Philanthropy

What is a Philanthropist?
 Philanthropy
“love of humanity”
 What is Philanthropy?

• Greek playwright Aeschylus coined the

term philanthropy in the 5th century BCE.
• It meant “love of humanity.”
• Today, philanthropy means generosity in all
its forms and is often defined as giving gifts of
“time, talent and treasure” to help make life
better for other people.
What is Philanthropy?

Greek playwright
Aeschylus coined the
term philanthropy
What is Philanthropy?
 What is Philanthropy?

• The word philanthropy literally means ‘the

love of humanity’.
• However, it’s mostly associated with individuals
who show their love for their fellow man in a
specific way, namely through sharing their
wealth.
• More specifically, the term is usually reserved
for extremely wealthy individuals who use
their good fortune to help others. History is full
of such people.
The word philanthropy literally means
‘the love of humanity
 What is Philanthropy?
• Some choose to share their fortune due to their
religious convictions.
• At other times, a billionaire who started out poor
and then benefitted from a good education might
want to ensure others get the same opportunities
they enjoyed.
• Others might even give money away through guilt
or through a desire to make art and culture
accessible to the masses and not just the preserve
of an elite few.
What is Philanthropy?
 What is Philanthropy?

• You can practice philanthropy by making a

monetary gift, such as a donation to a cause you
believe in.
• You can also practice philanthropy by giving
your time—serving in a soup kitchen, tutoring
a teen or engaging in any other volunteer
activity that aims to improve lives.
• So the answer to “what is a philanthropist” is a
person who exhibits these behaviours,
regardless of how many resources (or how few)
that person has.
You can practice philanthropy by
making a monetary gift
You can practice philanthropy by
making a monetary gift
You can also practice philanthropy by giving your
time—serving in a soup kitchen
 Tutoring A Teen Or Engaging In Any Other
Volunteer Activity That Aims To Improve Lives
 Philanthropy
• Whatever their reasons for giving, the biggest
philanthropists have made genuine
contributions to history.
 Philanthropy
• Philanthropy means the love of humanity.
• A conventional modern definition is
• "private initiatives, for the public good,
focusing on quality of life",
• which combines an original humanistic
tradition with a social scientific aspect
developed in the 20th century.
Philanthropy
 History of Philanthropy

