the community is a meaningful incentive to become engaged in the business world. Many people like to keep their money local: here is an overview for Toronto residents of charities that they can find in their area.
Youth and Education
While it may be financially impossible to donate to every charity in Toronto, philanthropists like Nick Kyriacopoulos choose areas of focus and concentrate on those. Children’s charities and educational institutions can always benefit from donations. Organizations like Harmony Movement combat bias and strive for inclusion in all of Canada’s schools, while institutions like the Toronto School of Theology and the Toronto Heschel School allow you to support schools with educational philosophies that appeal to you. For higher education, the UTS Alumni Association allows you to support those in search of college degrees. Other youth-focused charities that are not exclusively about education include beneficial organizations like the Toronto Kiwanis Boys & Girls Clubs.
Health and Wellness
Many people struggle with medical problems, it can be a great help to financially contribute to breakthroughs in the fight against many serious diseases. Cancer is a major killer across every population, and there are plenty of Toronto charities to help fight it. These include the Canadian Cancer Society and After Breast Cancer. Charities that don’t fight cancer, but which are also just as important as those that do, include the Canadian Hearing Society, Food Allergy Canada, and the Ostomy Toronto Corporation.
The world faces an environmental crisis like never before, and philanthropy can enable charities to make an impact on the future. Nonprofit organizations like Earth Day Canada, Forests Ontario, Swim Drink Fish Canada, and the Nature Conservancy of Canada all contribute to environmental causes. Each of these organizations provides people, resources, and research to help solve the ongoing problems of climate change, deforestation, and other natural dangers.
Our furry and not-so-furry friends often run into times of need as well, and many people strive to use their generosity to make sure that no pets or animals suffer unnecessarily. Toronto pet-related charities include some that are breed-specific, such as the Basset Hound Rescue of Ontario or the Canadian Chihuahua Rescue and Transport. There are also general charities that focus on the wellbeing of all pets or animals as a whole, such as Peace Fur Paws, Inc., Pets in Danger, and the Toronto Cat Rescue. All of these charities make a worthy target for philanthropy.
This listing only scratches the surface of potential philanthropy options in the Toronto area. With hundreds of charities and causes to give to, a little research into your personal values can allow you to influence an area of humanity that will help make the world a better place. This is the reason why entrepreneurs like Nicholas Kyriacopoulos do what they do; it allows them to use their wealth to spread support and joy for everybody.