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About half of the top 50 philanthropist dollars in the United States in 2014 were given by tech entrepreneurs, according to The Chronicle of Philanthropy. Overall, the technology sector gave away $5 billion that year, though their charitable contributions dropped precipitously last year to $1.3 billion (possibly skewed due to the absence of "mega-gifts," such as a $2 billion donation by the Bill and Melinda Gates Foundation in 2014).
"There is a very real surge of philanthropy from tech sector leaders," says David Callahan, founder and editor of Inside Philanthropy, a news website that tracks nonprofits. "Many of these folks believe in giving early in life while still in their careers, as opposed to a more traditional model of waiting until later in life."
(Score: 2) by Thexalon on Friday November 11 2016, @02:43PM
I think it was supposed to be "top 50 philanthropy donations", which would make more sense.
As far as I can tell, philanthropy in this case is the modern version of buying an indulgence from the pre-Reformation Catholics: "I feel a bit guilty about getting rich by ripping off millions of people and working my H1-B developers 90+ hours per week, so I'm going to give a bunch of money away so I can feel better about myself." I mean, there's worse things to do with it (e.g. being able to park a yacht inside your yacht), but I'm not all that impressed.
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 0) by Anonymous Coward on Friday November 11 2016, @04:58PM
these are not just people who made a bunch of money and decided out of the goodness of their heart to donate to a worthy cause. these people have secret society handlers and are allowed to get this rich (or co-opted shortly thereafter) so money can be funneled into black projects. you think arabs and africans are suspicious and/or killing Gates funded vaccine doctors just b/c they are ignorant and superstitious? think again. they are seeing the effects up close and personal and have realized what a threat these doctors are. The conspiratorial western press then reports how backwards and evil they are for defending themselves from these useful idiots. sometimes it's just simple money laundering instead of bio weapons.