• Philanthropy dates back to Greek philosopher

Plato in 347 B.C.
• His will instructed his nephew to use the
proceeds of the family farm to fund the
academy that Plato founded.
• The money helped students and faculty keep
the academy running.
Greek philosopher Plato
 History of Philanthropy
• Around 150 years later, Pliny the Younger
contributed one-third of the funds for a
Roman school for young boys.
• He instructed the fathers of the students to
come up with the rest.
• The intention was to keep young Romans
educated in the city rather than abroad.
Pliny the Younger contributed one-third of the
funds for a Roman school for young boys
 History of Philanthropy
• In 1630, John Winthrop of the
Massachusetts Bay Colony preached to
Puritan settlers that the rich have an
obligation to take care of the poor.
 John Winthrop of the Massachusetts Bay Colony
preached that the rich have an obligation to take care
of the poor
 History of Philanthropy
• Meanwhile, the poor must do the best they can
to improve their situation.
• In 1638, John Harvard laid the foundations
for Harvard University after bequeathing
half of his estate to found the school.
 John Harvard laid the foundations for Harvard
University after bequeathing half of his estate to found
the school
 History of Philanthropy
• Perhaps the most famous example of
philanthropy came from Andrew Carnegie,
simply because of the scale of his giving.
• Carnegie's wealth helped build more than
2,800 libraries all over the world.
• He also endowed several universities and a
charitable trust that still runs nearly 100
years after Carnegie's death in 1919.
Andrew Carnegie
 History of Philanthropy
• Estimates of his total charitable
contributions exceed an estimated $350
million.
• Carnegie lived up to his credo that a man who
dies rich dies disgraced, and the rest of society
learned to follow his example.
Andrew Carnegie
 History of Philanthropy
• Billionaire Microsoft mogul Bill Gates,
along with his wife, Melinda, established the
Bill and Melinda Gates Foundation to support
global development and global health
programs.
Bill And Melinda Gates
 History of Philanthropy
• Another example is the Ford Foundation,
established by the son of Ford Motor
Company founder Henry Ford.
• The foundation focuses on strengthening
democracy, improving economic opportunity,
and advancing education.
Henry Ford
 The difference between Charity and
Philanthropy
• The words Charity and Philanthropy are often
used interchangeably, but actually there is a
difference between these two concepts.
The difference between Charity and
Philanthropy
 The difference between Charity and
Philanthropy
• The origin of the word Philanthropy comes from
the Greek language that translates to: “Love of
mankind”.
• A more modern definition is “private initiatives
for the public good which combines an original
humanistic tradition with a social scientific
aspect”.
• Philanthropy is an idea or an action that is
done to better humanity and usually involves
some sacrifice as opposed to being done for a
profit motive.
Philanthropy
 The difference between Charity and
Philanthropy
• Charity comes from the old French word
Chrité and means,
• “Providing for those in need; generosity and
giving”.
• The practice of charity involves giving money,
goods or time to the unfortunate, either
directly of by means of charitable trust or other
worthy causes.
Charity
 The difference between Charity and
Philanthropy
• The main difference is that Charity aims to
relieve the pain of a particular social
problem, whereas Philanthropy attempts to
address the root cause of the problem.
 The difference between Charity and
Philanthropy
• An example is the difference between sending
painkillers to malaria patients, which is
charity, versus educating the public in
affected areas or supporting medical
research teams in finding a cure for
malaria, which are philanthropy.
sending painkillers to malaria
patients, which is charity
supporting medical research teams in finding
a cure for malaria, which are philanthropy
 The difference between Charity and
Philanthropy
• Philanthropy involves charitable giving to
human causes on a large scale.
• Philanthropy must be more than just a
charitable donation.
• It is an effort an individual or organization
undertakes based on an altruistic desire to
improve human welfare. Wealthy
individuals sometimes establish foundations
to facilitate their philanthropic efforts.
Philanthropy involves charitable giving to
human causes on a large scale
 The difference between Charity and
Philanthropy
• Philanthropy has distinguishing characteristics
separate from charity; not all charity is
philanthropy, or vice versa, though there is
a recognized degree of overlap in practice.
The difference between Charity and
Philanthropy
 The difference between Charity and
Philanthropy
• A difference commonly cited is that charity
aims to relieve the pain of a particular social
problem, whereas philanthropy attempts to
address the root cause of the problem— the
difference between the proverbial gift of a
fish to a hungry person, versus teaching them
how to fish.
 The difference between Charity and
Philanthropy
• Charity is giving, Philanthropy is acting and
changing for a better world.
The difference between Charity and
Philanthropy
 What is a philanthropist?

• A philanthropist is a person who donates

time, money, experience, skills or talent to
help create a better world.
• Anyone can be a philanthropist, regardless of
status or net worth.
What is a philanthropist?
 What are the benefits of being a
philanthropist?
• Many philanthropists are driven by a deep
desire to solve social problems and help
others.
 What are the benefits of being a
philanthropist?
• A growing body of scientific evidence also
shows that philanthropy benefits the giver as
well as the receiver in terms of well-being.
Researchers have found that philanthropy
contributes to the following positive effects:
• Greater overall happiness
• Lower stress levels
• Better physical health
• Heightened sense of connection to others
What are the benefits of being a
philanthropist?
 How can I become a philanthropist?

