Recent News on Philanthropy and the Wealthy (some links may require subscriptions):
Pretty sure nobody missed this one, but just in case: The New York Times compares today’s wealthiest with the barons of the Gilded Age.
The Wall Street Journal’s “Wealth Report” defines a new acronym: YAWNS (“Young, Wealthy but Normal”).
CNN tracks celebrity donations to political candidates.
Donors’ multimillion pledge to go towards enhancement and expansion of school’s planned giving effort (Ohio Wesleyan).
The Senate Finance Committee scrutinizes the Robin Hood Foundation for investing it’s “nest egg” in Board Members’ hedge funds. The Wall Street Journal’s Wealth Report had a different take on the issue. Nonetheless, by the end of this week, the Robin Hood Foundation had announced that it would stop investing in its donors’ and members’ hedge funds.
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