Giving Tuesday: A Day of Global Generosity

Giving Tuesday, celebrated on the first Tuesday after Thanksgiving in the US, has become an international event dedicated to charitable giving and acts of kindness. Launched in 2012 by the 92nd Street Y in New York and the United Nations Foundation, this day was conceived as a counterpoint to the consumerism of Black Friday and Cyber Monday.

The idea behind Giving Tuesday was that after days of shopping and deals, people would be inspired to give back. Using the hashtag #GivingTuesday, the movement quickly went viral on social media, uniting people worldwide in the spirit of generosity.

Giving Tuesday has grown a lot since its inception. In its first year, an estimated $10 million was donated through online fundraisers. By 2023, despite economic challenges, donations in the US alone reached $3.1 billion, with 35 million people participating.

What makes Giving Tuesday unique is its inclusive nature. It’s not just about monetary donations – people can contribute through volunteering, advocacy, or supporting local businesses that give back to the community. The day has become a global celebration of philanthropy, transcending cultural and geographical boundaries.

For nonprofits, Giving Tuesday offers the opportunity to gain visibility, attract new donors, and engage with supporters. It’s a day that reminds people of the joy of helping others and the impact we can make when we come together for a common cause.

People who want to get involved in a Giving Tuesday campaign can check out GivingTuesday.org which has official information and updates. The hashtag #GivingTuesday on various social media platforms will also lead to unofficial events and local charities.  

As Giving Tuesday continues to grow, it reminds us of our collective ability to create positive change in the world.

From Lady Gaga to LEGO: Philanthropy’s Bold Push for Mental Health

Philanthropy is emerging as a crucial force in addressing global mental health challenges, stepping in where traditional funding falls short. With an estimated $200 billion gap in government and aid funding, private philanthropists are developing innovative approaches to mental health care while raising awareness and reducing stigma. Notable organizations like the Fondation d’Harcourt and The Carter Center are improving access to care in low and middle-income countries, while the Wellcome Trust has committed £200 million to transform youth mental health understanding and treatment.

High-profile initiatives, including Lady Gaga’s Born This Way Foundation and the Duke and Duchess of Cambridge’s Heads Together campaign, are working to destigmatize mental health issues and support youth programs. Organizations such as the Movember Foundation and the Brain & Behavior Research Foundation are targeting specific areas, from men’s mental health to crucial research funding. The Mariwala Health Initiative focuses on marginalized communities in India, demonstrating the global reach of philanthropic efforts.

The impact of mental health on the global economy is substantial. Anxiety and depression alone cost about $1 trillion annually in lost productivity according to the World Health Organization. To meet the need, philanthropic organizations are responding with remarkable agility, supporting innovative solutions that might not receive traditional funding. For example, Kate Spade New York and its Foundation have integrated mental health support into their women’s equality initiatives, demonstrating how mental health can be woven into existing philanthropic priorities.

Collaboration has emerged as a key strategy in philanthropic mental health efforts, with funders increasingly pooling resources and becoming fundraisers themselves. Public-private partnerships, exemplified by the LEGO Foundation’s collaboration with UNICEF and the Danish Ministry of Foreign Affairs on the Play and Heal initiative, are accelerating global mental health investment. While current philanthropic funding remains modest at $74 million – less than 1% of private development assistance for health – these pioneering efforts are creating a foundation for increased future investment and a more stable ecosystem that protects and enhances mental health for everyone, everywhere.