• You don’t need millions of dollars to be a

philanthropist.
• You can simply donate “time, talent or
treasure” toward doing good, but you can
increase the impact of your giving by thinking
strategically.
You don’t need millions of dollars to be a
philanthropist
Types of Successful Philanthropists
 Types of Successful Philanthropists
• Take a moment and reflect on which type(s) of
philanthropist you are:
• Communitarian – Doing Good Makes Sense
(26%)
• Believes that doing good in the community makes
good business sense.
• Devout – Doing Good Is God’s Will (21%)
• Feels it is God’s will to do good; 96% of their
giving is to religious purposes.
Communitarian – Doing Good Makes
Sense
Devout – Doing Good Is God’s Will
 Types of Successful Philanthropists
• Investor – Doing Good Is Good Business
(15%)
• The investor says that doing good is good
business. They are very careful about
investigating the organizations they give to.
• Socialite – Doing Good Is Fun (11%)
• The Socialite likes having fun in their funding
work, and that is the main reason they get
involved.
Investor – Doing Good Is Good Business
Socialite – Doing Good Is Fun
 Types of Successful Philanthropists

• Repayer – Doing Good in Return (10%)

• They feel that they are doing good because the
organization has already given them something
special.
• Altruist – Doing Good Feels Right (9%)
• They give because they believe it is the right
thing to do. They are genuinely selfless. They
almost always focus on social issues.
Repayer – Doing Good in Return
Altruist – Doing Good Feels Right
 Types of Successful Philanthropists

• Dynast – Doing Good Is a Family Tradition

(8%)
• They usually come from affluent families.
They grew up in families where there is a
tradition of giving.
Dynast – Doing Good Is a Family
Tradition
Being a Philanthropist Without Money
 People say philanthropy is only for the
rich. This is a lie.
• When anyone gives anything with good heart,
he or she becomes a philanthropist — a
conduit and a catalyst for love.
• An article from 1940 by Corinne Updegraff
Wells.
• She gave a great example of
• “philanthropy without money.”
• Writing for The Rotarian, Wells tells the story of
“Mrs. B” who gave her neighbor, a gift of “48
Tuesday afternoons.”
“philanthropy without money”
 People say philanthropy is only for the
rich. This is a lie.
• Once a week, except in August when she was
away, Mrs. B. took the place of this mother [of
three], who could not afford help and so had
little opportunity for recreation.
• She, told stories and played games with the
youngsters, while the mother had a
gloriously free afternoon.
“philanthropy without money”
 People say philanthropy is only for the
rich. This is a lie.
• It may sound old-fashioned, but trusted
childcare remains a remarkable and potentially
transforming gift to frazzled parents.
 People say philanthropy is only for the
rich. This is a lie.
• So, if you think you have nothing to give,
think again.
• Here’s an incomplete list of some other things
we can give that do not involve money:
• A smile
• A greeting
• A helping hand
• An open-ended, open-hearted question
• A patient ear
list of some other things we can give that
do not involve money
list of some other things we can give that
do not involve money
 People say philanthropy is only for the
rich. This is a lie.
• A please
• A thank you
• A kind thought
• A prayer
• A performance
 People say philanthropy is only for the
rich. This is a lie.
And of course, there are the three kinds of money-less
philanthropy that create connection from isolation.
• Food
Eating is nice, but a far deeper pleasure comes from
nourishing others.
•This nurturing can provide philanthropy on all levels
physical, social, spiritual and emotional. Just ask any
woman who’s nursed a baby.
• Ask anyone who volunteers to deliver meals to seniors.
• Ask anyone who’s made the effort to care for and feed a
homeless pet.
Eating is nice, but a far deeper pleasure
comes from nourishing others
 People say philanthropy is only for the
rich. This is a lie.
•Welcome
Giving is one of humanity’s most ancient forms of
introduction. When we offer our hand to shake, our
welcoming gaze to a newcomer’s eyes, we offer a sign
of respect.
A tangible kindness.
Giving our good will builds relationships that form the
very roots of community. This is the kind of
philanthropy that turns strangers into neighbors.
Ask anyone who volunteers to deliver
meals to seniors
 People say philanthropy is only for the
rich. This is a lie.
• Respect
• Acknowledging a perceived enemy as a
bonafide fellow human is definitely a gift.
Acknowledging a friend who has been
disgraced or is simply down on his or her luck
can be a significant boon.
Respect
 People say philanthropy is only for the
rich. This is a lie.
The truth is you don’t have to donate money
or give property to practice philanthropy.
When we give of our time or our expertise, we
are philanthropists.
When we use our imagination to understand,
accept and include difference, we are
philanthropists.
When we refuse to give up on our values, our
family, our friends, our neighbors, our
communities, our world we are philanthropists.
you don’t have to donate money or give
property to practice philanthropy
 People say philanthropy is only for
the rich. This is a lie
If we are breathing, we have something to
give. Even bestowing our attention on another
person can make a difference.
And giving it with good heart will feel good.
 People say philanthropy is only for the
rich. This is a lie
As Corinne Wells writes, it doesn’t have to
hurt:
Many people have a Puritanical feeling that they
are not giving unless they are sacrificing, which
is akin to the old idea that unless medicine tasted
bad it could have no virtue. Whereas the most
acceptable giving is often simply the sharing of
something of which we have a plentiful supply.
What do you have in plentiful supply?
Think of how you can share it.
“philanthropy without money”
 Who are famous philanthropists?

