Philanthropic purpose: benevolence may target public welfare or defined class benefits, excluding purely private advantage. The legal concept of philanthropic denotes benevolent acts showing goodwill to humanity and encompasses purposes that promote general welfare. It also ... Summary
Philanthropic purpose: benevolence may target public welfare or defined class benefits, excluding purely private advantage.
The legal concept of philanthropic denotes benevolent acts showing goodwill to humanity and encompasses purposes that promote general welfare. It also admits narrower applications where a philanthropic purpose benefits a well defined class or community, but excludes acts conferring benefit solely on a few individuals as not falling within philanthropic or charitable use.
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