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philanthropy
Columbia Encyclopedia entry: philanthropy
Philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity. Every year vast sums of money are collected for invaluable philanthropic purposes, and an increasing number of people participate in the work of collecting money through highly organized campaigns, the purpose of which is fund-raising. In many countries philanthropy has been incorporated in government policy in the form of tax exemptions for contributions to charitable agencies. It has become so accepted that few now escape the demands of giving, and many important institutions are partly or wholly dependent on it.

In early times, charity was usually prompted by religious faith and helped to assure a reward in an afterlife, a notion found in Egypt many centuries before the Christian era. Throughout history, active participation in philanthropy has been a particular characteristic of Western societies. A traditional philanthropic ideal of Christianity is that of the tithe, which holds that one tenth of a person's income should go to charity. Charity is also important in Islam, Buddhism, and other religions. Foundations—institutions that distribute private wealth for public purposes—also have an ancient history.

At the end of the 19th cent. it was recognized that corporations could play a part in financing voluntary agencies when the Young Men's Christian Association set a new pattern for raising money: intensive drives over a short period of time, the use of sophisticated techniques to raise money, and an emphasis on corporation donations. Other voluntary agencies soon copied this pattern, and it is still the typical practice for large-scale fundraising. During World War I, coordination of effort became a trend in philanthropic activity. In the United States, this coordination took the form of Community Chests, which combined a number of charities under one appeal, now known as the United Way.

Today the organization and coordination of philanthropy has eliminated much of the spontaneity of giving. They have also brought about a more rational assessment of ability to give as well as the introduction of scientific methods of ascertaining community and national needs and of raising money. The focus has also shifted from the relief of immediate need to long-term planning to prevent future need.

Wikipedia search results for: Philanthropy
From Wikipedia, the free encyclopedia
Philanthropy is the effort or inclination to increase the well-being of humankind, as by charitable aid or donations. It is generally agreed that the word was coined 2500 years ago in ancient Greece, by the playwright Aeschylus, or whoever else wrote Prometheus Bound. There the author told as a myth how the primitive creatures that were created to be human, at first had no knowledge, skills, or culture of any kind—so they lived in caves, in the dark, in constant fear for their lives. Zeus, the tyrannical king of the gods, decided to destroy them, but Prometheus, a Titan whose name meant “forethought,” out of his "philan" or...more »
Columbia Encyclopedia search results: philanthropy
Results 1 - 10  of 41
  • Gratz, Rebecca

    Gratz, Rebecca, 1781–1869, American philanthropist, b. Philadelphia; daughter of Michael Gratz. Well known for her philanthropies in Philadelphia, she is remembered chiefly as the probable pro...

  • Brookings, Robert Somers

    Brookings, Robert Somers, 1850–1932, American businessman and philanthropist, b. Cecil co., Md. He earned a fortune in business in St. Louis, Mo., and retired in 1897 to devote himself to phil...

  • Harkness, Edward Stephen

    Harkness, Edward Stephen, 1874–1940, American philanthropist, b. Cleveland. He inherited a fortune from his father, a partner of John D. Rockefeller, Sr. His extensive philanthropies, many of ...

  • Peabody, George Foster

    , 1852–1938, American banker and philanthropist, b. Columbus, Ga. Successful early in life as a banker and organizer of railroads and utility companies, he retired (1906) from business to devo...

  • Drexel, Anthony Joseph

    Drexel, Anthony Joseph, 1826–93, American banker and philanthropist, b. Philadelphia. He entered (1838) at an early age the well-known banking firm of Drexel and Company, founded by his father...

  • Loeb, Solomon

  • Beaufort, Margaret, countess of Richmond and Derby

    Beaufort, Margaret, countess of Richmond and Derby, 1443–1509, English noblewoman, mother of Henry VII. She was the daughter and heiress of John, 1st duke of Somerset, and great-granddaughter ...

  • David and Lucile Packard Foundation

    David and Lucile Packard Foundation, private philanthropic institution that funds nonprofit organizations. It was founded in 1964 by David Packard (1912–96), co-founder of Hewlett-Packard Co.,...

  • Kellogg Foundation

    Kellogg Foundation, philanthropic institution established (1930) at Battle Creek, Mich., by food manufacturer W. K. Kellogg (1860–1951). Kellogg eventually gave the institution a total of $47 ...

  • Lilly Endowment, Inc.

    Lilly Endowment, Inc., institution founded (1937) at Indianapolis, Ind., by pharmaceutical manufacturer Josiah K. Lilly (1861–1948) as a philanthropic foundation for the promotion and support ...

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