Tuesday, March 5, 2019

Philanthropy

Warren Buffet, a huge philanthropist
1.According to Merriam-Webster, Charity is giving to those in need when there is a need and can only mean giving to one person, but philanthropy is giving to benefit human kind, and benefits more than one person usually. On Your Dictionary, Philanthropy is defined as associated with donating money to charity, volunteering, or serving/leading a foundation.
2. According to Columbia University Carnegie spent over 350 million in giving to better education and create world peace. He invested so much in philanthropy because he believed very passionately in the two causes, and thought his moral obligation was to give because he had enough money for his personal needs and family so he should give the rest to better the public. His projects includes spending 56$ million on building public libraries, starting and funding the Carnegie Mellon University, and creating numerous trusts and institutions.
3. Rockefeller like Carnegie was a very big philanthropist and donated over half a billion to charities and causes. Both Carnegie and Rockefeller donated to education and funded universities, but Rockefeller also donated to religious and scientific causes. For example, according to History.com Rockefeller started the Rockefeller sanitary commission which successfully eradicated hookworm is the southern US states.
4.  Carnegie is mainly involved now with education and world peace. His organizations include: Carnegie Corporation of New YorkCarnegie Council on Ethics and International AffairsThe Carnegie Dunfermline Trust,  Carnegie Endowment for International PeaceThe Carnegie FoundationThe Carnegie Foundation for the Advancement of TeachingCarnegie Hero Fund CommissionThe Carnegie Hero Fund TrustCarnegie Institution of WashingtonCarnegie Library of PittsburghCarnegie Museums of PittsburghCarnegie Mellon UniversityThe Carnegie Trust for the Universities of ScotlandThe Carnegie United Kingdom Trust. 
5. Warren Buffett, he donated the majority to ending poverty. He only keeps 1% of his money and donates the rest. He spoke at a conference on the global poverty epidemic, and has donated billions to the Bill and Melinda Foundation.
6. If i were a philanthropist I would invest in education because the way to solve all problems is by being informed and educated about them. So, I would set up our next generation with all the knowledge necessary to try and solve problems like poverty and lack of food by funding education for poorer countries.

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