People want to make a positive difference in the world, but it’s not an easy thing to do. When we give our time and treasure, we want to ensure our efforts are not in vain. One of the great things about becoming a more data-based society is that we are more results-oriented, even when it comes to charitable giving.

In short: we want to get the most bang for our buck. But then, where should it go? Does giving locally provide the best return on your dollar? Or is it better to give internationally?

According to the annual report of philanthropy provided by Giving USA, individual donors made up 72% of the $320 billion contributed to charity in 2016. People are making a difference, but they want to make sure they’re making the biggest difference possible. So, should they focus their efforts here or abroad?

Give Locally

The beauty of giving locally is that you can see the impact right in front of you. Creating initiatives in your own community allows you to be more actively involved in the process. While you might have some idea what people in another nation need, you probably have a much better idea of what people in your neighborhood need.

It also helps build a community. Consider the impact of Soup Kitchens. By people donating their time (in addition to their food), they get to sit and eat with the people that they’re helping. This builds communities. Communities help create stronger, healthier individuals.  

What you receive

While an essential part of giving is the impact you can on others, it can also have an impact on your own life. Here are some reasons why you should give locally:

• You’ll know exactly where your money is going. No need to wonder how your money’s being used when you can see firsthand the impact being made on a daily basis.
• By investing locally, you’re aiding in the employment of others. More business creates more opportunities for others in your area.
• You’re forming bonds with the people in your neighborhood. Businesses depend on customer relationships as much as they do on their contributions.

Give Globally

The most recent report of philanthropy provided by Giving USA showed that only 6% of donations in 2016 went to international charities. It’s still an increase compared to previous years, but there seems to be a lack of incentive for individuals to contribute globally.

While natural disasters inspire people to donate, other epidemic tragedies are often overlooked, especially in countries less developed than the US.

When you compare the cost of living in the US to less developed countries like Cambodia, you’ll find that consumers in the US have a significantly higher cost of living. The $13 spent on lunch can buy the equivalent of six meals for someone living in Cambodia.

According to Time: “It costs $150 to provide home-based health care to poor families in rural India. To help just one newborn, it’s $7.”

When you give your dollar to someone less fortunate on the other side of the world, that dollar can do more for them than it will for you.

Make an impact

The debate of whether your money is better put to use locally or globally is one that ultimately depends on you. The benefit of giving globally is being able to help another who’s in greater need than those around you. What may cause you hesitation there is wanting to prioritize those in need closest to you before considering giving on a global scale.

On the other hand, the most attractive quality about giving locally is being able to see how your contribution allows your environment to flourish. The downside there is the higher chance of having your investment taken away due to lack of participation additional resources.

It’s always a good choice to use your money for a better cause. It’s even better to inspire others to do the same. Whether you choose to donate globally or locally, make a choice and act on it. You can make a case for either being better, but either one is better than nothing.