Sunday, July 1, 2007

A New King in Town?

Phil Cubeta at GiftHub writes about a possible contender to Bill Gates/Warren Buffet's mega-philanthropy:
Carlos Slim.

Is there a change afoot in the world of philanthropy among the mega-wealthy? Not much significant growth in overall giving, according to the Giving USA Foundation:

The Giving USA Foundation releases its 2006 statistics.

Their "Giving USA 2007" yearbook of philanthropy estimated $295.02 billion in 2006—nearly $12 billion more than in 2005, but only a 4.2% increase over 2005 figures. Once you account for inflation and population growth, such an increase seems negligible at best.

(Of course, the 2005 year included Hurricane Katrina figures and similar fundraising "storms", so 2006 had its work cut out for it....)

For more info on the Giving USA figures, click here:"