Corporate Social responsibility Case Study

Private Philanthropy in the US: Fashion Statement or Helping Hand?

OR

Abstract:
Over the years, America had earned the recognition of being the most generous nation in the world. The new millennium had seen the number of donors and the size of donations in the US rise dramatically, leading to analysts stating that the US was once again on the threshold of a “new golden age of philanthropy”.

Philanthropy was ideally meant to remove the existing inequalities between the rich and the poor. Yet, the real situation in the US, inspite of the increasing generosity of the growing super-rich was far from the ideal. Improper channeling of funds and undefined motives were to a certain extent widening the divide between the rich and the poor.

The situation made one wonder as to whether the US was seeing a "new golden age of philanthropy” or "the failure of philanthropy."

Pedagogical Objectives:

• To understand the role of charity/philanthropy in economic development
• To draw attention to the deficiencies inherent in the US public policy relating to philanthropy.

Keywords : Corporate Social Responsibility Case Study, Philanthrophy, Charity, Volunteer, Wealth, Foundations, Donors, Donations, Venture, Philanthrophy, Civil society, Relegion, Education, Nonprofit, Public Policy, Giving Millionaries