benefits their community and society at large. Participants generally agreed that the term implies a substantial commitment of personal time and resources characterized by a lack of expectation of return to the donor. However, their comments reveal that philanthropic giving can take many forms. Respondents mentioned seeking to support causes and organizations that they feel are serving their communities and are working for the betterment of society overall. This is thought of as an investment to benefit future generations. better place. and financial resources over time. Philanthropy is characterized by sustained engagement and significant financial commitment. The benefits are expected to accrue to individuals in need of assistance or to causes that support the community. others when they give to causes that are meaningful to them and support organizations whose missions they appreciate. most participants initially mentioned monetary giving, then went on to describe several forms of non-financial giving that they also consider philanthropic. Donating time and expertise by serving on the board of a charity or educational institution or offering fundraising advice to a start-up community-based organization is considered an equally important form of philanthropy as giving cash. Under this definition, important philanthropic contributions can also be made by those who are not financially well endowed. and entities that are established to help people or organizations that are trying to make a broad societal impact. So I like to donate to multicultural causes. That's what I like about the Chinatown Community Development Corporation. The name says Chinatown, but two-thirds of the properties and the tenants that we serve are outside of Chinatown. It's all over San Francisco. to philanthropy in order to ensure the effectiveness of her organizational choices and contributions. "I want to make sure that whatever I put my effort into, whether it is in terms of my volunteering or my money, ... that it's actually doing some good. So when I am participating in that kind of activity, I try to make sure I do it with an organization that has a good track record, and that what they're hoping to do is actually what they are doing." as an attorney and has worked in both the public and private sectors. She views her giving choices through the lens of personal experience, focusing on education, poverty alleviation services, music, and culture. Her support for music helps engage people in classical music and ensures that those with talent are able to pursue their dreams. |