Global updates

Which gives more ‘bang for the buck’?

1 December 2007
Alliance magazine

According to American billionaire William Gross, the public benefits from philanthropy are not commensurate with the tax breaks that givers receive. ‘I don’t think we’re getting the bang for the buck for gifts to build football stadiums and concert halls.’ Elsewhere, he added: ‘When millions of people are dying of AIDS and malaria in Africa, it is hard to justify the umpteenth society gala held for the benefit of a performing arts center or an art museum.’ According to an article in the New York Times, in which Gross’s remarks appeared, for every $3 philanthropists give away, the federal government typically gives up a dollar or more in tax revenue. Click here to read ...


Rich need better advice on giving away money

1 December 2007
Alliance magazine

Wealthy donors and would-be donors are finding it difficult to give their money away because they lack good advice on how and where to give it, according to a new study. While many survey participants had a clear idea of what they wanted to achieve, they had difficulty finding qualified independent advisers to guide them in devising a philanthropic programme and selecting suitable recipients.

‘Lawyers and private bankers are very good at providing technical advice, but … cannot tell you if a philanthropy project will provide you with value for money,’ said one participant. Those surveyed said they would be willing to pay for advice and support tailored to their needs. Click here to read ...


NESsT Golden Egg goes to Zoltan Toth

1 December 2007
Alliance magazine

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Eradicate Poverty through Business

1 December 2007
Alliance magazine

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Big Give set to make life easier for big givers

1 December 2007
Alliance magazine

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