Five Facts to Know About Black Philanthropy
“Philanthropy”—the common understanding of this word often unknowingly dismisses the full spectrum of giving. The usual way in which individuals are primed to think about philanthropy is from an institutional perspective or a model where one person (traditionally a high-net-worth individual) gives money to many people. Although the meaning of the word has its roots in the Greek language, from the words “philos” meaning “love” and “anthropos” meaning “man” or “humanity,” the role of wealth and ability to donate large sums of money often supersedes the meaning, “love of humanity.”

Despite the systemic exclusion of the Black community from opportunities to build wealth and attain economic mobility in the U.S., the Black community has constantly embodied a love for humanity and a habit of consistently giving in monetary and non-monetary ways.

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