July 18, 2011; Source: The Washington Post | Consider this a placeholder. The president will meet with Bill and Melinda Gates and Warren Buffett on their Giving Pledge initiative “to discuss how private philanthropy can be funneled toward national challenges”. This simple positive statement papers over a lot of concerns that have been raised regarding the potential of undue influence over public systems being exerted by billionaire philanthropy. Please see these Newswires (here and here) on the criticisms of billionaire philanthropy in public systems.—Ruth McCambridge
About The Author
Ruth is Editor in Chief of the Nonprofit Quarterly. Her background includes forty-five years of experience in nonprofits, primarily in organizations that mix grassroots community work with policy change. Beginning in the mid-1980s, Ruth spent a decade at the Boston Foundation, developing and implementing capacity building programs and advocating for grantmaking attention to constituent involvement.