philanthropy

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Exploiting loopholes can be a losing strategy | David Mitchell

Published by Anonymous (not verified) on Sun, 12/09/2021 - 7:00pm in

From the Frome Town FC raffle to the honours system, we tend to object when charitable aims become too transactional

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Is Billionaire Philanthropy a Sham?Remember when Jeff Bezos was...

Published by Anonymous (not verified) on Wed, 01/09/2021 - 7:52am in

Is Billionaire Philanthropy a Sham?

Remember when Jeff Bezos was showered with praise for donating $100 million to food banks last year?

That may seem like a lot, and it is. But once you consider all that Bezos has raked in during the pandemic – including making $13 billion in a single day in 2020 – it’s a few hours of his earnings. 

It’s not just Bezos. Billionaires like Bill Gates and Warren Buffet also receive lots of praise for their “generous” charitable giving.

The truth about billionaire philanthropy is it isn’t charity. Its public relations, often used to cover up their exploitative business practices, shield their wealth, and deflect attention from all they money they pour into lobbying and campaign contributions to assure that their taxes remain historically low. 

These so-called “charitable contributions” are also tax-deductible, meaning you and I are subsidizing them. I don’t know about you, but I believe taxpayers should be deciding where their tax dollars ultimately go.

America doesn’t need their charity. We need them to pay their fair share in taxes 

The Shame of the Sacklers

Published by Anonymous (not verified) on Wed, 11/08/2021 - 2:59am in

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Yale, philanthropy

Today a federal judge is expected to certify Purdue Pharmaceutical’s bankruptcy plan – a $4.5...

Giving Back to Themselves

Published by Anonymous (not verified) on Tue, 23/06/2020 - 1:03am in

Police foundations exemplify the logic of racial capitalism.

Rich pickings in China’s wealth rankings

Published by Anonymous (not verified) on Wed, 03/05/2017 - 9:01am in

There are more billionaires in China than anywhere else. Unsurprisingly, Chinese universities are now ranked by how many they produce.

The post Rich pickings in China’s wealth rankings appeared first on Wonkhe.

Turnbull Govt Takes Positive Stand on Impact Investment

Published by Anonymous (not verified) on Wed, 21/10/2015 - 11:15am in

Venture Philanthropy Fund Launches in Queensland

Published by Anonymous (not verified) on Wed, 21/10/2015 - 9:53am in

$2.5 Million in Philanthropy Funds Breakthrough Cancer Research Technologies

Published by Anonymous (not verified) on Tue, 20/10/2015 - 10:52am in

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philanthropy

Make Way for Philanthropy University

Published by Anonymous (not verified) on Tue, 20/10/2015 - 10:43am in

Government Funds Philanthropic Partnerships

Published by Anonymous (not verified) on Thu, 08/10/2015 - 11:06am in

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