high-wealth donors
Worse than Wasteful: Bad Philanthropic Habits
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Great wealth combines with an overinflated sense of philanthropists’ wisdom to threaten those they claim to help.
Philanthropy
Philanthropy, Democracy, and the Weird Civic Playground of Nonprofit Museums
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The pernicious effects of the nation’s growing inequality undermine democratic practices not only in government, but within the nonprofit sector, such as among museums.
high-wealth donors
Is Big Philanthropy Democracy Deferred? Global Study Shows the Power of the Ultra-Rich
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A new study from the Harvard Kennedy School claims we are living in a “global age of philanthropy” and offers a detailed look at where and how philanthropic dollars are moving through the economy.
Philanthropy
Los Angeles Philanthropists Invest in City’s Public Schools for the Long Haul
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Ten years ago, the Lundquists made waves when they decided to invest $50 million into a nonprofit designed to boost existing Los Angeles public schools. Now, they’re investing another $35 million. A long-term approach, they contend, is key to achieving results.
psychology of giving
Psychological Findings Show Why the Rich Aren’t More Generous
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The wealthy may be celebrated for their giving, but wealthy Americans give proportionately less than poor Americans. This is just one reason why relying on philanthropy rather than taxation to address social problems is inadequate.
Jeff Bezos
To What Nonprofit Did Jeff Bezos Finally Give His Most Recent Contribution?
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Jeff Bezos is now the richest man in the world, but his formal philanthropy has always been restrained. Still, that does not mean his civic interests aren’t active and coherent, as this latest grant may indicate.
Philanthropy
Former DC Mayor Calls on Philanthropy to Follow City Officials’ Lead
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Former Washington DC Mayor Anthony Williams suggests one way to have a more socially conscious philanthropy is for elected city officials to take change and strategically guide foundation largesse. Is this a good idea, or an appallingly bad one?
billionaire philanthropy
What to Do About the Philanthropic Motivations of the Uber Rich—Yes, They Are Different from Ours
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With a class of ultra-rich philanthropists becoming ever more prominent in the public eye, nonprofits ask: What motivates them, and what does it mean when their budgets control ours?
Philanthropy
Philanthropy on OxyContin: Does Charity Cleanse This Family’s Complicity in the Opioid Crisis?
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Is money made from intentionally or recklessly exploiting people and environments by business moguls acceptable when some gains are given to charity? It is an age-old question, horribly illustrated by the Sackler family’s philanthropy, since much of their money has been made in pushing opioids.
George Soros
Soros Gives $18B to Foundation to Support “Open Society” Vision of Democracy
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George Soros doubles down on his philanthropy, leading Open Society Foundation to become the nation’s second-largest foundation after Gates. But, there are many other things to note about the evolution of this unusual philanthropy.