David Callahan
More books by David Callahan…
“What is clear is that this growing river of money will dramatically expand the size and influence of a new power elite of living donors that already wields enormous clout. One analysis by the scholar Kristin Goss found that nearly half of America’s top two hundred philanthropists—including many Giving Pledge members—have expressed an interest in shaping public policy.”
― The Givers: Wealth, Power, and Philanthropy in a New Gilded Age
― The Givers: Wealth, Power, and Philanthropy in a New Gilded Age
“Most media coverage of philanthropy doesn’t make much distinction among charitable gifts—and nor does the IRS for that matter. You get the same tax deduction whether you donate to a genuine charitable cause, say a food bank, or donate to a think tank with an ideological agenda.”
― The Givers: Wealth, Power, and Philanthropy in a New Gilded Age
― The Givers: Wealth, Power, and Philanthropy in a New Gilded Age
“It’s not uncommon for donors to make various demands in return for campus cash. In one case, the foundation of BB&T Bank offered $1 million for business education to Western Carolina University, a public state school in Cullowhee, North Carolina. Among the reported stipulations of the gift was that the university’s College of Business make Atlas Shrugged by Ayn Rand required reading for students. The school took the money.”
― The Givers: Wealth, Power, and Philanthropy in a New Gilded Age
― The Givers: Wealth, Power, and Philanthropy in a New Gilded Age
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