philanthropy

Edgar Bronfman Sr.: Fighter for Jewish Causes

Posted on 12/23/2013 by | Who's News | Comments

LegacyAfter Edgar Bronfman Sr. took over the reins of Seagram in the early 1970s, he expanded the liquor company founded by his father Samuel into a sprawling global comglomerate, taking over juice-maker Tropicana and expanding into the oil and chemical businesses as well. But while Bronfman, who died on Dec. 21 at age 84 in Manhattan, was successful enough in those ventures to become a billionaire, he had a vastly more profound and far-reaching impact with his work as a …

How to Be a Charitable Cheapskate

Posted on 12/17/2013 by | The Ultimate Cheapskate | Comments

Money & Savings | VolunteeringIt’s the kind of news story that makes national headlines every year or two: A person of seemingly modest means secretly amasses a small (or not so small) fortune while leading a frugal lifestyle, only to reveal that wealth by giving it all away to charity. The latest jaw-dropper came from 98-year-old Jack MacDonald of Washington state. He died in September and left a surprise fortune of $187.5 million to Seattle Children’s Research Institute, the University of Washington School of …

George Aratani: A WWII Internee Turned History Buff

Posted on 02/22/2013 by | Who's News | Comments

LegacyGeorge Aratani was as personally well-known as the  imported products sold by the companies he founded — most notably, the Mikasa line of dinnerware, and Kenwood home audio equipment. Nevertheless, Aratani helped ensure that Americans knew the larger the story of the injustice inflicted on him and 122,000 Japanese Americans at the outbreak of World War II, when they were forced to leave their homes and live behind fences and under armed guard in internment camps, often losing their property and businesses …

Larry Selman: He Showed Us the Power of a Dollar

Posted on 01/25/2013 by | Who's News | Comments

LegacyLarry Selman had a lot of strikes against him from the start. Weighing just three pounds at birth, doctors thought he wouldn’t survive. In high school, he was identified as being developmentally handicapped and dropped out after a teacher told him that he wasn’t capable of earning a diploma. The best job he could get was working as a laborer for the city parks department. After the death of his parents and a benevolent uncle who’d helped him financially, he …

Caring for the Poor and Disadvantaged – an Act of Kindness

Posted on 10/18/2012 by | Philanthropy & Fundraising | Comments

VolunteeringCarlos Slim, the richest man in the world, was recently quoted as saying “We have seen donations for a hundred years … and the problems and poverty are bigger. They have not solved anything.”  I’m perplexed by this statement. If you are a type A personality (like I am), you may think to yourself that Slim may be right.  Though global poverty has decreased over the last five years, according to a Brookings Institute study, the number of fragile states is …

Millennials: a New Hope for Philanthropy

Posted on 06/26/2012 by | Philanthropy & Fundraising | Comments

VolunteeringAs a Boomer, I have often shared my disappointment with my own generation on its performance and commitment to philanthropy.  We have a lot to learn from the preceding generation — the greatest generation — that not only recognizes the importance of giving and giving back, but sees it as a responsibility to be shared with the generations to come.  Actually, I think the Boomers will get there.  It will just take some time. Enter the Millennials (Generation Y or …