Physicians care deeply about many issues that affect our patients, society, and the world at large. Legacy building is often an important part of the Life Plan. One way to create impact and build a legacy is through philanthropy. Yet we may have limiting beliefs that are holding us back. Do physicians wait to give until we feel financially and socially secure? Isn't philanthropy an activity reserved for the ultra-privileged multi-millionaires or billionaires? Physicians already have to shoulder a large student debt burden, job insecurity, and burnout. How can physicians start to reap the joy of giving and start to contribute to issues we deeply care about now?
❤️ When we as physicians are on the receiving end of charity, we experience firsthand the impact of giving and fundamentally change how we look at giving.
❤️ Why the amount we give is not as important as just the act, using the example of Giving Circles that started with a small group of moms who would do a potluck and pooled the money they would have otherwise spent for a meal at a restaurant and donated that to charity each month. This one group grew to hundreds of chapters around the United States.
❤️ How the act of giving is radically separate from one's income or net worth.
I loved this inspiring conversation with Dr. Recha Bergstrom, who is a mom of three, wife, entrepreneur, and philanthropist. Her husband is a winemaker and together they make award-winning wines in Santa Cruz Mountains – Sandar & Hem Wines. Recha is also the founder of The Physician Philanthropist, where she helps doctors learn how to donate effectively, invest responsibly and spend thoughtfully to maximize the positive impact they want to have in the world while maximizing their own benefits. She has established The Physician Philanthropy Impact Fund, offers two comprehensive online courses "The Physician Philanthropist Course" on developing a giving plan and "Impactful Investing for Doctors" to help doctors align their investment portfolios with their values, and shares her blog "Intentional Money for Doctors" on simple ways to start.
Listen to part 1 of the impactful interview on this week's episode of the Dare to Dream Physician Podcast!
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Dr. Recha Bergstrom and The Physician Philanthropist Resources:
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