Why Entrepreneurs Make Good Philanthropists

Entrepreneurs are often celebrated for their ability to innovate, take risks, and build successful businesses. However, beyond their entrepreneurial prowess, many successful business leaders also possess a deep commitment to philanthropy and are emerging as powerful philanthropists (think Bill Gates, Mark Zuckerberg, Pierre Omidyar). According to a study by Fidelity Charitable, entrepreneurs are <a href="https://www.fidelitycharitable.org/insights/entrepreneurs-as-philanthropists.html" rel="noopener ugc nofollow" target="_blank">more likely to donate</a> to charity than non-entrepreneurs, with 75% of entrepreneurs donating to charity compared to 52% of non-entrepreneurs. Additionally, the median annual donation of entrepreneurs is 50% higher than that of non-entrepreneurs. Lastly, entrepreneurs tend to give more of their time than non-entrepreneurs do: 61% of entrepreneurs want to be personally involved in charities, as opposed to just making financial contributions. <a href="https://medium.com/@kasey_lundquist/why-entrepreneurs-make-good-philanthropists-5af921a8fb15">Click Here</a>