Philanthropy


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Philanthropy

The practice of a wealthy individual or corporation giving money to charity or other programs designed to help others. The term is most applicable when the individual or corporation starts his/her/its own programs. For example, Bill Gates established the Gates Foundation to perform a variety of philanthropic activities such as agricultural development and the establishment of libraries.
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Part and parcel of a culture of individualism and an economy of greed, philanthropy isn't just insufficient to bring about important and meaningful changes, it is counterproductive to social welfare.
Given the handsome tax advantages available through Section 170(e)(3), product philanthropy becomes a profitable alternative for handling inventory that is no longer marketable due to changes in product lines, product returns, end-of-season merchandise or discontinued items.
Indeed, as Dowie acknowledges, it is hailed as a triumph of private philanthropy.
Stryker says he saw the request as an opportunity to advance gay and lesbian causes at the school--one of the missions of his private philanthropy fund, The Arcus Foundation.
The CRC and the Philanthropy Roundtable in Washington, D.
The author begins with brief remarks on philanthropy during the early 20th century and quickly jumps to corporate philanthropy of the 1950s.
The trust by citizens in private philanthropy to assist in the public library movement was rewarded by such individuals as Jacob Astor in New York City, Joshua Bates in Boston, Enoch Pratt in Baltimore, and, of course, Andrew Carnegie in over 1,500 communities across the land.
Our mission is to improve the quality and quantity of philanthropy to Asia and to serve our donors," said Barnett F.
Corporate philanthropy can bring the economic benefits in the long term based on the theory of profit maximization.
Philanthropy groups must be a part of the global shift towards ending humanitarian need by investing significantly more in disaster prevention, a new report finds.
Indiana University Lilly Family School of Philanthropy has created the Melvin Simon Chair in Philanthropy with a $1.
ISLAMABAD, December 19, 2010 (Balochistan Times): Pakistan State Oil (PSO), the largest energy company in the country has been recognized by the Pakistan Center of Philanthropy(PCP) with Corporate Philanthropy Award.