What Exactly Did the Venture capitalist Do With Their Donation?
What exactly did the philanthropist do with their money? Philanthropists frequently believe that their funds are theirs alone. Some philosophers, however, argue that each individual has the right to use his or her money and resources as he or she sees fit. Nonetheless, one of the twentieth century's most influential philosophers argued that justice is a matter of fairness. Citizens, according to Rawls, have a moral obligation to care for society's vulnerable members. According to Ian Mitchell King , the great depression of the nineteenth century in the United States encouraged philanthropy, and people began to donate to various charities and causes. Wealthy industrialists donated their warehouses to the poor and even provided funding for bread lines. Furthermore, many local community chests relied on public donations to assist the poor. The American Red Cross was eventually established to alleviate the suffering of the poor. Donating money to a nonprofit organization is the mos...