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Philanthropy is the voluntary act of donating money or goods or providing some other support to a charitable cause, usually over an extended period of time. In a more fundamental sense, philanthropy may encompass any altruistic activity which is intended to promote good or improve human well-being. Someone who is well known for practicing philanthropy may sometimes be called a philanthropist. Although such individuals are often very wealthy, people may nevertheless perform philanthropic acts without possessing great wealth.

Philanthropy is a major source of income for artistic, musical, religious, and humanitarian causes, as well as educational institutions ranging from schools to universities (see patronage).

Philosophical views on philanthropy

Philanthropy is not always viewed as a universal good. Notable thinkers such as Friedrich Nietzsche opposed philanthropy on philosophical grounds, connecting it with the idea of the weak sponging off the strong, a view also extended to government welfare programs.

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ABCNEWS.com Investigation : In Giving to Charity, Let the Donor Beware - There is little regulation as to how much money must be used for a charity's stated cause, and con men and aggressive businessmen are taking advantage of this.
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American Institute of Philanthropy - A nonprofit charity watchdog organization that helps donors make informed giving decisions.

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Meta Description: [ Charity Navigator, America's largest independent charity evaluator, provides free financial evaluations of America's charities. We are the individual donor's first source for unbiased news and information on philanthropy, nonprofit organizations, wise giving, donating money, charitable donations,... ]

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