Tag: philanthropy

The real cost of billionaire philanthropy

Yesterday, the Institute for Policy Studies published a new report: The True Cost of Billionaire Philanthropy. The findings are alarming – and concerning. 

Despite the time and energy the billionaire donor class spends touting their charitable contributions, too many are moving their wealth to donor-controlled intermediaries instead of active charities. They use these donations to enhance their public image, grow political power, and even protect their financial assets.

Big Philanthropy is a scam

Getting rich to give to the poor? It never works and is not meant to work.

Big Philanthropy Is a Scam That Makes the Rich Look Better, Conceals Their Crimes | Teen Vogue