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The difference between charitable giving and philanthropy is because of the need for a large financial commitment. Philanthropy Giving is principally something done by rich people where a trust and promise is set up for a specific cause to mind, which they aim to help as much as humanly possible and make a real change.
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Many charities are taking care of less lucky children. In youngsters charities, they will not give the money right to the youngsters. Of course, children are not mature enough in handling cash.
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