What is a common goal of philanthropy?

A common goal of philanthropy is the encouragement of social equity. Philanthropy often aims to address societal issues and reduce disparities by providing support and resources to underserved communities. This may involve funding educational programs, improving healthcare access, or supporting initiatives that foster inclusivity and equality.

By focusing on social equity, philanthropic efforts work towards creating a more just society where individuals have equal opportunities, regardless of their background. This aligns with the ethos of many nonprofit organizations and charitable initiatives, which strive to create positive social change rather than focusing solely on profit or business interests.