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Charity helps individuals, philanthropy looks at creating situations in which individuals do not need to be helped.
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“Charity tends to be a short-term, emotional, immediate response, focused primarily on rescue and relief, whereas Philanthropy is much more a long-term, more strategic, focused on rebuilding. • One says there is charity, which is good, and then there is problem-solving charity, which is called philanthropy, and I think that’s the distinction I have tried to make.” – Steve Gunderson, former President and CEO of the Council of Foundations.
Charity aims to alleviate direct suffering from social problems. Philanthropy aims to look at the roots of these problems and provide solutions to these problems at a more basic level, aiming to omit the problem itself. • Philanthropy makes a deliberate attempt to look at and address structural problems rather than alleviating immediate instances and needs. • Charity is simply giving while philanthropy is doing something about why not all persons have the same facilities or opportunities. Method of Charity and Method of Philanthropy
Philanthropy is usually associated with large corporates and companies, as they are seen to have the means to address issues systematically. Charity is done by individuals as they cannot effectively engage in acts of philanthropy, unless, through corporations engaged in the same. • According to Philanthropy Round Table, out of the $358 billion given to charity by Americans in 2014, 14% came from foundation grants, 5% from corporations and a staggering 81% came from individuals. This clearly indicates that while corporations may have better means to address these issues systemically, it is usually individuals who chose to engage and do something about social problems. Who is Giving?
Philanthropy is much more vital in addressing issues systematically. It helps address root causes and works towards omitting a problem, rather than simply providing temporary relief. • Charity has its own benefits of helping individuals and enabling them to do something about their specific situations. However, unlike philanthropy, it does not work towards eradicating the problem at its basic level. • Charity helps individuals, philanthropy looks at creating situations in which individuals do not need to be helped.