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“It’s a way to rinse your name off of any kind of donation that could be perceived as controversial or something that you just want to keep anonymous publicly,” DeVaan said.
Melinda French Gates on our @IPS_DC Giving Pledge at 15 report findings: "I wish we had been even more successful with the pledge than we have been to date... I believe to whom much is given, much is expected, and they should be giving back more. Far more than they are."
On this week’s episode of The Big Interview podcast, the philanthropist offers her insights on billionaire donors, kids on phones, and the importance of women’s health care. wired.com/story/the-big-…
“One-third of all newspapers in America closed between 2004 and 2025. When newspapers close, local businesses commit more legal violations, local government borrowing costs grow because of decreased public scrutiny of spending decisions, people vote less…”…
Very interesting piece in The Baffler which offers up a Marxist history of literacy. Lots of Walter Ong Thought etc. thebaffler.com/salvos/we-used…
NEW: Since 2010, some 14% of our country's billionaires have pledged to give away at least half of their wealth. Instead, most of them have collectively grown far, far richer, IPS @inequalityorg researchers found. IPS scholar @bdevaan on @katiecouric: katiecouric.com/news/social-im…
It’s fair to ask, writes @David_Moscrop, “what good a several times–removed, tax-deductible donation from a tech billionaire does for someone struggling to make ends meet within an economic system designed by and for that same billionaire to preserve their wealth and power.”
Most Giving Pledge dollars never reached the public, flowing instead to private foundations and donor-advised funds while billionaires grew richer, bought reputations for generosity, and handed back scraps to the people who made their fortunes. jacobin.com/2025/09/giving…
I love wealth reporting, and we in the media are doing the best we can. But this is my yearly reminder that these stats about philanthropic giving are probably way, way off because of America's disclosure regime and philanthropy's culture of secrecy. forbes.com/sites/ellamalm…
Not surprisingly, Starbucks declined multiple requests for comment from @msainat1 of @guardian on our new CEO pay report. This quote from our co-editor @SarahDAnderson1 will help you understand why they took a pass.
talked with Mike Scutari @InsidePhilanthr about the indignities and contradictions of billionaire philanthropy, which both stagnates far too much tax-exempt $$ and dominates the nonprofit sector:
A new report by the Institute for Policy Studies found that Giving Pledge signatories prefer making gifts to intermediaries under their control instead of working nonprofits. Mike Scutari reports: tinyurl.com/436cyvms IP Related Resources: Grants for Racial Equity & Justice…
“Despite 15 years as Giving Pledgers, 32 of the original U.S. signatories are now—in aggregate—nearly three times wealthier, with a combined net worth of $908 billion.” philanthropynewsdigest.org/news/giving-pl…
Larry Ellison's concept of his 2010 Giving Pledge includes investing in businesses, not just making nonprofit grants. As @teddyschleifer and @nkulish note, "making money has always been easier for Mr. Ellison than giving it away." Great vibe check on for-profit philanthropy:
NEW: Larry Ellison is spending hundreds of millions of dollars on for-profit companies that he is calling his new charitable project. Ellison is now worth almost $300 billion — and is building a massive Oxford corporate entity to spend his fortune. Details with @nkulish.
if the Giving Pledge's cadence trends hold, we're on track to have tax-shielded, trillion-dollar, dynastic foundations with unfathomable power. big thanks to @eshugerman @sfstandard for talking with me about our new @IPS_DC report + checking in on the Bay Area billionaires!!
15 years ago, some of Silicon Valley's biggest names pledged to give away half of their wealth in their lifetimes. How's that going? "Across nearly every example, there’s proof that the Giving Pledge is unfulfilled, unfulfillable, and not our ticket to a fairer, better future,"…
the Giving Pledge billionaires just cannot stop getting richer... and we estimate 80% of what they *have* "given away" has gone to private foundations, often their own. new research w/ @Chuck99to1 @HelenofIPS @DanPetegorsky @IPS_DC: ips-dc.org/report-giving-…
A new study from the Institute for Policy Studies finds that that the wealth of many of the Giving Pledge signers is growing much faster than their charitable, tax-exempt giving. phlnthrp.com/4fiU3JQ @IPS_DC
Fifty years after the publication of “The Power Broker,” the legacy of urban planner Robert Moses is ripe for revisiting. jacobin.com/2024/12/an-urb…
“we should also see Caro’s book as a meditation on how democracy gives and takes away power—how the people’s will is channeled and bottled, directed and bought” @JulianaDeVaan ingenious as usual on Caro, Moses & more @jacobin jacobin.com/2024/12/an-urb…
Philanthropy is rarely entirely selfless. But increasingly it is becoming dominated by ulterior motives. As a new report from the Institute of Policy Studies finds, "the practice of giving money away itself has increasingly tempting financial upsides." trib.al/cip2Nj1
I have an essay about how Netflix destroyed the movies in the new issue of @nplusonemag. Read it online and in print! nplusonemag.com/issue-49/essay…
The charities celebrated as part of Giving Tuesday may soon be overshadowed by the Wall Street–backed charity funds the rich are using to protect their wealth and secretly support extremist causes. jacobin.com/2024/12/ultraw…
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