Philanthropy is merely the practice or action to help others or to improve the welfare of the people. Generosity in simpler terms shown through donations either by providing money, offering voluntary services, or properties (Southcott, & Joseph, 2017). Charity donations and actions are illustrations of philanthropy. The question of how philanthropy can change the world is more comfortable to answer by reviewing some of the philanthropic practices that have transformed the world.
Bill Gates popularity in a world that people are critical on the roles the wealthy play in the society is admirable. The widening gap between the rich and the unfortunate result in negative view of the billionaires but not billionaires such as Gates. The Bill and Melinda Gates Foundation is an example of the critical contributions that Bill Gates and his wife make to improve the living conditions of the poor, help reduce malaria and promote the economic advancement in most parts of Africa and Asia. The over $4billion annual donations by BMGF is the most significant private philanthropic foundations (Bladd, 2016). The accountability of the funds and ability to achieve its objectives is clear that philanthropy can change the world.
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The donations made on medical studies and funding over the years have reduced deaths and enhanced the living conditions of the poor. For instance, the Rockefeller’s foundation provided funds for yellow fever studies and immunization thus eliminating the dangers posed by the virus (Thümler, 2017). In the Middle East, many billionaires in the area donate money to improve the financial standards of women and aided in providing medication for cancer patients.
It is evident from the examples depict that charitable acts enhance the lives of the economically challenged and provide the ground to improve the health, economic standards, and general social benefits. The examples focus mainly on finance but the sharing of information, donation of organs, and services such as charities to care for the old would improve the world. The emphasis on business to improve their corporate social responsibilities by engaging in environmental friendly ventures, building hospitals and schools are charitable acts intended to change the world by caring and helping people (Thümler, 2017). In conclusion, it is clear that philanthropy changes the world by improving health, economic, and social welfare.
References
Bladd, J. (2016). Bill Gates' $2.5bn plan to fight poverty . Philanthropy Age . Retrieved November 10, 2017, from http://www.philanthropyage.org/finance/bill-gates-25bn-plan-fight-poverty
Southcott, J., & Joseph, D. (2017). Changing the world one voice at a time: philanthropy and community choirs in Australia . Taylor & Francis . Retrieved November 10, 2017, from http://www.tandfonline.com/doi/abs/10.1080/17510694.2017.1324117
Thümler, E. (2017). Philanthropy in practice: Pragmatism and the impact of philanthropic action .
