Philanthropy: Insaan Group

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Philanthropy

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What is Philanthropy ?

• Philanthropy means etymologically, the love of
  humanity, in the sense of caring and nourishing,
  it involves both the benefactor in their
  identifying and exercising their values, and the
  beneficiary in their receipt and benefit from the
  service or goods provided. A conventional modern
  definition is "private initiatives, for the
  public good, focusing on quality of life," which
  combines an original humanistic tradition with a
  social scientific aspect developed in the 20th
  century. The definition also serves to contrast
  philanthropy with business endeavors, which are
  private initiatives for private good, e.g.,
  focusing on material gain, and with government
  endeavors, which are public initiatives for
  public good, e.g., focusing on provision of
  public services. A person who practices
  philanthropy is called a philanthropist.

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• Philanthropy has distinguishing characteristics
  separate from charity not all charity is
  philanthropy, or vice versa, though there is a
  recognized degree of overlap in practice. A
  difference commonly cited is that charity aims to
  relieve the pain of a particular social problem,
  whereas philanthropy attempts to address the root
  cause of the problemthe difference between the
  proverbial gift of a fish to a hungry person,
  versus teaching them how to fish.

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The Desire to promote the welfare of others
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How to Get More Support for Philanthropy?
The most conventional modern definition,
according to the Catalogue for Philanthropy, is
"private initiatives, for public good, focusing
on quality of life. This combines the social
scientific aspect developed in the century with
the original humanistic tradition, and serves to
contrast philanthropy with business (private
initiatives for private good, focusing on
material prosperity) and government .

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