• Some philanthropists are known for giving

away substantial sums to aid society people
like John D. Rockefeller and Warren
Buffett. Others are known for their good
works, such as Mother Teresa and Paul
Farmer.
Who are famous philanthropists ?
 George Peabody
• George Peabody was an American financier
and philanthropist.
• He is widely regarded as the father of modern
philanthropy
father of modern philanthropy
 George Peabody

• Though thrifty, even miserly with his

employees and relatives, Peabody gave
generously to public causes.
• He became the acknowledged father of
modern philanthropy, having established the
practice later followed by Johns Hopkins,
Andrew Carnegie, John D. Rockefeller and
Bill Gates.
 George Peabody

• In the United States, his philanthropy largely

took the form of educational initiatives.
• In Britain, it took the form of providing housing
for the poor.
• In America, Peabody founded and supported
numerous institutions in New England, the South,
and elsewhere. In 1867–68, he established the
Peabody Education Fund with $3.5 million to
"encourage the intellectual, moral, and industrial
education of the destitute children of the Southern
States.
George Peabody
 William Wilberforce
• William Wilberforce was born rich and
devoted his life to abolishing the slave trade
and to philanthropy.
• The English politician William Wilberforce is
best remembered as one of the leading voices
in the campaign to end Britain’s involvement
in the international slave trade. And rightly so.
William Wilberforce
 William Wilberforce
• Throughout the late-18th and early-19th
centuries, he campaigned tirelessly for the
abolition of slavery, with his efforts in
Parliament leading to the passage of the Slave
Trade Act of 1807.
• In part, his work was inspired by his deep
Christian faith. And it was this faith that led
him to become one of Britain’s great
philanthropists too.
 Andrew Carnegie

• Andrew Carnegie wrote his own “Gospel” on

how billionaires such as himself have a
responsibility to give their wealth away.
 Andrew Carnegie
• Scottish-American industrialist Andrew
Carnegie made a huge fortune and gave
around 85% of it all away before he died.
Understandably, he regularly tops lists of the
greatest philanthropists of all time, and
institutions bearing his name can be found
around the world.
Andrew Carnegie
 John Hopkins

• John Hopkins was the ultimate self-made

American man who became one of the
country’s great philanthropists, giving us
universities, hospitals and more.
John Hopkins
 John Hopkins
• Johns Hopkins was an American entrepreneur,
abolitionist and philanthropist of 19th-century
Baltimore, Maryland.
• His bequests founded numerous institutions bearing his
name, most notably Johns Hopkins Hospital, and
Johns Hopkins University including its academic
divisions such as
• Johns Hopkins School of Nursing,
• Johns Hopkins School of Medicine,
• Johns Hopkins Carey Business School,
• Johns Hopkins Bloomberg School of Public Health,
John Hopkins
 Warren Buffett

• Warren Edward is an American business

magnate, investor, and philanthropist who
serves as the chairman and CEO of Berkshire
Hathaway.
 Warren Buffett

• Warren Buffett is not only one of the

wealthiest people in the world, he's also one
of the most charitable.
• In 2006, Buffett vowed to donate 85% of his
wealth to the Bill & Melinda Gates
Foundation, as well as other foundations set
up by family members.
Warren Buffett
 Warren Buffett

