Finance

Notre-Dame Donation Backlash Raises Debate: What’s Worthy of Philanthropy?

But anonymity presents a problem because of its inherent lack of transparency. “I’m concerned about the anonymity issue,” said Lawson Bader, chief executive of DonorsTrust, a donor-advised fund. Knowing who a benefactor is helps build trust, he said, whereas anonymity can hide potential conflicts. For instance, museums are re-examining gifts from the Sackler family, a

Notre-Dame Donation Backlash Raises Debate: What’s Worthy of Philanthropy? Read More »

How Hidden Billions Are Making the Rich Richer

MONEYLANDThe Inside Story of the Crooks and Kleptocrats Who Rule the WorldBy Oliver Bullough During the federal trial of Donald Trump’s former campaign manager Paul Manafort, prosecutors extensively detailed his lavish spending on clothing, listing multiple purchases that included an $18,000 suede coat, pairs of trousers at $2,800 each and total spending of nearly $1

How Hidden Billions Are Making the Rich Richer Read More »