As giving receded to pre-pandemic levels, most of these gifts were designated for foundations, higher education, hospitals and medical research.
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Articles on Giving Pledge
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More than 350 billionaires have signed on so far.
The approximately $12 billion she’s given away in the past two years has shattered conventions, explains a philanthropy historian.
News about how little income tax some of the richest Americans reportedly pay is adding to questions about the value to society of their massive charitable donations.
Rather than pump money into a broken system, people like Jeff Bezos and Charles Koch could use their money to help fix it – by insulating politics from money.
By not attaching any strings to the money, championing representation and generally taking care to respect nonprofit leaders, she’s following five best practices.
A careful review of more than 200 letters written by the wealthy people who signed the Giving Pledge over its first decade suggests a big contradiction.
Some, like Melinda Gates and Priscilla Chan, became affluent through marriage. Others, like Oprah Winfrey, earned fortunes on their own.
Australia is about to witness the largest intergenerational wealth transfer in our history, but giving through bequests in wills is currently low.
The US$2 billion that the Amazon founder and his wife are donating to help the homeless and educate young kids may appear selfless. But this money may also soften calls to raise taxes on the rich.
Amazon’s founder turned to Twitter to crowdsource ideas for his charitable giving. This populist approach and his preference for short-term results set Jeff Bezos apart from other mega-donors.
Top contributors
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Associate Professor of Nonprofit Leadership, Seattle University
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Professor of Public Administration, Binghamton University, State University of New York
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Research Fellow, University of Oxford
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Professor, North Carolina State University
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Adjunct Industry Fellow, Centre for Social Impact, Swinburne University of Technology
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Professor of Philanthropic Studies, Indiana University
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Professor of Management & Organizations, Environment & Sustainability, and Sustainable Enterprise, University of Michigan
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Associate Professor of Philanthropic Studies, Indiana University
