skip to main content
skip to newscasts

Thursday, May 2, 2024

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

Police and pro-Palestinian demonstrators clash in tense scene at UCLA encampment; PA groups monitoring soot pollution pleased by new EPA standards; NYS budget bolsters rural housing preservation programs; EPA's Solar for All Program aims to help Ohioans lower their energy bills, create jobs.

view newscast page
play newscast audioPlay

Campus Gaza protests continue, and an Arab American mayor says voters are watching. The Arizona senate votes to repeal the state's 1864 abortion ban. And a Pennsylvania voting rights advocate says dispelling misinformation is a full-time job.

view newscast page
play newscast audioPlay

Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Report Shows Super Rich are Giving More

play audio
Play

Friday, February 10, 2012   

CONCORD, N.H. - A report compiling the donations of the nation's wealthiest givers says, "The super rich grew more charitable last year, as public opinion of them became less so." The Chronicle of Philanthropy's annual list shows the top 50 most-generous Americans gave a median amount of $61 million in 2011, up from $39.6 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? The study's co-author, Caroline Preston, 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."

She says it's likely last year's rebound in the stock market played as much, or more, of a role.

Preston says the intensified national conversation about the "haves" and the "have-nots" in America has the philanthropy community looking for signs it is having an effect on charitable donors.

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

Preston says her publication did talk to one billionaire who thought that one of Occupy Wall Street's goals - more and better jobs for college graduates - was worthy of addressing through giving.

"It does seem to be causing some people to take a closer look at, for example, how to tie the education funding that they may have been doing to job creation."

The study also showed far more money was donated to large foundations, universities, hospitals and medical research than to smaller social service organizations.

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 at philanthropy.com



get more stories like this via email

more stories
Protest encampments such as this one at San Francisco State University against the war in Gaza have now spread to a half dozen campuses across California. (Sam Cheng/Adobestock)

Social Issues

play sound

Massive protests and tent encampments opposing the war in Gaza are growing at universities across California, with classes canceled at the University …


play sound

A recent study by the Environmental Defense Fund showed communities near mega warehouses are exposed to more polluted air. More than 2 million …

Social Issues

play sound

A new report shows Black girls are enduring disproportionate discipline, sexual harassment and public humiliation from school-based police and …


A Minnesota research group said between 2020 and 2022, buried utility infrastructure was damaged 7,440 times, with broadband installation serving as a major factor. (Adobe Stock)

Environment

play sound

Government leaders are acting with urgency to get underserved communities connected with high speed internet but in Minnesota, underground digging …

play sound

Several Connecticut counties rank poorly in the latest State of the Air report by the American Lung Association. Four counties measured for ozone …

A Marist Poll found 31% of rural New Yorkers want increased state funding for developing new homes. (Adobe Stock)

Social Issues

play sound

New York's 2025 budget takes proactive steps to address rural housing. In the budget, $10 million was allocated for improvements to rural housing …

Health and Wellness

play sound

Recent research shows approximately half of people who die by suicide had contact with a health care professional within the month prior to their deat…

Social Issues

play sound

Advocates for the rights of people with disabilities have joined the Montana Quality Education Association in a suit to stop a school voucher bill in …

 

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