On Thursday October 29th, Mr. Steven Casey from the MacArthur Foundation, and one of New Sullivan School’s principals for the day, visited our classroom. During his visit he spoke to the students about investing and saving money, he also spoke to us about philanthropy.
According to The Chronicle of Philanthropy,The MacArthur Foundation) recently gave 24 individuals each $ 500,000 for five years. To spend as they wish—-”No Strings Attached.”
Please respond to at least two of the questions below:
What is philanthropy?
Why do you think a company, like the MacArthur Foundation, would have the primary purpose of giving away money?
Imagine that you had to select individuals to give money to (and poverty or lack of money could not be criteria,) what sort of individuals would you choose to receive the grants?
Philantropy is the act of donating money to those in need and to people who are struggling to make it, like single parent moms and people who have lost their jobs in the economic crisis.
I think a company like the MacArthur Foundation would have the primary purpose of giving away money so that the ones who are struggling can have the same experiences as those who have not a worry, or need in life, and are more fortunate.
If I had to select individuals to give money to that weren’t in the same category as those who really needed it, I would give it to the people who have been avoiding bad influences in their life and have been doing the things they should but havent been reconized yet. I would do this because all of the people those type of people see on t.v who have a success story could be them also with help and faith.
Philanthropy is when you are charitable or you are donating something as an act of goodness, to helping someone in need.
I think that a company like the McArthur Foundation would have the primary purpose of giving away money because, they are giving it people that earned it and letting them know what it might be when they grow up to do with that money.
The sort of Indivisuals that i would select to give money to would be the hard working ones because, they deserve it. They are the hardworking Individuals getting paid to do what they are suppose to do.
Philanthropy is when a person gives money away for a charity or for other causes. You can win a Nobel prize for your acts of kindness. Bill Gates,Henry Ford,and Eli Lilly are all philanthropist.
The reason that the MacArthur foundation would give out money to low income children is to give them a financial boost to get a better education.
If I could give out money I would give it to people who work hard,help the community,follow the law and have the determination to better there life with this grant and not to spend it on junk.
Philanthropy is when you do an act of kindness. Whether its giving away money or giving away your time for someone or helping someone fix a problem that they have.
I think the primary goal of giving away money is so that young adults/teens can have a chance to go to good high schools and colleges. I also think there trying to do this to expand the teens minds on the subject of stocks and bonds so that will have more knowledge of spending and investing money wisely. This will help when they get 9th or 10th and they’ll know much more about it.