The Giving Pledge: Public Promises, Private Delivery
Giving Pledge signers promised half their fortunes to charity. Fifteen years on, the founding class has given $206 billion — and gotten 283% richer. Here’s the arithmetic.
Giving Pledge signers promised half their fortunes to charity. Fifteen years on, the founding class has given $206 billion — and gotten 283% richer. Here’s the arithmetic.
Big-donor philanthropy is less about giving than structuring. A foundation must pay out 5% a year; a donor-advised fund needs to pay out nothing. Here’s how the money, status, and influence actually move.