In an article from Forbes, Tad Taube wrote:
Ever since Plato willed his farm to his nephew, specifying that its profits pay for the tuition of students attending the philosopher’s academy, mankind has benefited from similar individual acts of generosity meant to enrich our lives and well-being.
Lately, however, the concept of private philanthropy has come under fire. Some have suggested it’s a world rife with organizations whose agendas are narrow and self-serving. Making grants is dismissed as more about cleansing one’s conscience than acts of generosity.
For the full article, please click here.