Philanthropy

Updated 8 months ago

Philanthropy- is private contributions to humanity, vs. business or government contributions. It is according to Webster “an act or gift done for humanitarian purposes.Who?- Anyone can practice philanthropy. Frequently we use the word to mean giving by foundations or endowments. They give many thousands, even millions, of dollars to museums, schools, camperships, the hospital and other ‘non-profit’ organizations. But anytime you give. And according to one article, two-thirds of Americans gave in 2008. Why? – We give because we remember being in a tough spot ourselves and want to relieve the pain for others. We give to have a tax break. We give to feel a sense of satisfaction. These are some of the many reasons to give but there are still needs this Christmas and there is still time to give. Many organizations such as the Good Shephard Food pantry, Manna, and Penquis’ Christmas is for Kids need your help especially at this time of year. But there are other places that could also use your help.Make sure you do your research on the organization but make the season more lovely with your philanthropy. Citations:Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com Check out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com Vote Norumbega Financial for Bangor’s Best Financial Planning Firm at Market Surveys of America Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc. and Norumbega Financial an all other companies listed herein are separate entities, independently owned and operated.


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