Which of the following is an accurate statement about charitable giving (philanthropy) in the United States? A. Philanthropy is a recent development. B. There are no tax benefits associated with philanthropy. C. Most people do not find philanthropy personally satisfying. D. Philanthropy has a long history in the U.S.
D. Philanthropy has a long history in the US. The history of philanthropy dates back on the third quarter of the 19th century. A boom in the number of wealthy and millionaires during this time birth the scene for philanthropy. Their amass of wealth inspired the rich to give to charity.
