George Soros is at it again, making waves with another big, controversial gift – this time of $35m to help New York’s poorest school children. He may be the favourite bogeyman of the right, but, as this latest gift shows, Soros certainly understands philanthrocapitalism. Indeed, as we write in Philanthrocapitalism, regardless of whether or not […]
“We may now be able to reconsider the basics of philanthropy,” argues William A. Schambra of the Hudson Institute, musing on the impact of the financial crisis in the Chronicle of Philanthropy “to remind ourselves that, after all is said and done, what foundations do best and most reliably is simply to make grants to worthwhile […]
The New York Times has published its annual supplement on giving. This includes an article by Matthew called “about leverage”. This explains why philanthrocapitalists should continue to use “leverage” as their favourite buzzword, despite the fact that leverage on Wall Street helped cause the financial crisis, and we are now in a period of aggressive […]