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World Water DayYesterday was World Water Day and I spent it working with clients on two water projects, one locally based and one that has an international mandate.

 

Through the Place2Give #YMMFireFund donations earmarked for the Red Cross were applied to the small business rebuilding program.  Below is an update on the use of proceeds.

 

Small Businesses Receive Second Phase of Financial Assistance after the Alberta Wildfires

Fort McMurray, Alta., Feb. 22, 2017 – More than 1,600 eligible small businesses are receiving financial assistance after the second phase of the Canadian Red Cross Support to Small Business Program.

In previous posts I have talked about looking at your charitable giving from the perspective of a portfolio. A diversified a number of organizations within a “narrow giving theme” (i.e. access to water) allows you to see the impact of your donations through quantitative and qualitative analysis, with limited or no cross-pollination of information between the agencies.  It also allows you to compare your funding results with other funders for donation performance (similar to how one would compare mutual funds).