• He once commented,
• "I want to give my kids just enough so that
they would feel that they could do anything,
but not so much that they would feel like
doing nothing".
 Bill Gates

• While he is best known as the cofounder of

Microsoft, Bill Gates now focuses most of his
time on philanthropy, running the Bill &
Melinda Gates Foundation alongside his wife.
Bill Gates
 Bill Gates

• The foundation issues grants for initiatives and

programs across the globe, focusing
on agricultural development, emergency relief,
global libraries, urban poverty, global health,
and education.
Bill & Melinda Gates Foundation
 Bill Gates

• Since its inception, the foundation has donated

millions to organizations that include the
GAVI Alliance; the World Health
Organization; The Rotary Foundation; and
UNICEF.
Bill & Melinda Gates
 Conclusion
• The secret to living is giving.
• That is to say, by contributing to the well-
being of others, our communities and the
world at large, we find more meaning in life.
Many high profile people have learned this
lesson, choosing to donate their financial
resources to communities and causes that
need support.
The Story of Daanveer Karna
 The Story of Daanveer Karna

• One day Arjun approached Krishna and

asked why Karna is called the best of the
givers (Daanveer)?
• I donate much more compared to him, still he
is called the greatest. Krishna smiled and took
Arjun to a mountain of gold and asked Arjun
to distribute it amongst the villagers.
One day Arjun approached Krishna and asked why
Karna is called the best of the givers (Daanveer)?
Krishna smiled and took Arjun to a mountain of gold
and asked Arjun to distribute it amongst the villagers
 The Story of Daanveer Karna

• Arjun asked the assistant to tell the villagers to

gather at the base of the mountain, where
Arjun will distribute gold.
• Arjun distributed that for more than 12
hours and still the mountain was just 1%
finished. Now he was tired. He said I can't do
anymore today.
 Arjun distributed that for more than 12 hours
and still the mountain was just 1% finished, he
was tired
 The Story of Daanveer Karna
• Now Krishna said, “let's call Karna”.
Krishna gave the same task to Karna.
• Karna's assistant gathered the villagers.
• The greatest giver, Karna announced to the
villagers that he would like to donate this
mountain to them and the villagers can
come and take as much as they want.
• And after the announcement he left from that
place with pleasant namaste to Krishna.
Now Krishna said, “let's call Karna”
 The Story of Daanveer Karna

• Arjun stayed in shock. He was doing the same task

for more than 12 hours and Karna did it in just a
minute and did it in better way.
• Krishna smiled and answered, “Arjun, when you were
giving gold, you had a selfish motive to give it by
yourself so that everyone will know that you are
giving it, you hope that they should remember you.
• On the other side, Karna had no such motives, his
only motive was to give without any expectation in
return. This is the reason why he is called as the
greatest giver (Daanveer) of all time .”
Karna announced to the villagers that he would like to
donate this mountain to them and the villagers can
come and take as much as they want
 Krishna smiled and answered, “Arjun, when you were giving
gold, you had a selfish motive to give it by yourself On the other
side, Karna had no such motives, his only motive was to give
without any expectation in return
 The Story of Daanveer Karna

• The giver/donor should not think for a

selfish motive of being known or famous.
• Like most of us do, we donate to gain fame, to
be known. Karna taught us that the
donation should be with a unselfish motive.
Karna taught us that the donation should
be with a unselfish motive

The Story of Daanveer Karna

The Givers: Wealth, Power, and Philanthropy
in a New Gilded Age
 References
• List of philanthropists
• https://en.wikipedia.org/wiki/List_of_philanthropists
• Philanthropy
• https://en.wikipedia.org/wiki/Philanthropy
• Philanthropy
• https://www.learningtogive.org/resources/philanthropy
• Seven Types of Successful Philanthropists
• https://givingcompass.org/article/7-types-of-successful-philanthropists/
• The difference between Charity and Philanthropy
• https://medium.com/@Philanthor/the-difference-between-charity-and-
philanthropy-fe29e327acac
• What is a philanthropist?
• https://www.fidelitycharitable.org/guidance/philanthropy/what-is-a-
philanthropist.html
Thanks…