Reposted by Earl Harville
A few numbers that put billionaire philanthropy in perspective:
• $2+ trillion sitting in foundations & donor-advised funds
• Up to 73% of ultra-wealthy donations effectively subsidized by taxpayers
• 69% of nonprofits facing funding cuts
ips-dc.org/philanthropy...
ips-dc.org
Gilded Giving 2026: Philanthropy Under Oligarchy - Institute for Policy Studies
Gilded Giving 2026: Philanthropy Under Oligarchy