Marcia runs a foundation that is endowed by a large corporation. She r

QUESTION

Marcia runs a foundation that is endowed by a large corporation. She reviews grant proposals from nonprofit organizations and distributes funds to them based on the corporation’s social priorities. What activity best describes Marcia’s work?

A) sustainability
B) cause marketing
C) philanthropy
D) corporate social responsibility
E) social entrepreneurship

ANSWER

Answer: C
Explanation: C) Philanthropy is the practice of making charitable donations to benefit humankind.