Charity vs. Philanthropy
for May 20, 2020
Although to many, the terms philanthropy and charity are used interchangeably, these two terms are quite different. Both are based upon the concept of caring for humankind. However, charity is often triggered by an emotional response with an immediate action taken to bring relief or rescue. While philanthropy is focused on a more long-term strategic effort with the focus of rebuilding and sustaining.
When we discuss helping those experiencing chronic homelessness, we can see how these two concepts are both necessary yet different. There are times when people need immediate assistance such as shelter, a meal, clothing, and shoes. Those necessities are critical, and we need people and organizations to support and carry out those efforts. We also need organizations that look at this collaboratively and strategically establishing long term plans to create permanent and affordable housing with a supportive community that will help change the trajectory of individuals lives in a sustainable manner.
As Legacy Collective believes in funding sustainable initiatives, our donor circles have given grants to support Community First! Village. Community First! Village is a great example of a philanthropic effort working towards a long-term strategic and sustainable solution To learn more about the 3 grants our donor circles have given to this effort, click here.
Legacy Collective is a registered 501(c)(3) non-profit organization. Our tax identification number is 87-1730864. You can find us on Guidestar here