Page 4 - Social_Philanthropy

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Introduction to the topic

Philanthropy is the action of performing charitable giving to worthy causes, it is the effort of an individual
or organization undertakes action based on altruism with the objective to improve human welfare.

Corporations add philanthropy to their actions through Corporate Social Responsibility, which makes
companies be social accountable taking responsibility for social, environmental and economic impact.

At European level, the European Solidarity Corps is the new European Union initiatives which creates
opportunities for young people to work or volunteer in projects to benefit the communities. The
programme aims the promotion of solidarity as value, mainly through volunteering and enhance the
engagement of young people and organizations in accessible and high-quality solidarity activities. The
project is a mechanism in strengthening cohesion, solidarity, democracy and citizenship in Europe, while
also responding to societal challenges and strengthening communities. These actions are managed partly
at the national level by National Agencies and partly at the European level by the EACEA, and the European
Union is responsible for European Solidarity Corps policies and oversees the overall programme
implementation (EACEA, 2020).