Here are a few of the recipients of the philanthropic activities of firms

Every philanthropic cause is important in its own way, and collectively they can all make contributions to a far better society for everyone; below you will come across some reflections about three examples.

One of the main reasons why our standard of living and longevity has improved a lot in the past century is as a result of the revolutionary scientific developments which have literally allowed to save lives. For this reasons, healthcare and medical research tend to be among the most popular charitable causes that individuals and corporations donate to. As there is usually room for advancement, this is likely not to alter anytime soon, and the medical industry has been among the biggest causes to support in 2019 and in previous years. With major firms such as Morgan Stanley and HSBC deciding to fund hospitals and make treatments available, as well as allowing further research to take place, we can just anticipate this sector to evolve down the line.

In order to have an equal, successful society, it is crucial that every single one of its members can have access to the same resources. In an ideal world, this would undoubtedly be the case, but for a variety of reasons it is not always possible. Therefore, corporations often decide important causes to support in order to make this a reality. A good quality education for all is the first step to donate individuals across all socio-economic backgrounds the fundamentals to succeed in life, and companies like La Caixa and BEA have oriented their philanthropic assistance to make standard education accessible in remote regions, where it might be harder to provide this service. Among the assorted methods to make this happen, consistent training for teachers, benefits for parents to send their children to school and be involved in their homework, childcare after school, and helpful resources are some of the tangible helps which might be funded.

Many times, the types of charitable causes that individuals and companies decide to support are the ones that may not obtain enough support from the existing system. For instance, the arts are frequently a renowned selection when it comes to funding, be it sponsoring an art gallery to ensure that men and women can visit it at an cost effective price, or assisting a theatre to put on a series of insightful and relevant pieces, as is the case with firms like American Express and BofA. Art can be a way of showing concepts and feelings that transcends language barriers and borders, and therefore it is vital that individuals of all background can have access to it and learn how to enjoy it. Whether it be to learn about history or simply realise the aesthetics of modern artists, the value of art in our current society should never ever be understated.

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