From the course: Nonprofit Fundraising: A Beginner’s Guide
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The evolution of giving
From the course: Nonprofit Fundraising: A Beginner’s Guide
The evolution of giving
- Did you know that Benjamin Franklin started the first ever volunteer fire department in Philadelphia? Many historians consider him to be the founding father of American volunteerism. This act led the way in making public service a civic responsibility. Charitable giving is part of the United States DNA and nonprofits give to societies in ways that corporations cannot. Corporations function to generate profit for the sake of profit, while nonprofits exist to generate profit for the sake of the greater good. Although our nation has a natural tendency to rally around a cause, it wasn't until World War II that nonprofits became a vital aspect of our economy. Over 90% of current nonprofits were established after 1950. Worldwide, most non-governmental organizations known as NGOs have come into existence in the past 30 years. Today, United States nonprofits and NGOs are a well-defined economic sector and the most rapidly growing…
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