Oliver Contreras-Pool/Getty Images Author Anand Giridharadas believes elite-led philanthropy fueled the rise of Donald Trump. In his new book, Giridharadas argues that Trump exposed the hypocrisy of wealthy philanthropists, then used it to beat them at their own game. Giridharadas predicts that Trump may face a powerful reckoning as citizens begin to take charge of their […]
Tag: Philanthropy
George Soros and the Demonization of Philanthropy
George Soros is an exceptionally busy man, at least according to right-wing conspiracy theorists. Just within the last year, he has been credited with single-handedly funding the Black Lives Matter and Antifa movements, as well as with bankrolling (as a false-flag operation) the white-nationalist rally in Charlottesville against which both of those groups mobilized. Soros […]
Daydream Impact is Google’s new philanthropy program for VR
With its ability to transport users anywhere and give them any kind of experience, VR has huge potential as a tool for positive change. Google is highlighting that with its new philanthropy program, Daydream Impact. This new initiative is designed to give organizations, non-profits and advocates the tools and training they need to make 360-degree […]
Mark Zuckerberg wanted Facebook employees to work on his philanthropy projects but was shot down by senior execs (FB)
Scott Olson / Getty Mark Zuckerberg wanted to use Facebook employees for work on projects for his philanthropic fund, The Chan Zuckerberg Initiative, but was forced to abandon the idea early last year after opposition from senior executives. Zuckerberg’s desire for his two companies to “undertake joint projects,” and to allow Facebook employees to work on non-Facebook related projects was discussed […]
Is Big Philanthropy Compatible With Democracy?
In 1912, John D. Rockefeller went to Congress with a simple request. He wanted permission to take the vast wealth he’d accumulated, and pour it into a charitable foundation. Many were outraged. John Haynes Holmes, a Unitarian minister and a cofounder of the NAACP and ACLU, told the Senate that from the standpoint of the […]
A Billionaire Defends Modern Philanthropy
Reid Hoffman may be best known as the founder of the networking site LinkedIn, but these days he’s more of an investor than inventor. Hoffman, who is worth an estimated $ 3.2 billion, is a partner with the venture capital firm Greylock, which invests in companies such as Groupon and Airbnb. He also spends a […]
The Problem With Modern Philanthropy
In 2011, Michael Bloomberg gave the Sierra Club $ 50 million, the biggest donation in the club’s history, to expand the organization’s Beyond Coal initiative, which sought to shut down coal-fired power plants across the country. He gave $ 30 million more in 2015. The Beyond Coal campaign now says it has helped shut down […]