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Herodes Atticus, a Greek philanthropist of Classical Rome active during the second century (). A philanthropist is someone who engages in philanthropy; donating their time, money, and/or reputation to charitable causes.
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". [1] Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. [1]
However, other actions can also be considered charitable: visiting the imprisoned or homebound, ransoming captives, educating orphans, and supporting social movements. Donations to causes that indirectly benefit the less fortunate, like funding cancer research, also fall under the category of charity.
A charitable trust is an irrevocable trust established for charitable purposes. In some jurisdictions, it is a more specific term than "charitable organization".A charitable trust enjoys varying degrees of tax benefits in most countries and also generates goodwill.
A charitable organization [1] or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the ...
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations , it is sometimes used to refer to the identification and ...
Philanthropy in the United States is the practice of voluntary, charitable giving by individuals, corporations and foundations to benefit important social needs. Its long history dates back to the early colonial period, when Puritans founded Harvard College and other institutions.
The core objective of philanthropreneurship is to increase the philanthropic impact of non-profit organizations through the use of corporations. Traditionally, non-profit organizations solely depended on donations, grants, or other forms of charitable giving. Philanthropreneurship differs by investing rather than donating; there is an ...