Three differing areas of philanthropy and their effects

Charity helps to fund so many different areas of research, and this post will look at three of the most important.

One of the most reviewed matters internationally is of the environment and the consequences climate change is causing. It likewise helps to explain why there is more environmental science charity than ever before. The majority of the investment for this type of research comes from universities or from governments, however individual charitable donations also make a large difference. This is just one field which shows how philanthropy can change the world. Through donating, and founding his own charity, Johan Eliasch has helped protect areas of the Amazon from logging. Measures such as these are essential in the conservation of wildlife and the environment in general. Some funding may go into the research of technologies that improve our carbon footprint, such as renewable energy or boosting the efficiency of our vehicles. A lot of the inventions that are made in the environmental industry started from other parts, such as wind turbines coming from military organisations striving to improve jet engines. Although, with specific charitable donations to environmental organisations, improvements in things such as climate change will be much faster.

Possibly the most crucial form of charity is medical philanthropy, which of course helps millions of people each day all over the world. As medical science is such a research-based area, the contributions made by charitable people, such as Michael De Picciotto, make a large impact in sourcing cures and better treatments. Healthcare philanthropy makes up a big portion of the financing for different research establishments, including the largest ones such as the main cancer research trust in the UK. Without the generous donations, many of the breakthroughs in the past that have transformed millions of individuals lives would not have been made. So many foundations funding medical research will finance the medical departments of leading universities which perform a lot of the research.

While universities in the UK receive large volumes of financing from pupils, and the government, but they also receive philanthropic donations from alumni. The cost of running a institution is not covered by the rates paid by students, which is why the government in the UK subsidies the costs. However, so many bigger projects at universities, such as building constructions or financing of a brand-new department is partly funded by alumni in the shape of charitable contributions. Not all charitable donations are made by alumni however, such as the charitable donations made by Peter Cruddas to help fund students’ training; without charitable donations such as these so many students would not be able to afford university. While he is not the most famous philanthropist, the charitable contributions made can make a huge improvement to people’s lives. Charitable contributions may also be made to schools which the wealthy previously went to; supporting of schools often goes further as their budgets are not as large as their university equivalents.

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