San Francisco No question that Amazon’s Jeff Bezos and Microsoft’s Bill Gates have made a ton of money from their various businesses. Both go up and down on the list of richest people in the world, sometime first, but always in the conversation with a gazillion billions each. But, as the song goes, “money …
Category: Philanthropy
The Huge Value of Blank Checks and General Support
Pearl River The Economist is a conservative magazine masking as liberal, which underlines how confusing the liberal designation in politics is these days. Nonetheless, an editorial of sorts entitled “Start Writing Checks” under a cutline saying “charity” surprised me. They were coming down foursquare in favor of philanthropists, largely the megarich, their foundations and giving …
Foundation Follies and the Rock Road of Tax Dodges
New Orleans Given the media’s obsession with the rich and all of the folks lined up to take their money, it’s hard to avoid reading about their schemes and situations, even if you want to do so. Foundations have long claimed to be many things other than a simple tax dodge, but some …