Until the River Runs Dry
Every year, wealthy donors divert more money into intermediaries, drying up the river of donations meant for working charities. We can change that.
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
/by Helen Flannery
/by Dan Petegorsky
/by Bella DeVaan
Every year, wealthy donors divert more money into intermediaries, drying up the river of donations meant for working charities. We can change that.
by Chuck Collins
Complexity is the bread and butter of the wealth defense industry.
by Chuck Collins
/by Helen Flannery
/by Bella DeVaan
Americans are their most charitable at year’s end. But even on Giving Tuesday, billionaire donors crowd out the impact of small-dollar gifts.
