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Showing posts from October, 2022

Three Kinds of Philanthropy

 In philanthropy, you can contribute to an existing charity organization or establish a new one. These organizations can be for-profit or nonprofit, but they must have a clear mission. For example, they could help the arts, science, or education. They may also provide funding for a community college or a charter school. Unfortunately, because of the focus of this sort of donation , the types of groups that can get funds are frequently limited. Donors to NGOs typically prioritize education, health, and the environment. They are less concerned with religious concerns and more focused on scientific progress. They support museums and scientific research, as well as industry and invention. The Civil War in the nineteenth century placed new demands on philanthropy. The American Colonization Society established a colony in Liberia, Africa, to aid in the liberation of African Americans. While this initiative did not immediately assist the enslaved people, it did help increase public morale. Wo