the.com/philanthropy
Rich people solving problems they helped create, with a tax deduction attached.
means The practice of donating money, time, or resources to improve others' lives or tackle social problems.
from From Greek 'philanthropia' — 'philo' (loving) plus 'anthropos' (humankind) — literally 'love of humanity.' The word surfaces in ancient Greek writing to describe a kindly, generous disposition toward people in general, long before it narrowed into the modern business of foundations, galas, and naming rights on buildings.
- ancient usage
- Aeschylus used it to describe Prometheus loving humankind
- tax angle
- US charitable deductions date only to 1917
- biggest pledge
- Giving Pledge asks billionaires to donate over half their wealth
- scale fact
- Americans donate over 500 billion dollars yearly