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posted by janrinok on Friday November 11 2016, @01:08PM   Printer-friendly
from the you-can-only-spend-so-much dept.

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."


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  • (Score: 2) by PizzaRollPlinkett on Friday November 11 2016, @04:55PM

    by PizzaRollPlinkett (4512) on Friday November 11 2016, @04:55PM (#425721)

    Would be nice to be able to decide what charitable philanthropy my money supports, rather than having wealth concentrated in a few "tech philanthropists" who get to call the shots with money they got from monopolies, rent seeking, preinstalled software, personal tracking, harvesting data, and so on.

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  • (Score: 0) by Anonymous Coward on Friday November 11 2016, @06:38PM

    by Anonymous Coward on Friday November 11 2016, @06:38PM (#425757)

    You mean you don't want to donate to the "Now mere millionaires can get to experience zero gravity" charity?

  • (Score: 2) by canopic jug on Saturday November 12 2016, @06:46AM

    by canopic jug (3949) Subscriber Badge on Saturday November 12 2016, @06:46AM (#425950) Journal

    Yes, what if they just simply paid their fair share of their taxes?

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