Information about the Significance of Philanthropy

Philanthropy is the act of donating or giving and this can involve services, property and money. The amount that one donates does not matter since this can involve giving a person a dollar or donating a large sum to a non-profit organization. While many corporations and institutions practice philanthropy, this word is normally associated with individuals and families. The person that practices philanthropy is called a philanthropist and this term is normally used to describe those who donate large amounts of money in millions. Those who donate smaller amounts of money are also important and they usually sacrifice a big part of their disposable income in comparison to the rich. Those who give smaller amounts are not visible to many people and they are not given this title.

 

During philanthropy, the money can be donated directly to the people that need it by giving it to them or it can be given to organizations such as charities, who can handle the distribution. The tithe, which is a certain percentage of income, is what is donated by many philanthropic people. Instead of money, there are people that donate financial assets, which can including donating stock certified to various institutions. Others tend to give their money away after they have died and put instructions in the will about the people and the charitable organizations that should get the money. Read http://en.wikipedia.org/wiki/Philanthropy to gain more information about philanthropy.

 

As is the case with money, there are people who donate property, but this is not usually easy. This is the case since not each person needs certain items and not every charity can deal with property donation. Both used and new items such as clothing are usually accepted by charities. Charity stores and thrift shops tend to accept the donation of common items like strollers and electronics. Soup kitchens, charity centers and other shelters can be given canned and prepackaged food. Large amounts of unpackaged food that comes directly from businesses can also be donated. Special charities and offices can be set up to accept property gifts such as automobiles and real estate. Know more about the entrepreneur.

 

Donation of services is important because there are situations where people are in need of assistance. People can give their skills and time as donations. People tend to donate their time by working in soup kitchens and delivering meals. Some visit nursing homes to ensure that they provide them with company. Professionals tend to donate their skills in cases where legal representatives represent people that do not have enough money without asking for legal fees and doctors provide free treatment to the people that cannot afford treatment. While these philanthropic acts tend to be overlooked, people can donate parts of themselves. People's lives can be saved by blood donations in local blood banks. Healthy people can donate their blood, bone marrow and organs such as kidneys to help other people. To assist other people, some want their organs harvested in death. Visit www.jasonhope.net to understand more about philanthropy.