‘Toward a New Social Contract’ is the theme of this year’s Global Philanthropy Forum, currently taking place in Washington, DC. But the real hand-to-hand fighting on the role that philanthropy plays in the rich’s responsibilities to society is being played out in Britain, where a government initiative to cut the tax subsidy to giving has […]
You might have thought that a bold plan backed by a Nobel Prize winning economist to raise over $75 billion to help the developing world would shake Britons from their knee-jerk cynicism about philanthropy. You would be wrong, sadly. Yesterday London’s Dorchester Hotel hosted the Fortune Forum’s launch of a scheme devised by the economist James Mirrlees to […]
While US nonprofits are concerned that American foundations, even the Bill and Melinda Gates Foundation, are having to rein in grant programmes for next year to reflect the hit that their endowments have taken in the financial crisis, charities in Britain have even more to be worried about. As Matthew argues today in the Guardian, American nonprofits have […]