Education par excellence: Developing personal competencies and character through philanthropy-based education |
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| Authors: | Marsha M. Huber Shirine L. Mafi |
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| Affiliation: | 1. Williamson College of Business Administration, Youngstown State University, One University Plaza, Youngstown, OH 44555, USA;2. Department of Business, Accounting, and Economics, Otterbein University, One South Grove, Westerville, OH 43081, USA |
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| Abstract: | This teaching note presents an innovation in accounting education called the Philanthropy Project. 2 The Philanthropy Project emphasizes experiential learning and is designed to promote the learning of discipline-specific concepts while simultaneously addressing the social needs of the surrounding community. In the Philanthropy Project, students receive money to distribute to not-for-profit organizations (NFPs) based on a competitive proposal process they help to develop and administer. A distinguishing characteristic of this project is that it is not a simulation. Students make real decisions that have immediate consequences to certain groups of people in their own communities. They have to make difficult choices by allocating scarce resources to some agencies and saying “no” to other agencies, all with worthy causes. |
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| Keywords: | Service-learning Philanthropy Community engagement AICPA personal competencies Not-for-profit (NFP) accounting education |
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