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July 05, 2018, 04:01:59 AM |
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Philanthropy is basically an idea, or action that is done to better humanity and usually involves
some sacrifice as opposed to being done for a profit motive. Acts of philanthropy include donating money to a charity, volunteering at a local shelter, or raising money for cancer research. Philanthropy has distinguishing characteristics separate from charity; not all types of charity are philanthropy, or vice versa, (though there is an overlap). 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. An example is the difference between sending pain killers 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
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