CMDV104 2024 Lecture 4 Philanthropy PDF

**CMDV104 OF 2024** **Week: 9** **Lecturer: Dr. Ntini** **Lecture 4: Philanthropy ( Guide to Reading:** Wong, k., Ong. P., and Zheng, W. 2014 -- 2016.) 1. **What is philanthropy?** - Benevolent behaviour in the form of charitable actions. - Giving back to the community -- religious and cu...

**CMDV104 OF 2024** **Week: 9** **Lecturer: Dr. Ntini** **Lecture 4: Philanthropy ( Guide to Reading:** Wong, k., Ong. P., and Zheng, W. 2014 -- 2016.) 1. **What is philanthropy?** - Benevolent behaviour in the form of charitable actions. - Giving back to the community -- religious and culturally inspired and ethical conviction 2. **Actions/Activities of philanthropy** - Giving money and assets donating - Volunteering time for no pay - Volunteering to help for no pay - Philanthropy refers to wealthy residents making contributions to the poor, their need, and disadvantages (Spero 2014) - Charity, which is not philanthropy, alleviates suffering, reduces poverty, hunger and decreases - Charity deals with symptoms of human challenges. - Philanthropy addresses structural sources of issues. - Philanthropy cultivates a reciprocal relationship between giver and beneficiary. - Charity has no reciprocal relationship 3. **Types of philanthropy** a. **Social change philanthropy** - Actions directed at political or institutional change - Actions target root causes of social ills - Donate to CSO - Aim is to promote social change b. **Charity philanthropy** - Engages in paying more for goods and services that can be found cheaper - Donates to wildlife conservation - Aim is to reduce immediate effects, symptoms, and effects of environmental disasters 4. **Who can we call philanthropy** - Donors - Funds/equipment - Rich people -- donate assets - Foundations - Charity organisations - Individuals - Super rich -- these amyl y low for some time and have a high impact when they donate big - Corporations - Volunteers 5. **To whom are donations made? /Recipients** - Religious charities - Education - Human services - Health - Organisations in environmental affairs and wildlife/Animals International Affairs 6. **Reasons for doing philanthropy** a. **Economic incentives** - Get discounts - Reserved spaces in national/important events - Buildings named after them - Accolades -- public recognition - Low tax b. **Psychological benefits** - Social rewards - Social incentives - Motivation from seeing results emerging from one's giving/donation - Recognition/internal satisfaction from in the records of philanthropists - Altruism (caring about outcomes after donating) psychological benefits, reputation, efficacy, values - Self-image (highly esteemed) - Values of social solidarity - Life purpose - Collective conscience - Building social trust - Prosperity outlook - Social responsibility - Creating a "generous identity" c. **Social capital** - People are influenced by the environment of giving or not giving - Influence of network structures - Social norms - Sanctions - Mutual obligation - Trust - Spread of information - The completion within - Collaboration and coordination d. **Social obligations** - Family/kinship relations - Class - Tribal - Formal school - Party e. **Peer influence** - A sense of belonging to a group - Church - Groups of organisations in philanthropy - Peer pressure - Social status - Moral obligation and community following - Code of conduct of family - Church - Web of schools added f. **Religious motivations** - Church/religious practices influence philanthropic behaviour - This has been core in protestant and Jewish, Catholic Church Organisations g. **Civic engagement** - Motive to create solidarity among members of a society - To form civic organisations to voice concerns in all spheres of human life.............................................................................................