giving – Speak Your Mind https://indianapublicmedia.org/speakyourmind/ Speak Your Mind from WFIU Mon, 20 Mar 2017 13:00:12 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.12 Just another Indiana Public Media weblog giving – Speak Your Mind giving – Speak Your Mind ebinder@indiana.edu ebinder@indiana.edu (giving – Speak Your Mind) Copyright © Speak Your Mind 2010 Speak Your Mind from WFIU giving – Speak Your Mind https://indianapublicmedia.org/speakyourmind/wp-content/plugins/powerpress/rss_default.jpg https://indianapublicmedia.org/speakyourmind/ Who’s Really Hurt By The Clinton Scandals? https://indianapublicmedia.org/speakyourmind/hurt-clinton-scandals/ https://indianapublicmedia.org/speakyourmind/hurt-clinton-scandals/#respond Wed, 29 Apr 2015 16:41:16 +0000 https://indianapublicmedia.org/speakyourmind/?p=505 Hillary Clinton’s new bid to be president has barely begun, but charges of misconduct are already swirling around her. This time, they are coming from not only conservatives, but also usually friendly sources. Many concern the foundation her husband set up after leaving the White House and which she helped run until earlier this year.

The main criticism is that the Clintons have been trading personal or political favors for contributions to the foundation. The Washington Post, for example, claimed that Bill Clinton drew large speaking fees from foundation donors. Likewise, The New York Times reported that as Secretary of State, Mrs. Clinton helped a company run by a big contributor to acquire American uranium mines. The large amount of funds provided by foreign governments and the fact that the foundation spends much more on salaries, fund-raising events and travel than on grants have also raised eyebrows.

Chelsea Clinton and other foundation spokesmen deny any illegality and point out that its finances are more open to public scrutiny than those of most charities, who are not required to disclose the names of their donors. They also argue that the Clinton Foundation’s global reach and staff-intensive programs explain why just ten per cent of its budget goes to the organizations with which it works.

How much harm this latest controversy will do to Mrs. Clinton’s political ambitions depends on the voters. But unfortunately, facing collateral damage are the nation’s charities, which have been seeing declining public trust in how well they are using donations. The attention being given to the practices of the Clinton Foundation will do them no good.

Sources:

Rosalind S. Helderman, “For Clintons, speech income shows how their wealth is intertwined with charity,” The Washington Post.

Jo Becker and Mike McIntire, “Cash flowed to Clinton Foundation amid Russian uranium deal,” The New York Times.

James V. Grimaldi and Rebecca Ballhaus, “Foreign government gifts to Clinton Foundation on the rise,” The Wall Street Journal.

IRS Form 990 (2013), Bill, Hillary and Chelsea Clinton Foundation.

Jesse Byrnes, “Chelsea Clinton defends family’s foundation,” The Hill.

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https://indianapublicmedia.org/speakyourmind/hurt-clinton-scandals/feed/ 0 The attention being given to the practices of the Clinton Foundation will do nation’s charities no good. The attention being given to the practices of the Clinton Foundation will do nation’s charities no good. giving – Speak Your Mind 1:57
The Biggest Gifts Of 2013 https://indianapublicmedia.org/speakyourmind/biggest-gifts-2013/ https://indianapublicmedia.org/speakyourmind/biggest-gifts-2013/#respond Thu, 13 Feb 2014 16:34:48 +0000 https://indianapublicmedia.org/speakyourmind/?p=77 This week, The Chronicle of Philanthropy published its annual list of the 50 most generous donors to charity in 2013.

To no one’s surprise, topping it was Facebook founder Marc Zuckerberg and his wife, who gave a billion dollars to the Silicon Valley Community Foundation. The list also included other well-known figures, such as Michael Bloomberg, George Soros and Nike’s Phil Knight.

But many of the biggest givers were people who are not household names, except perhaps, in their own communities. People such as William Ridgeway, an eye doctor, investor, and Indiana University graduate, who made the list by leaving $39 million in his will to the University of Evansville, in his hometown.

Most of the other donors also founded their own businesses. Only three inherited substantial wealth.

This underscores what broader surveys have shown: People who earned their fortunes are more likely to be generous than those who did not. And that’s not just the case for the very rich. Although the 50 most generous donors gave nearly $8 billion to charity last year, ordinary Americans gave 30 times as much from their paychecks.

What distinguishes philanthropy in the United States from giving in other countries is that a very large share of the American population does it.

Some argue that wealthy donors have the ability to contribute even more than they do, and that their gifts too often go to organizations—well-financed museums, hospitals and universities—that don’t need their money as much as charities that work with needy people. But it’s their money, and making donations to organizations that are personally meaningful has a lot to do with why they give at all, just as it does for the rest of us.

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https://indianapublicmedia.org/speakyourmind/biggest-gifts-2013/feed/ 0 The Chronicle of Philanthropy's 2013 list of the 50 most generous donors to charity shows the links between generosity and entrepreneurship. The Chronicle of Philanthropy's 2013 list of the 50 most generous donors to charity shows the links between generosity and entrepreneurship. giving – Speak Your Mind