Perils of Top-Heavy Philanthropy

Perils of Top-Heavy Philanthropy

The 2016 presidential election brought increased scrutiny of the private philanthropic foundations controlled by candidates Clinton and Trump and their families. We should exercise similar oversight of the larger taxpayer-subsidized philanthropic sector to ensure it...
When Billionaires Dominate Philanthropy

When Billionaires Dominate Philanthropy

The last couple of years have been boom years for philanthropy. Total donations from individuals, foundations, and corporations rose in 2015 to over $373 billion, a 10 percent increase since 2013. But behind this statistic is a troubling trend. The charitable sector...

New IPS Report Warns of Increasingly Top-Heavy Philanthropy

For Release Wednesday, Nov. 16 at 7:30PM Media Contacts: Chuck Collins, chuck@ips-dc.org, 617-308-4433 Josh Hoxie, josh@ips-dc.org, 508-280-5005 A new report, “Gilded Giving: Top-Heavy Philanthropy in an Age of Extreme Inequality,” authored by Chuck Collins, Helen...
Report: Gilded Giving

Report: Gilded Giving

For media inquires about this report, please contact Chuck Collins chuckcollins7@mac.com or Josh Hoxie Josh@ips-dc.org. Gilded Giving: Top-Heavy Philanthropy in an Age of Extreme Inequality Unprecedented levels of charitable giving in recent years mask a troubling...
Blowing the Whistle on Philanthropy

Blowing the Whistle on Philanthropy

Inequality has a silver lining. At least the awesomely affluent think so. If we didn’t have grand fortunes, their claim goes, we wouldn’t have grand philanthropy. No foundations and handsome bequests for underwriting good causes. No gifts and grants by the...
The Art of Inequality

The Art of Inequality

Thomas Campbell directs the Metropolitan Museum of Art in Manhattan. He’s smiling a great deal these days. Why? Campbell has just received something museum directors only dream about: a donation of paintings, drawings, and sculptures worth over $1 billion. The...
Plutocracy with a Pleasant Philanthropic Face

Plutocracy with a Pleasant Philanthropic Face

“Plutocracy” first burst big-time into our national political consciousness in the late 19th century, and the concept still conjures up today, well over a century later, much the same images as way back then. We envision, at any mention of...

Finally, Obama’s Talking about Taxing the Wealthy

President Obama has broken through the silence about revenue in Washington’s dominant budget and deficit debate. “At a time when the tax burden on the wealthy is at its lowest level in half a century, the most fortunate among us can afford to pay a little...

Resurrect the Estate Tax

Dan Duncan died at the end of March. The Houston gas pipeline mogul left behind a spouse, four children, four grandkids, and a fortune worth $9 billion. Duncan, a prominent philanthropist who supported cancer research and the Boy Scouts, left behind another...

Remembering Stewart

My first encounter with Stewart Mott’s generosity was in 1975. I had come to Washington as an intern with the Indochina Resource Center, a key group in the opposition to the Vietnam War. Stewart, who died June 12, was funding it. In my first week on the job, I...

The Mirrors of History

Katrina Browne was in seminary when she received a booklet from her grandmother that outlined their family history. It’s a history some part of her knew but had chosen to forget: Her ancestors, the DeWolfs of Bristol, Rhode Island, had not only been involved in...
A New Inequality in America

A New Inequality in America

A new inequality in America. Barbara Ehrenreich, Doug Henwood and Chuck Collins on the causes — are we in a second gilded age? Plus Sarah Anderson lays out a 12-step program for “ending plutocracy,” and Gary Younge on Obama and the power of symbols....