Philanthropy

Philanthropy refers to

• Giving money, time, & services to make other's lives better

• The study of money management principles

• The principle of compounding your money for growth

• Donating to a good cause in order to receive the tax savings

Which is a common reason that people decide to do volunteer work? (hint: choose 2 correct answers)

• You learn from people who are more fortunate than you

• It is a way to earn additional income

• You are making a difference in the world

• You are able to help people less fortunate than you

What is a benefit of donating your voice to a charitable organization? (hint: choose 3 correct answers)

• You can help raise awareness

• You get a personal business benefit

• You can encourage others to donate

• You are supporting a good cause

Which is NOT an example of an in-kind partnership?

• A hairdresser offering free haircuts to a senior citizen home

• An annual monetary donation to the Humane Society

• An electrician fixing the wiring at a community group office

• Grocer providing drinks to junior football players at a game

True or False: Social media is not a good medium to raise public awareness.

• True

• False

Which is a safety precaution to take when donating money to a charity? ( hint: choose 4 correct answers :)

• Never agree to donate over the phone

• Check the BBB Charity Guide

• Never give your debit/credit card number over the phone

• Google the person/organization to see if they are legit

If you think you've been the victim of a charity scam, you can file a complaint with the

• Consumers Union

• Federal Communications Commission

• Federal Trade Commission

• Federal Drug Administration

What is the purpose of a website like Charity Giver?

• Evaluates charities showing where donations is being spent

• A way to donate to a cause of your choice

• It accepts anonymous donations to various charities

• It is an agency that oversees all charitable giving

What is crowdfunding?

• The act of donating money to a specific charity

• Raising small amounts of money from large groups of people

• Holding a large fundraiser of over 200 people

• Asking for one large donation via a social media platform

Which is NOT a crowdfunding website?

• GoFundMe

• Kickstarter

• LinkedIn

• Crowdrise