The hefty sums many billionaires give away place them in an age-old debate about wealth and charity – and whether it’s appropriate for donors to have a say over their wealth from the grave.
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The founder of the now-defunct exchange for trading cryptocurrencies believed in ‘earning to give.’
Some of the largest donations made in 2021 went to donor-advised funds, financial accounts known as DAFs.
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.
Millions of people gave money to Biden, Trump or both. What they get – or not – for their donations points to the real problems with America’s system of campaign finance.
When the only fixes getting funded are designed to leave the status quo intact, the results of philanthropy inevitably fall short.
Top contributors
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Professor of Management & Organizations; Professor of Environment & Sustainability; Professor of Sustainable Enterprise at the Ross School of Business and School of Environment and Sustainability, University of Michigan
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Professor of Political Science, Clark University
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Fisher Designated Professor of Accounting, The Ohio State University
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Assistant Professor of Public Administration, University of Nebraska Omaha
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Professor of Public Administration, Binghamton University, State University of New York
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Applied Statistician of Philanthropy, Indiana University
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Associate Director of Research, Indiana University Lilly Family School of Philanthropy, and Managing Editor, Giving USA, Indiana University
