He was was a self-made, blue-collar millionaire in Reagan’s America. But when Percy Ross decided to give away his fortune, he made things simple: all you had to do was ask for it.
philanthropy
Jeff Bezos: Hero or Villain?
Is the man behind Amazon a benevolent benefactor or a manipulative monopolist?
Why Warren Buffett Funds Birth Control Research
Quietly, steadily, the Buffett family is funding the biggest shift in birth control in a generation. “For Warren, it’s economic. He thinks that unless women can control their fertility—and that it’s basically their right to control their fertility—that you are sort of wasting more than half of the brainpower in the United States,” DeSarno said […]
How the Clinton Foundation Was Born on a Private Plane En Route to Davos
Chevy Chase was on the plane with Bill Clinton. So was a former president of Brazil. The founders of Google. A former president of Mexico. And John Cusack. They were all going to Davos, the Swiss resort that holds an annual conclave of the wealthy and powerful. The jet — arranged by a Saudi businessman […]
Bill Gates and George Soros are handing out billions, but there are downsides to foundation giving: The new focus on metrics has brought with it a new breed of nonprofit and for-profit partnerships. Foundations such as the Omidyar Network, established in 2004 by eBay’s founder, Pierre Omidyar, provide both investments in for-profit companies and charitable […]
