Philanthropy and the Family Business


credit: Flickr

The author of the article argues that capitalism is the best system for our society in the United States. He cites failing socialist societies, such as Portugal, Greece and Italy to counteract the notion supported by today's youth that socialism is the best way to go.

He then goes on to describe our system as "philanthropic capitalism," rejecting the name "welfare capitalism." He supports this nomenclature by describing that the wealthy in our nation, for the most part, instead of being required to pay high taxes for certain benefits to the less fortunate, choose to give to charities.

He argues that this is more beneficial than socialism, and that many successful family businesses give back to the community in form of community donations. This can involve new buildings or donations to neighborhood initiatives. The author lists examples of Wisconsin small businesses that have given back to the community.


Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Philanthropic Follies

The Wall Street Journal profiles the new book \"The Good Rich and What They Cost Us.\" According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that...more

Financial Aid Information Session Hosted by Kalamazoo Community Foundation
Foundation: Kalamazoo Community Foundation

The Wall Street Journal profiles the new book \"The Good Rich and What They Cost Us.\" According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that...more

As Asian-American Population Grows So Does Philanthropy in the Communities
Foundation: American India Foundation, Korean American Community Foundation

The Chronicle of Philanthropy highlights a New York Times article focusing on the growth of Asian American philanthropy. Asian-Americans who have built fortunes in finance and technology are...more

Mary Kay Foundation Awards Grants

Waypoint Madge Phillips Center Shelter has recently received a $20,000 grant from The Mary Kay Foundation in observation of National Domestic Violence Awareness Month in October. According to Anne...more

Paulding Education Foundation Awards $7,500

Paulding Education Foundation has recently awarded $7,500 to Paulding schools as a result of the foundation\'s School Grant Program. Recipients include South Paulding High School, Austin Middle...more

Make-A-Wish Foundation Crapo Park Walk Fundraiser

The Make-A-Wish Foundation will be holding its big fall fundraiser, a walk around Crapo Park in Burlington to help grant wishes of children with life-threatening illnesses, raising on average $8,600...more


Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.




Human Services Jobs in Hawaii

  Education Jobs
  Social Services Employment
  Social Services Jobs
  Executive Director Jobs
  Fundraising & Development Jobs


Federal Government Grant and Assistance Programs


Investing in People in The Middle East and North Africa | Transformation Initiative Research Grants: Natural Experiments | Public Education for Peacebuilding Awards Program | Indian Graduate Student Scholarships | Research, Treatment and Education Programs on Lyme Disease in the United States | Law Enforcement Assistance_Uniform Crime Reports | Independent Education and Science Projects and Programs | Capitalization Grants for Drinking Water State Revolving Funds | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders