Philanthropy

Terms in this set (13)

501(c)(3)
A tax exempt, nonprofit organization that is not able to distribute profits to private shareholders or individuals and cannot influence legislation or participate in campaign activity
Altruism
Unselfish regard for the welfare of others
Charity
An organization set up to provide help and raise money for those in need
Community Service
Unpaid work done by an individual or group to benefit others; can be completely voluntary or compulsory as part of a school program or court order
Crowdfunding
Brings together many individuals who commit money to projects, causes, or companies they want to support
Donation
A gift given voluntarily to another person or organization
Donor
A person who donates something, especially money, to charity or a nonprofit
In-Kind Services
Charitable giving in which, instead of giving money, goods and services themselves are donated
National Service
Voluntary commitment to service organizations such as Americorps or Senior Corps
Nonprofit
An organization that uses the money it earns or raises to run the organization & work to furthering a particular social cause, rather than to make a profit
Philanthropy
The practice of giving money, time, or other resources to help make life better for other people. Focuses on eliminating social problems as opposed to supporting victims of the problems
Service Learning
Combines learning goals and community service to foster student growth while contributing to the common good
Volunteer
Someone who generally works part-time in service of a company or organization, without pay
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