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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: 1) by khallow on Saturday November 12 2016, @09:56AM

    by khallow (3766) Subscriber Badge on Saturday November 12 2016, @09:56AM (#425998) Journal
    My view on this. We don't care if rich people go to a heaven which probably doesn't exist. And showboating good works for status signalling can actually make things better for people now. Hypocrisy made into a modest virtue.
  • (Score: 2) by Bot on Sunday November 13 2016, @12:39AM

    by Bot (3902) on Sunday November 13 2016, @12:39AM (#426164) Journal

    I put the quote for various reasons, one was provocation :) To further bait, you are saying hypocritical donation is still something, better than nothing, implying that nothing is what those philanthropists would do if they could get no recognition, which agrees with my title.

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