“It is wonderful to see all these do-gooders in one room,” said Barack Obama, at a White House gathering on June 30th of leaders of America’s best non-profits. The occasion was the long-awaited launch of a $50m Innovation Fund to support the scaling up of the non-profit community’s best ideas for tackling America’s biggest problems […]
“Ray wasn’t into isms or osms, so I don’t know what he’d have made of Philanthrocapitalism,” said John Healy last night at the dinner following the Ray Murphy Memorial Lecture delivered by Matthew at Trinity College Dublin. Healy, the eminence grise of Irish philanthropy after a long career at the helm of Chuck Feeney’s Atlantic […]
Not everybody is doing badly in the economic crisis. John Paulson, a hedge fund boss, is coining it. He famously took home $3.7 billion in 2007 (personally), after he shorted banking shares, and his funds were up last year and again in the first two months of this year. Whilst the new Forbes rich list […]
The collapse of the $50 billion Ponzi scheme run by Bernie Madoff has hurt many philanthropists and the organisations they support. There will be plenty of time to reflect on how to avoid similar disasters in future, especially by improving the financial due diligence of donors and some of their beneficiaries. But the immediate priority […]
Mike spoke at a conference in Dubin yesterday, organised by the Irish Charities Tax Reform Group, on a panel with John Healy, the former head of Atlantic Philanthropies (whose strategic partnership with the government to support university research in Ireland we describe in the book). Despite a strong Irish charitable tradition, major philanthropy has not […]