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#philanthropy

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>> BRIAN: It’s absolute bollocks. The rich give away a smaller proportion of their money than the poor do....I don't actually remember the figures on this, but poor people, as a proportion of the money they earn, give away much more than rich people do. #Philanthropy is something that people do to make themselves feel they have an alibi for being #wealthy.

>>

Philanthropist couple investing up to $2M in The Gathering Place — but it comes with strings
The Northpine Foundation is investing up to $2 million in a St. John's shelter and health centre, but the foundation's executive director says they must hit targets for helping get people secure housing.
#philanthropy #investment #housing #StJohns #News #Canada
cbc.ca/news/canada/newfoundlan

#Trump is directing US federal funding agencies to cut back their support for #climate research. Private funders could make up 𝘴𝘰𝘮𝘦 of the slack. But not the #GatesFoundation. It's cutting back too.
nytimes.com/2025/03/12/climate

PS: The question is why, esp when #BillGates still supports climate mitigation, invests in clean-energy technology, and spent $50 million to defeat Trump in 2024.

Bill Gates, Breakthrough Energy’s founder, speaking at a climate and growth summit in Paris in 2023.
The New York Times · Climate Group Funded by Bill Gates Slashes Staff in Major RetreatBy David Gelles