Avram Freedberg Considers the Psychological Aspects of Charitable Giving

PHILADELPHIA, PA, March 05, 2013 (Press-News.org) Avram Freedberg is an avid philanthropist who is constantly seeking new ways to contribute to and promote the charitable endeavors about which he is passionate. For this reason, a recent article published by the Huffington Post regarding the psychology of charity caught his attention and he has since responded with a press statement. The article hinges on the Mother Teresa quote: "If I look at the mass, I will never act. If I look at the one, I will." It explains that most charitable donations are given when individuals feel a connection to a single person. Freedberg encourages people who are interested in getting involved in philanthropic efforts to focus on a cause that they feel connected to in an effort to ensure that they are as invested in their work as possible.

According to the article, "[...] psychological scientist Christopher Hsee of the University of Chicago's Booth School of Business has been studying Mother Teresa's wisdom, called 'scope insensitivity' in the less poetic jargon of the field. This simply means that, when asked to give money to help some number of needy people, say 100--we ignore the number 100. We can't verify that number anyway, so instead we substitute easy-to-read cues, like our feelings for a single needy person. We focus on a prototype of all needy people. Hsee has been using this cognitive principle to come up with practical advice for those in the philanthropy business."

Freedberg asserts that this is an important lesson for individuals employed by non-profit organizations to remember, as it can greatly impact their approach to their work.

"We use the power of one to help charitable giving," asserts Avram Freedberg. "It is important to remember, since there is a tendency to think about how broad the population is that your charity may be serving. Clearly, the donor is most interested when focusing on one person in need."

Freedberg understands the importance of charitable work and therefore encourages individuals to get involved in causes that they feel are important. Additionally, he recommends that the professionals leading the efforts of philanthropic organizations pay attention to the information provided in this and other articles to best tailor their donation and volunteer acquisition efforts.

ABOUT:

Founder and President of National Collector's Mint, Avram Freedberg opened the organization in 1991 and continues to lead it in its growth. A coin and collectibles business, the organization is a significant supporter of philanthropic work. On behalf of the organization, Avram Freedberg has contributed more than $2 million to multiple charitable causes and anticipates continuing to use his resources to promote these efforts. Avram Freedberg encourages his employees, fellow business owners, and other individuals to support the causes about which they are passionate.

Website: http://avramfreedbergentrepreneur.org/