Philanthropy is the voluntary act of donating money or goods or providing some other support to a charitable cause, usually over an extended period of time. In a more fundamental sense, philanthropy may encompass any altruistic activity which is intended to promote good or improve human well-being. Someone who is well known for practicing philanthropy may sometimes be called a philanthropist. Although such individuals are often very wealthy, people may nevertheless perform philanthropic acts without possessing great wealth.
Philanthropy is a major source of income for artistic, musical, religious, and humanitarian causes, as well as educational institutions ranging from schools to universities (see patronage).
The purpose of philanthropy is also debated. Some equate philanthropy with benevolence and charity for the poor and needy. Others hold that philanthropy can be any altruistic giving towards any kind of social need that is not served by the market.
Some believe that philanthropy can be a means to build community by growing community funds and giving vehicles. When communities see themselves as being resource rich instead of asset poor, the community is in a better place to solve community problems.
Governments are often supportive of philanthropic efforts. In many countries, those who donate money to a charity are given a tax break. Some governments are suspicious of philanthropic activities as possible grabs for favor (and votes/power in democracies) of portions of the population by NGOs.
By the conventional definition of philanthropy, donations are dedicated to a narrowly defined cause and the donation is targeted make a recognizable change in social conditions. This often necessitates large donations and financial support sustained over time.
The need for a large financial commitment creates a distinction between philanthropy and charitable giving, which typically plays a supporting role in a charitable organization initiated by someone else. Thus, the conventional usage of philanthropy applies mainly to wealthy persons, and sometimes to a trust created by a wealthy person.
Many non-wealthy persons have dedicated – thus, donated – substantial portions of their time, effort and wealth to charitable causes. These people are not typically described as philanthropists because individual effort alone is seldom recognized as instigating significant change. These people are thought of as charitable workers but some people wish to recognize these people as philanthropists in honor of their efforts.
Robert L. Payton expanded the conventional defintion of philanthropy in his 1988 book "Philanthropy: Voluntary Action For the Public Good." The text of this book and many of his writings are available at PaytonPapers.
Philanthropy Ethics Social philosophy Virtues
Philanthropie Filantropía Philanthropie Filantropi Filantropia Filantropia
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