Are you pained by the suffering of fellow human beings around you? This goes to show that you have a kind heart. Wondering what you could do for these people? Philanthropy is the answer. It is the act of giving or donating, for a noble cause. It will not only ease the suffering of a few individuals, but will also give you the immense pleasure of having done something to help contribute to the betterment of society. It gives you the same peace of mind that that all the wealth could ever give you!
There are many nonprofit organizations around the world which are relentlessly working for the sake of the poor and the underprivileged. You can contribute your money to these organizations who will utilize it to improve the lives of people who need a change.
Other acts of good will, is donating your time to educate the impoverished, on maintaining financial stability or debt relief from companies like national credit ; there are sites online that can aid you in meeting this end. With philanthropy, you will create a long lasting image of yourself lending a helping hand in a noble cause. By helping these nonprofit organizations with your philanthropic acts, you will pass on your wisdom and values to children, and make them better citizens of the world.
If you’ve donated to a noble cause, try to create awareness about philanthropy in your circle. Tell them about the different nonprofit organizations who are working for the cause of bettering humanity; no contribution is too small a gift, when it comes to this. Small donations from individuals (in a business organizations) can bring in hope in the lives of many.
Philanthropy has become the order of the day, with some of the biggest names in the world, including Bill Gates and Warren Buffet, leading the charge in donating huge chunks of their wealth, for the service of mankind. Their act has inspired thousands of others who have followed their footsteps, sometimes by funding nonprofit organizations or establishing such organizations to help people who are suffering. These heroic activities have helped restore faith in humanity, in the minds of many who once suffered.
On a global level, philanthropy is still in its infancy, with certain sections of society that has yet to realize the power behind this noble act of generosity. Some individuals are still gripped by materialism and are obsessed with greed. And there are more still, willing to amass wealth, even at the expense of others, putting unsuspecting people further into debt or at odds with united recovery collections or other debt collectors; go online to learn how to deal with an avalanche of debt collectors & how to financially turn things around.
However one acquires wealth, for multi-millionaires (and billionaires, alike), parting with wealth (to even a minor degree) is remarkably painful, as noted by renowned industrialist and philanthropist Andrew Carnegie: “It’s harder to give away money than it is to earn it, in the first place.”
The fact of the matter is, in most parts of the world, philanthropy is not a traditional concept. The irony lies in that fact that it is practiced least among people in regions where poverty and suffering are at its highest. Most of the nonprofit organizations find it hard to gather enough funds to support their projects and programs. Even if a fraction of the wealth generated in the world was used towards philanthropy, nonprofit organizations can ensure the basic food, clothing, shelter and health care, to the poor and underprivileged.
When it comes to the corporate arena, philanthropy is a must; it becomes a part of an organization CSR (corporate social responsibility). No business wants to be seen as a money grubbing machine. Most of the big corporations have created their nonprofit organizations. Philanthropy also gives tax benefits to the businesses/individuals, as well as project them as respectable members of society.
In most cases, this type of philanthropy would involve donations of cash and, in some cases, it can also be the facilities or the time dedicated to volunteering or educating, by employees of a company. For example, financial companies can use their resources to help raise the financial IQs of those who keep finding themselves in the crosshairs of debt collectors, like prestige financial. Overall, these donations are commonly handled by the organization or business (directly) or can be handled by the foundations the company has created for said purpose.
It is the role of every business in a country, is to take corporate responsibility, render support and help their country develop socially & economically. As per the survey results drawn from an interview with philanthropy executives, the report signifies that encouraging generous practices in various programs, are the best ways to newly introduce philanthropy into the culture of a business.