Definition
An endowment is a permanent asset of an organization that is invested to earn income. The money to build the endowment can come from many sources. Many times, an individual...
Biographical Highlights
As an average American but an extraordinary philanthropist, Matel Dawson Jr. (1921-2002) died only a few months after his retirement, having given away $1.3 million dollars to charity over...
Biographical Highlights
Paul Cuffe (1759-1817) was an educated man with farming property, a fleet of ships and a successful shipping business on the coast of Massachusetts. He was an African American...
Definition
The Council on Foundations is a nonprofit membership association of grant making foundations and corporations in the United States and other countries, founded in 1949...
by Kate Luckert, with updates by Bridget McGuiggan
Definition
The Council of Michigan Foundations is a community of philanthropists committed to improving outcomes for Michigan, and beyond. The first stop for Michigan philanthropists, CMF connects...
by Emily Nelson
Definition
Corporate Social Responsibility (CSR) is defined as “actions through which businesses meet the expectations of society in any particular time” (Burlingame 2004, 104). CSR is also referred to as corporate philanthropy,...
Definition
Community Needs Assessments seek to gather accurate information representative of the needs of a community. Assessments are performed...
Definition
Community capital has been defined as the "banked good will that helps build trust between various groups within a community."1 Community capital is also...
Definition
Common good is difficult to define because it can mean different things to different people. These are just a few examples:
Webster's Dictionary defines common good...
Definition
Civic virtue is morality or a standard of righteous behavior in relationship to a citizen's involvement in society. An individual may exhibit civic virtue by voting, volunteering,...