Co-Authored by: Kourilsky, M.

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Entrepreneurship has unexpected effects on philanthropy, society, and education. Entrepreneurs do not start out to become philanthropists but they often assume that role when a business becomes successful (direct effect). Entrepreneurs also enrich their associates and business investors, who also contribute to philanthropic wealth (indirect effect). The wealth of entrepreneurs and their associates is the main source of funding for private foundations, which often fund educational initiatives....