Gilded Giving 2024: Saving Philanthropy from Wall Street
Philanthropy is becoming just another tool to benefit the wealthy and their money managers — leaving real charities behind in the process. Here’s how we fix it.
Why do public figures who are clearly “born on third base” insist they hit their own triple?
Supreme Court nominee Brett Kavanaugh claims he didn’t get any help getting into Yale after graduating from Georgetown Prep. “I have no connections there,” he said last week in testimony before the Senate Judiciary Committee. “I got there by busting my tail.” At Yale, however, Kavanaugh would be considered a legacy admission. His grandfather, Edward Everett Kavanaugh, attended.
Donald Trump boasts that he is a self-made billionaire who received no family help except for a $1 million loan from his father that he paid back with interest. But a sweeping investigative report by The New York Times estimates that Trump received at least $413 million, in today’s dollars, from his father’s real estate business. Yet Trump holds tightly to his personal bootstrap story.
Read the full story on CNN.
by Chuck Collins, Helen Flannery, and Bella DeVaan
Philanthropy is becoming just another tool to benefit the wealthy and their money managers — leaving real charities behind in the process. Here’s how we fix it.
by Chuck Collins
Our new report breaks down how wealth concentration is depriving Americans of access to affordable living spaces.
by Bella DeVaan, Chuck Collins, and Helen Flannery
Get to know the donors and taxpayer-subsidized charities that promote climate change disinformation and stall urgent action.
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