You Dont Have to Be Rich to Be a Philanthropist

you-don8217t-have-to-be-rich-to-be-a-philanthropist Published 1 month ago Views (15) Finance

It is no secret that a lot of the world’s richest people are also some of the most generous philanthropists. One of the most notable is Microsoft CEO Bill Gates. He contributes to various sectors using the Bill & Melinda Gates Foundation. Apart from his contributions, contributions from other high-profile businessmen fund this foundation. Through this charity, grants have been provided for health care and education initiatives to combat polio, build educational infrastructures, and more.

It’s Possible

While these rich people obviously have a lot of extra money and resources to give to charity, it is not all that impossible for regular people with limited funds to set up and support their own charitable initiatives. The key to being able to run a prosperous charity that you can’t completely fund by yourself is to seek help from other people. This can be done by doing crowdfunding.

Concept

The concept of crowdfunding is, in a sense, similar to crowdsourcing. In crowdsourcing, you obtain donors for money or any other needed resource through the internet. Crowdfunding seeks to raise funds to support a specific program, usually for non-profit initiatives. There are other people like you who are interested in the same causes...

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Courtney Milan writes books about carriages, corsets, and smartwatches. Her books have received starred reviews in Publishers Weekly, Library Journal, and Booklist. She is a New York Times and a USA Today Bestseller.

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