There are many good reasons to give, but at their core is a desire and perhaps also a moral obligation to help others. Why?
Because lives depend on it
“There are 7 billion people in this world, and a significant number are living in poverty and suffering. By donating a minimal amount of your income or time, you can help reduce suffering. It’s that simple.” – Christopher George, REG Ambassador
More than 700 million people live in extreme poverty. This means they live on less than $1.90 USD per day and struggle to meet the costs of our most basic needs such as food, water, shelter and clothing. Looking beyond the experiences of fellow humans, each year an estimated 70 billion land animals and between 37 to 120 billion fish are farmed and slaughtered for food. These animals experience intense suffering during their lives and needlessly cruel deaths. Into the far future, emerging technologies such as artificial intelligence have the potential to improve our lives, but they could also be the cause of catastrophic levels of suffering.
Meanwhile, we are extremely privileged to be free from the daily struggle to survive. We live in societies where our basic needs are met; we have access to services such as sanitation, education, and healthcare; and we are, for the most part, subject to good governance. When we consider this it seems obvious that if we have more than we need we should give to those who don’t.
Because your donation makes a difference
“You don’t notice the little bit of money that’s not there, but it’s really good for the organization and the world. It’s an easy thing to do that’s great.” – Cate Hall, REG Ambassador
We have tremendous opportunities to help others. Evidence-based estimates suggest that a $7500 donation to the Against Malaria Foundation can prevent a malaria-related death whilst a $1000 donation to Mercy for Animals can spare hundreds or thousands of animals from immense suffering on factory farms. These charities focus on causes that are considerably more effective than others which means your donation has a real and lasting impact. Through effective charities, we can save lives, reduce suffering, and improve well-being. It’s up to us to seize these opportunities and make the most of our chances to do good.
Because giving is a selfless act that gives back
“The amount I’m donating doesn’t have a significant impact on my life by any means, but knowing it can save other lives makes it a no-brainer.” – Martin Jacobson, Poker World Champion & REG Ambassador
Giving to charity is a critical component in improving your happiness and wellbeing. Numerous studies have shown that spending money to help others has positive psychological effects. In fact, a study conducted by researchers at the University of British Columbia and Harvard Business School found that “spending money on others promotes happiness more than spending money on oneself.” You can’t buy happiness, but you can increase it by spending your money right.
Giving is one of the kindest things you can do for yourself and for those less fortunate. At REG, our focus is on providing the tools and knowledge you need to give to the most effective charities. We make sure your money matters.