No. of Recommendations: 2
The Institute for Policy Studies has issued a report on charitable giving by billionaires over the past 15 years, specifically, the Giving Pledge launched by Bill Gates and Warren Buffett in 2010. According to the report, three quarters of the original U.S. Giving Pledgers who are still alive remain billionaires today, and they have collectively gotten far wealthier since they signed, while just 8 of 22 deceased Pledgers fulfilled their pledges. The original 2010 Pledgers have given an estimated $201 billion to charity: 79 percent of those gifts, an estimated $158 billion, has gone to private foundations. it isn’t clear where the other $5 billion went.
If you want to know about giving by billionaires in the US, this is the report to read. Lots of juicy tidbits.
https://ips-dc.org/report-giving-pledge-at-15/ abromber
