USA HISTORY

Detailed explanation-1: -Philanthropy refers to charitable acts or other good works that help others or society as a whole. Philanthropy can include donating money to a worthy cause or volunteering time, effort, or other forms of altruism.

Detailed explanation-2: -The purpose of philanthropy is to improve the wellbeing of humankind by preventing and solving social problems. Philanthropy is not the same as charity. Charity focuses on eliminating the suffering caused by social problems, while philanthropy focuses on eliminating social problems.

Detailed explanation-3: -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. You can practice philanthropy by making a monetary gift, such as a donation to a cause you believe in.

Detailed explanation-4: -Yet though philanthropists have sought to cultivate connection among the members of American society, they have not always understood this task in the same way. In the brief history of this nation, we have seen three distinctive philanthropic traditions: Relief, Improvement, and Social Reform.

Detailed explanation-5: -A philanthropist is a person who gives money or gifts to charities, or helps needy people in other ways. Famous examples include Andrew Carnegie and Bill & Melinda Gates.