“Philanthropy”, is a Greek word meaning “love for mankind”. The words charity and Philanthropy goes hand in hand, but the only difference is Philanthropy is a kind of charity where both the donator and the receiver are beneficiaries. There are many non-profit organizations which endlessly support for children welfare, education, family welfare, healthcare etc. Mostly contributions are in the form of monetary funds, which are useful in supporting the lives of the people who need changes in their society. To be a successful philanthropist, the most important thing is you should have adept financial education. The common notation is philanthropy should always be in contrast with business. Most of the big multinational companies have their own non-profit organizations, as philanthropy has tax benefits, which projects them as respectable. To understand philanthropy, there are many schools and colleges which give deep insight on the subject. The main goal of learning philanthropic principles is to gain knowledge on public policy making for a better and developed nation.
Nancy Roob is one of the renowned bloggers and philanthropist. She is the president and CEO of the Edna McConnell Clark foundation. Her duties include developing grant making strategy, which aims at improving the life of young people from low income backgrounds. Nancy Roob also worked with Boston persistent poverty project, the fund of homeless and child care resource and referral center. Her articles include “How philanthropy and government work together”, “The value of evaluation”, “A single standard of evidence”, “how an organization can build its evidence base” and many more. All her blogs are quite popular, which gives lot of an insight on business philanthropic principles. Nancy Roob through her article “How philanthropy and government work together” depicted that by setting standard funding programs, government can help non-profit organizations to invest in rigorous evaluations.
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Philanthropy is an act of helping mankind with much higher social causes like healthcare, rural development etc. One such blogger, is Nancy Roob, a philanthropist, whose articles provided us a vast knowledge on importance of philanthropy among corporate organizations.
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