In March 1873, Scottish financier Robert Fleming created a fund unlike any other before it. Today, it's known as a closed-end fund... and it's handing the likes of Bill Gates a check for $140k every month.
Booz Allen Hamilton has an extensive corporate social responsibility agenda and strong connections to several of the nation’s top intelligence agencies. Do these two elements combine to say something about Edward Snowden’s whistleblowing?
A group of billionaires met to talk about money -- not earning it, but how to best give it away.
Thirty-five billionaires who have handed over a majority of their wealth to The Giving Pledge, a charitable initiative started by Bill Gates and Warren Buffett, met in Santa Barbara, Calif., for the second time to talk all things philanthropy, The Economist reports.
A total of 81 people gave joined the pledge, with the youngest being 27-year-old Facebook founder Mark Zuckerberg.
"Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now," Buffett told the news source. "Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie or whomever."
While Buffett's giving nature echo ideas from Andrew Carnegie’s "The Gospel of Wealth,” which encouraged the very rich to give back as a means of protecting capitalism in Buffett says his philanthropy is more simple.
PWX is the first social entrepreneurship non-profit initiative that requires changes across the entire value chain of philanthropy: from the foundation/donor to the grassroots implementer. PWX is a Web 2.0 application, ...
Let there be no barriers to philanthropyFinancial TimesThe government confused the issue by talking about tax avoidance and misuse of tax relief, neither of which has anything to do with genuine philanthropy.