Tuesday, March 11, 2008

Golden Age of Philanthropy Articles

There was a fantastic section in the New York Times Magazine (free registration) this weekend on philanthropy. I recommend making time to read What Makes People Give? - where Freakonomics meets charity - and For Good, Measure.

As the economy continues to slip and slide, I noticed a positive message from the latter article:
"...many billions of dollars, earned during the recent boom in the hedge-fund
and private-equity markets, will soon pour into the social sector. At a moment
of widespread economic distress, philanthropy is a growth industry, its golden
age, at least in terms of dollars spent, almost certainly yet to come."

Let's hope this forecast is mirrored this side of the pond...

No comments: