Philanthropy- is private contributions to humanity, vs. business or government contributions. It is according to Webster "an act or gift done for humanitarian purposes.
Who?- Anyone can practice philanthropy. Frequently we use the word to mean giving by foundations or endowments. They give many thousands, even millions, of dollars to museums, schools, camperships, the hospital and other 'non-profit' organizations. But anytime you give. And according to one article, two-thirds of Americans gave in 2008.
Why? - We give because we remember being in a tough spot ourselves and want to relieve the pain for others. We give to have a tax break. We give to feel a sense of satisfaction.
These are some of the many reasons to give but there are still needs this Christmas and there is still time to give. Many organizations such as the Good Shephard Food pantry, Manna, and Penquis' Christmas is for Kids need your help especially at this time of year. But there are other places that could also use your help.
Make sure you do your research on the organization but make the season more lovely with your philanthropy.
Citations:
Marion R. Syversen, MBA - President
NorumbegaFinancial
207.862.2952
Marion@NorumbegaFinancial.com
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