Family Quote by 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

“A consequence, however, was that the tax code turned many extraordinarily wealthy families, intent upon preserving their fortunes, into major forces in America’s civic…

— Jane Mayer

“the foundations set up as tax shelters by the wealthy tended to spend as much money glorifying the donors' names and providing cushy jobs…

— Anne Stuart

“They made political contributions to party committees and candidates, such as Dole. Their business made contributions through its political action committee and exerted influence…

— Jane Mayer

Today, we don't blink an eye when the world's wealthiest individuals donate enormous sums of money to charitable causes. In fact, we expect them…

— Peter Diamandis

“The Kochs were not alone. As they sought ways to steer American politics hard to the right without having to win the popular vote,…

— Jane Mayer

There's a long history of subsidized philanthropy - particularly in the USA - and again the public has come to expect corporations to play…

— Ravida Din

The Trump Foundation is a private-family foundation. They give virtually every cent in the Trump Foundation to charitable causes.

— Mike Pence

Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.

— Robert Reich

I think, charitable foundations are, in general, a good thing.

— Jill Stein

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

“One former insider in the Kochs’ realm, who declined to be named because he feared retribution, described the early donor summits as a clever…

— Jane Mayer