ciprobay saft 5 preis exelon 1 5 mg preis alternative to propranolol for migraine actos plus metformin 15850 flovent kaufen rhinocort aqua 50 pyridium 200 mg cost alternativen zu blopress flovent 110 levlen ed tablet 150mcg 30mcg floxin 200 mg tablet cozaar 100 mg adalat retard preis l-tryptophan alternative mestinon preis zetia 10 mg lithium 500mg ersatz für voltaren tinidazole 500mg100ml topamax 150 mg allegra generic alternative suhagra force 50 generika finasterid 5mg cialis kaufen billig atacand plus preisvergleich topamax 150 mg ceftin 250 mg5ml alternative to bactrim for mrsa cymbalta 10mg dosage natural alternative lasix alternative zu trental was bewirkt cialis bei frauen ponstel 250 dosage acivir 200 dt used for propecia für frauen geeignet tamoxifen alternatives breast cancer mevacor 10 mg sildenafil für frauen caverta 50 mg kopen plendil alternative aldactone natural alternative ampicillin 500mg 4 times a day flagyl 1000 mg casodex 150 mg preis maxalt 10 mg side effects retin-a cream alternatives benfotiamine 200mg alternative singulair actos 2015 penegra fortiza 100 vermox tabletten kaufen colospa 200 thuoc ofloxacin 200mg brahmi 450 ranitidine 50 mg drug study ampicillin 1000x stock nolvadex 10mg pct roter ginseng preis seroflo 200 xalatan 50 mcgml zoloft preisvergleich elavil 10mg side effects ciprofloxacin 500 dan urispas 200 alternative zu micardis methotrexate 10 mg and alcohol glycomet 500 sr side effects mobic 20 mg alternative drugs to lithium finasterid 1mg kaufen natural alternative to fosamax levaquin 500mg used procardia xl alternative motilium 10 evista generika zetia 10 mg imitrex 50 mg tablets retin-a kaufen tinidazole 500mg100ml celexa kaufen nootropil 1200 pret natures aid celadrin 500mg wellbutrin 150 sr once a day strattera ohne rezept bupropion 200 mg side effects jelly viagra kaufen levitra 10 mg kaufen yasmin pille kaufen xalatan preisvergleich betnovate skin cream 20g lotensin 10 mg cena clomid 150mg success moduretic 50 blopress alternativen preis acai berry thin alternative to topamax for seizures ginette 75018 differin creme kaufen avapro 500 mg baclofen 10mg tab ampicillin 250 mg hoodia gordonii online kaufen atarax ohne rezept kaufen augmentin 7 or 10 days renagel 500mg lanoxin alternatives preis allopurinol atacand plus 1612 5 preis l- tryptophan 250 plus bonusan promethazine kaufen flomax 10 pump jelly viagra kaufen feldene side effects 20 mg glycomet 850 mg side effects plavix 75 kaufen zoloft alternatives anxiety Giving Pledge is Not Without Flaw - Collins Group
Skagit Valley Hospital

Giving Pledge is Not Without Flaw

by

divider

Not a day has gone by in the past few weeks that I haven’t seen something written about the Gates/Buffett Giving Pledge on a philanthropy blog. But with each passing day the commentary surrounding the project seems to be getting more and more critical. Who could have anticipated that the mega-rich pledging their fortunes to philanthropy could have become such a controversial topic?

On the surface, the project appears seamless – a plan that promises to change the face of philanthropy in the coming decades. No one can argue with the fact that a handful of mega-gifts can significantly impact overall giving. Giving USA 2010 showed that individual giving held steady in 2009, but only as a result of five gifts from high-net-worth donors totaling nearly $1.6 billion.  Without those gifts, overall giving by individuals in 2009 would have declined by 1.1 percent.  The problem with the Giving Pledge’s promise to change philanthropy, however, is that much of the money will not be transferred for years, and even then may be dispersed at a very slow rate.

Many of the families that have signed on so far have pledged to transfer their wealth after their death. Ron Rosenbaum of Slate magazine criticizes this practice.  “Show us the money if you want the credit,” he writes. “And show it to us now, before you die, not in some distant future where a lot of poor and diseased people will themselves have died for lack of timely aid.” While the pledging parties certainly have the option to transfer their wealth during their lifetime, it’s likely that in those cases the money will be funneled into charitable family foundations – and many of those foundations are only required to make grants totaling five percent of their assets each year. The argument is that it could take decades before the money finally trickles out to the organizations that need it now.

While I certainly agree with the above criticisms, the problem I see with the pledge is the spotlight it shines on the rare mega-gift, and the attention that it takes away from the everyday donor. While the donations made by the über-wealthy are certainly generous, in many cases they are not stretch gifts. Personally, I am far more moved by middle class families that have remained committed to supporting the organizations in their communities even in the face of their own pay-cuts and job losses.

Don’t get me wrong – overall, I think the Giving Pledge is a great project. But it would be sad to see organizations become fixated on claiming their piece of the mega-gift pie when there are so many mid-level donors that have continued to give, even when it hasn’t been easy.

divider

Like this post? Why not share it?

divider

About the Author

Collins Team

Collins Team

divider

Leave a Reply