Complex Methods Billionaire Philanthropists Use To Donate (VIDEO)
Categories
Places To Donate

Complex Methods Billionaire Philanthropists Use To Donate (VIDEO)

When a wealthy philanthropist announces a big-ticket donation, many will first talk about how massive the donation is. Then, backlash trickles in from critics accusing the donor of a publicity stunt or a trying to get a tax write-off. This turns something as simple as a donation into a complicated and controversial act for millionaires and billionaires.

These wealthy donors can use a number of tools and incentives that are in place for philanthropy, such as private foundations. This is the system philanthropists like Bill and Melinda French Gates use when making huge donations to their own foundation: the Bill and Melinda Gates Foundation. 

Though there isn’t anything insidious about a person donating to their own foundation, skeptics will point out this is an effective way for people to pay less income and capital gains taxes on their wealth and for them to avoid estate taxes all together, since the funds are no longer part of their estate.

In one notorious …

Watch/Read More

Most Popular Posts Today

Most Popular This Week

Remarks by José Andrés at WCK’s Celebration of Life Service at Washington National Cathedral [Video]
►
Categories
Places To Donate

Remarks by José Andrés at WCK's Celebration of Life Service at Washington National Cathedral [Video]

Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first to the frontlines providing fresh meals in response to crises, while working to build resilient food systems with locally led solutions. Applying our model of quick action, leveraging local resources, and adapting in real time, WCK has served hundreds of millions nourishing meals around the world. __Follow WCK:Website: https://wck.org/Instagram: https://instagram.com/wckitchenTwitter: https://twitter.com/WCKitchenFacebook: https://facebook.com/worldcentralkitchenTikTok: https://www.tiktok.com/@wckitchen

WCK Celebration of Life at Washington National Cathedral [Video]
►
Categories
Places To Donate

WCK Celebration of Life at Washington National Cathedral [Video]

World Central Kitchen held an interfaith Celebration of Life to honor our heroes killed in Gaza. The memorial service was held at the National Cathedral in Washington, DC on Thursday, April 25. The memorial service honored Saifeddin Issam Ayad Abutaha of Palestine, John Chapman of Britain, Jacob Flickinger of the U.S. and Canada, Lalzawmi “Zomi” Frankcom of Australia, James Henderson of Britain, James Kirby of Britain, and Damian Soból of Poland.__Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first to the frontlines providing fresh meals in response to crises, while working to build resilient food systems with locally led solutions. Applying our model of quick action, leveraging local resources, and adapting in real time, WCK has served hundreds of millions nourishing meals around the world. __Follow WCK:Website: https://wck.org/Instagram: https://instagram.com/wckitchenTwitter: https://twitter.com/WCKitchenFacebook: https://facebook.com/worldcentralkitchenTikTok: https://www.tiktok.com/@wckitchen