The idea of charity first emerged at the end of the 19th century, when large corporations began helping finance voluntary agencies and religious groups. Today, the idea of philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare, has become so accepted in America that few now escape the demands of giving. In fact, many important institutions are partly or wholly dependent on it. Philanthropy has been organized and …
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showed last 75 words of 2230 total
…less-fortunate, medical research, and international affairs. For the most part, charitable foundations have had a huge positive impact on a myriad of the country's issues and problems. However, philanthropy could be even more effective with both more government control and management and increase in public awareness and education regarding charitable foundations. While philanthropy may still be an imperfect science, the benefit of the millions of donated dollars in this country yearly is weighty and immeasurable.