Americas Charities | June 20, 2011

Corporate Giving: Modern Philanthropy Is Big Business

The word “philanthropy” gets thrown around a lot these days. I see more and more people referring to it in their posts, and even in their tweets. Philanthropy is an interesting word because it encompasses so much passion and emotion. Philanthropy is very different from charity; however, I see many people use the words interchangeably.

Charity involves the act of giving away time, money, or other resources to those in need. Philanthropy, on the other hand, implies a deep love for human beings. It usually involves some sort of private initiative for public good. Philanthropy focuses on quality of life and the pursuit of excellence. To me, based on definition alone, a philanthropist feels like his or her purpose is to improve the overall life of other human beings. If you are a philanthropist, you know it deep down in your soul. It’s who you are, and what you’re about.

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