Philanthropy

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Philanthropy

Philanthropy (/fɪˈlænθrəpi/; from Ancient Greek φιλανθρωπία, meaning 'love of humanity') is the practice of promoting the welfare of others, typically through the donation of money, resources, or time to support causes beneficial to society. It is a traditional virtue in many cultures and a core aspect of various religious traditions, though the concept of 'doing good' extends beyond religious boundaries. In the modern era, philanthropy has come to encompass significant donations made by individuals and organizations to non-profit entities, NGOs, and other community-based agencies.

Etymology

The word philanthropy comes from the Greek word φιλανθρωπία, which combines the words φίλος (philos), meaning 'loving' or 'kind', and ἄνθρωπος (anthropos), meaning 'humanity' or 'humankind'. The term was first coined by the playwright Aeschylus in the 5th century BC to describe a key theme in his works.

Related Terms

  • Altruism: The belief in or practice of selfless concern for the well-being of others.
  • Charity (practice): The voluntary giving of help, typically in the form of money, to those in need.
  • Non-profit organization: An organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's directors (or equivalents) as profit or dividends.
  • Non-governmental organization (NGO): Any non-profit, voluntary citizens' group which is organized on a local, national or international level.
  • Social responsibility: An ethical framework in which individuals are accountable for fulfilling their civic duty.

See Also

External links

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