skip to main content
skip to newscasts

Wednesday, May 1, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Ex-attorney for Daniels and McDougal testifies in Trump trial; CT paid sick days bill passes House, heads to Senate; Iowa leaps state regulators, calls on EPA for emergency water help; group voices concerns about new TN law arming teachers.

view newscast page
play newscast audioPlay

House Democrats say they'll vote to table a motion to remove Speaker Johnson, former President Trump faces financial penalties and the threat of jail time for violating a gag order and efforts to lower the voting age gain momentum nationwide.

view newscast page
play newscast audioPlay

More rural working-age people are dying young compared to their urban counterparts, the internet was a lifesaver for rural students during the pandemic but the connection has been broken for many, and conservationists believe a new rule governing public lands will protect them for future generations.

Report Shows Super-Rich are Giving More

play audio
Play

Wednesday, February 15, 2012   

LANSING, Mich. - "The super rich grew more charitable last year, as public opinion of them became less so," according to a report compiling the donations of the nation's wealthiest givers.

The Chronicle of Philanthropy's annual list shows the top 50 most generous Americans gave a median of $61 million in 2011, up from about $40 million the previous year.

Does that mean the public focus on income disparity generated by the Occupy Wall Street movement had an impact on these billionaires? Caroline Preston, the study's co-author, says she saw "some signs that the wealthy are zeroing in on these issues."

"But I don't think that, at least yet, we're seeing any big move by the super-wealthy to re-shape their giving as a result of the scrutiny that they're under."

It's likely last year's stock market rebound played as much or more of a role, she says. The study also showed far more money was donated to large foundations, universities, hospitals and medical research than to smaller social-service organizations.

The intensified national conversation about America's "haves" and "have nots" has the philanthropy community looking for signs that the dialog is having an effect on charitable donors, she says.

"Some people say that it could stir greater generosity, particularly to direct needs or to programs to try to create jobs. Others think that it could cause wealthy people who may feel like they are being targeted to be more quiet about their giving."

The Chronicle says rich people and the fundraisers who pursue them are expecting higher levels of giving this year and next, assuming the economy continues to improve.

The Chronicle's research is online at philanthropy.com.


get more stories like this via email

more stories
The 340B rule empowers select safety-net providers by providing discounts on outpatient prescription drugs and in reaching more eligible patients to provide comprehensive services. (Banana Images/Adobe Stock)

Health and Wellness

play sound

Access to reduced-price medication is a necessity for many rural Missourians with low income. Rep. Cindy O'Laughlin, R-Shelbina, the Senate Floor …


play sound

The Environmental Protection Agency has finalized a rule to close a significant loophole in coal ash disposal regulations. The Coal Combustion …

Health and Wellness

play sound

Alabama is running out of time to tackle Medicaid expansion this legislative session. More than 230 people gathered earlier this month with the …


Connecticut's 2011 paid sick leave law was the first in the nation to require private-sector employers to provide their employees with paid sick leave. (Adobe Stock)

Health and Wellness

play sound

A Connecticut bill would expand the state's paid sick leave law. The initial 2011 law requires 40 hours of paid sick leave for workers at employers …

Health and Wellness

play sound

More than 1,000 family members of firefighters who died in the line of duty, including some from Texas, will gather in Emmitsburg, Maryland, starting …

The American Heart Association cites emerging research showing in stroke care, elements of artificial intelligence-based supports reduced the chances of additional strokes by more than 25%. (Adobe Stock)

Health and Wellness

play sound

Artificial intelligence has come under scrutiny over potential negative impacts on society but a Minnesota medical expert said it has become one of ma…

play sound

On this May Day, Wisconsin groups are rallying in Green Bay to highlight a key issue facing the working class: the ability to retire. Organizers see …

Social Issues

play sound

Grassroots organizations are sounding the alarm about Tennessee's new law allowing teachers and other school employees to carry guns. Gov. Bill Lee …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021