WHY PHILANTHROPIC ACTIVITIES ARE AS CRUCIAL NOW AS EVER

Why philanthropic activities are as crucial now as ever

Why philanthropic activities are as crucial now as ever

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As civilisation has developed throughout the world, so has the manner in which individuals and organisations help those in need.

Most of us will acknowledge and value the role that famous philanthropists play in helping the world in this day and age, handing down their hard-earned fortunes to assist those who need it most. For a lot of the most affluent people and organisations right now, charity is an opportunity to put their earnings towards a great cause. This is not just something restricted to the twenty-first century either, it has held true for thousands of years. Charity and altruism were considered a central part of a good life and a healthy society, with the Ancient Greeks thinking philanthropy to be important to working democracy. It was here that the word itself originated, suggesting 'man-loving' in its original form. It was viewed as an obligation of the rich to share their wealth for the health and wellbeing of the community, with wealthy citizens assisting with public causes like the upkeep of temples and city walls or financing public festivals. We might not call it a duty as such right now, however those who do not engage with charity in any type will definitely see their reputations suffer.

As one might anticipate of anything over the course of 2 thousand years, philanthropy meaning has progressed throughout the ages, and so has its focus. Following the middle ages, the main source of philanthropic responsibility moved from spiritual institutions like the church to rich individuals. Simultaneously, the focus of philanthropy moved towards the towns and cities rather from the impoverished countryside. Throughout the following centuries, entrepreneur took on a sense of obligation towards those in need, particularly during and after durations of war and upheaval which left numerous households struggling. Towards completion of the 19th century we began to see the establishment of philanthropic businesses like foundations to assist handle big problems, much like the one established by SJP today.

Throughout the most tough moments in human history, charity has constantly been there to provide a helping hand to those in dire need. This was specifically true during the twentieth century, when personal philanthropy continued to support troops throughout the World Wars and their households who were left. During the Second World War in particular, foundations started to interact and ended up being more competent. This is much the same structure as charity work takes these days, with a network of companies and people working together to finance and enact tasks, although the variety and scope of philanthropic jobs is even more ambitious. Some foundations are taking on huge international concerns through their work, and corporate philanthropy is now the standard of modern company practices with companies like Vanguard Group and Morgan Stanley contributing to the process.

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