Results List
-
US billionaires pledge 50% of their wealth to charity
Source: BBC News
Thirty-eight US billionaires have pledged at least 50% of their wealth to charity through a campaign started by investor Warren Buffet and Microsoft founder Bill Gates. They include Mayor Michael Bloomberg, CNN founder Ted Turner and entertainment executive Barry Diller. "The Giving Pledge" lists all…
Resource type: News
-
Philanthropists Set Spending Deadlines
Source: The Wall Street Journal
Original Source By SHELLY BANJO A growing number of philanthropists are adopting spending deadlines and sunset provisions to ensure urgent global needs are addressed in a timely way. By granting the entirety of funds within a certain period of time, these charitable efforts are looking…
Resource type: News
-
Rich man? No, a poor man
Source: The Irish Independent
Original Source By Susan Daly The great philanthropist Andrew Carnegie once said that inheriting a fortune was a curse. Cast one eye over the troubled offspring of assorted rock stars, billionaires and celebrities and Carnegie's words ring true today. Now a new generation of Daddy…
Resource type: News
-
A man with so much to spend but so little time
Source: Financial Times
One evening last spring, as a fierce north-easter tore through the New York region, Gara LaMarche settled in to watch The Sopranos and bake batches of muffins. The next morning, baked goodies safely stowed in Ziploc bags, he set off for the offices of The…
Resource type: News
-
Why Donating Millions Is Hard To Keep Secret
Source: Wall Street Journal
Anonymous Gifts Are Growing, But Groups Are Under Pressure To Reveal Benefactors' Names As anonymous giving to charities increases, it's getting harder for donors to maintain the anonymous part. Wealthy philanthropists last year made 37 gifts of $5 million or more without publicly revealing their…
Resource type: News
-
How Long Should Gifts Just Grow?
Source: New York Times
As nonprofit institutions have seen donations and investments grow spectacularly in recent years, the urge to keep the money rolling in is being supplemented by a new pressure: make it flow out faster. Politicians, consultants, watchdog groups and even some philanthropists say that foundations, universities,…
Resource type: News
-
A Time to Serve
Source: Time Magazine
As the Constitutional Convention of 1787 came to a close, after three and a half months of deliberation, a lady asked Dr. Franklin, "Well, Doctor, what have we got, a republic or a monarchy?" "A republic," replied the Doctor, "if you can keep it." -…
Resource type: News
-
Families Wrestle With Closing Foundations
Source: Wall Street Journal
By Sally Beatty Wealthy families are setting up new philanthropic foundations in increasing numbers, but they are also shutting them down at an accelerating pace. Some of the biggest names in philanthropy are backing the idea of setting a time limit on their giving: The…
Resource type: News
-
New award honors Feeney for entrepreneurship, generosity
Source: Cornell Chronicle
By Kathy Hovis Charles F. “Chuck” Feeney ’56, founding chairman of The Atlantic Philanthropies and the university’s most generous donor, will be the first recipient of a new Cornell award created in his name to honor successful entrepreneurs who have dedicated their lives to giving…
Resource type: News
-
New award honors Feeney for entrepreneurship, generosity
Source: EZRA
By Kathy Hovis Charles F. “Chuck” Feeney ’56, founding chairman of The Atlantic Philanthropies and the university’s most generous donor, will be the first recipient of a new Cornell award created in his name to honor successful entrepreneurs who have dedicated their lives to giving…
Resource type: News