Money Quote by Anne Stuart

“One attractive solution for enormously wealthy families like the Scaifes and the Kochs was to donate to their own private philanthropic foundations. By doing…

— Jane Mayer

“Private foundations have very few legal restrictions. They are required to donate at least 5 percent of their assets every year to public charities—referred…

— Jane Mayer

Foundations exist to help charities, to help those in need. And Mr. Trump has been incredibly generous throughout his career.

— Kellyanne Conway

“Today, they are commonplace, and rarely controversial, but Americans across the political spectrum once regarded the whole idea of private foundations with enormous suspicion.…

— Jane Mayer

“The founders realized that a gigantic government would require increasingly large amounts of resources from the people in the form of taxes, and that…

— Ben Carson

Who can begrudge the generosity of the wealthy, you might say. Wherever you stand on the concentration of wealth and power in the hands…

— Owen Jones

The poor can't wait. Philanthropists needed to carry on being generous.

— Bill Gates

A foundation is a large amount of money completely surrounded by people who want some.

— Dwight Macdonald

Philanthropists today want input into how their monies are being deployed. The big question is, can governments use this insight to sell the rich…

— Noreena Hertz

The wealthy are generally impressed with an idea, that they shall never stand in need of public charitable relief; but a little less confidence…

— Jean-Baptiste Say

“No. Charity, like Socialism, is an invention of the weak to exploit the strong and bring them to their knees."

— Isabel Allende

I really hope that the philanthropy movement is seen not just as wealthy people giving money away but wealthy people giving away their time,…

— David Rubenstein