Philanthropy vs. Charity: What’s the Difference?

It is quite common for people to use these two words as though they mean the same thing. While they are similar, there are very distinct differences between the two. Knowing these differences can allow people to know which approach will work best to achieve the goals they’re working toward when dealing with philanthropy and charity.

What is Charity?

What is Philanthropy?

Which Approach is Best?

Originally published at

Chart Westcott is Co-Founder and COO at Ikarian Capital, LLC a long/short equity biotech focused investment adviser. Read more at