Charity vs. Philanthropy

Wednesday, July 12, 2006
Philanthropy, for all its good intentions, does not necessarily imply a personal connection with the needy person. It can and often does, but it doesn’t have to. Philanthropy is the more institutional, “big-picture” cousin of charity, which is the personal and direct connection to those in need. Andrew Carnegie building hundreds of libraries with the wealth he made in the steel industry, and being celebrated for it to this day, is philanthropy. Your Aunt Evelyn volunteering at the local church-operated hospice and sending the facility an annual donation of $150, in perfect anonymity, is charity.

Karen Woods examines Warren Buffett’s gift to the Bill and Melinda Gates Foundation and discusses the importance of his philanthropy while at the same time emphasizing the need for support of smaller, local charities that interact directly with those they help, creating accountable and personal relationships that effect change in people.

Read the complete commentary here.
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Buffett, Gates, and Stewardship

Wednesday, July 12, 2006
It is one thing to create wealth by using our gifts. This is a matter of knowledge. It is quite a different thing to know what to do with the wealth that has been created. That is where wisdom comes into the picture. Rev. Zandstra, a Senior Fellow with the Acton Institute, examines Warren Buffett’s recent gift of $31 billion to the Bill and Melinda Gates Foundation and offers words of hope that the Gates Foundation can use this wealth with wisdom, making a difference in the lives of those they seek to help.

Read the full commentary here.
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