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Philanthropy Notes: June 2014
by Matthew Vadum
June 3, 2014
The 50 biggest donors in the United States gave $7.7-billion to nonprofits last year, with higher education and family foundations receiving the most money, according to the Chronicle of Philanthropy. Heading the list is Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan ($992.2 million). Other notable givers who made the cut include Michael Bloomberg (4th, $452 million), eBay founder Pierre and Pam Omidyar (7th, $225 million), Google co-founder Sergey Brin and his wife Anne Wojkicki (9th, $219 million), businessman David Koch (24th, $101 million), and radical hedge fund manager George Soros (47th, $40 million).
Several high-profile think tanks have spotty track records on disclosing their funding sources, according to a new study reported on by the New York Times. Organizations such as the Hoover Institution, Center for American Progress, and Center for Strategic and International Studies each received one star out of five in the survey by Transparify, a small nonprofit based in Tbilisi, Georgia, and funded by George Soros’s Open Society Foundations. By contrast, the Brookings Institution and Heritage Foundation, each received four stars because they publicly disclose donors who give more than $5,000. “It’s important that people can have confidence in the integrity of the research, and if you are concealing the sources of funding that is relevant, as people don’t know how your research may be motivated,” said Hans Gutbrod, Transparify’s executive director.
https://capitalresearch.org/article/philanthropy-notes-june-2014/