This book explores how philanthropy is perceived and practiced in a predominantly Muslim society. It is the first academic quantification of philanthropic giving and volunteering using a representative sample of the Egyptian population, providing the reader with a quantitative and qualitative analysis of the state of philanthropy in Egypt. The book discusses traditional and religious philanthropic mechanisms and provides a thorough explanation of the waqf system, how it is perceived today, and how it could support innovation. Furthermore, as a solid direct product of the research embodied in the creation of a community foundation, it discusses reviving and modernizing the concept of waqf, thus elaborating an example of how academic studies may be employed to create proto-types for learning and calculated action.