Part 3: Philanthropy

Philanthropy, Altruism & Socialpreneurship

What is Philanthropy?   What is Altruism?  

So what is socialpreneurship?

“Socialpreneurs are folks who pay attention to the world around them.  They recognize a need in their community or in society as a whole and then seek out ways to feed this need while still being able to turn a profit.

Give an example of a business or person(s) who are raising awareness or funds for a cause but also making a profit:

What do they sell/do?
How do they raise awareness/support for a community or global issue?
Have you ever purchased from or contributed to a socialpreneurial business?

Here is an example:

Toms Shoes was founded in 2006, and what began as a “One for One” shoe company, where one pair of shoes purchases translated into a pair given to impoverished children world-wide, they now also sell sunglasses (part of the profit goes to eye care to those in need) and now they sell coffee (clean drinking water is provided with the purchase). 

Charities and non-profit organizations are key elements of our society.  They give help in ways that government agencies are not always able.  They provide services, create learning opportunities, and generally are focussed on making our community a better place to live.

Not every charity is creating equal; however.  Depending on the size and scope of each charity or non-profit, funds received from donors are spent differently.

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