Tuesday, May 31, 2016

Stepping Up Philanthropy

I read where David Koch said he was going to step up his philanthropic efforts. Koch called it his moral obligation to give more. He says he'll focus on medical research and arts.

There's plenty of up potential among the wealthiest and corporations in this country. Most corporations give less than 1.5% of pre-tax profits  and giving is way down.

The national trend, according Lisa M. Dietlin, president of the Institute of Transformational Philanthropy.“Corporate America is giving less and less,” said Ms. Dietlin, adding that overall, corporations constitute 5 percent of all charitable giving nationwide. She made her comments in an article published by the Observer in 2015 about the top ten corporate givers in the tri-state area.

The Big 10