Scrutiny aside, philanthropy is to be celebrated

Categories: News

Recently, The New York Times ran a thought-provoking story on “troll philanthropy” that underscores the reality that the charitable giving of high-profile, megadonors is frequently – if not always – subject to public scrutiny, whether it’s instigated by the donors or not. The story centers on Tesla and SpaceX CEO Elon Musk’s seeming interest in using his reputation as an ultra-wealthy philanthropist to antagonize the public. It highlights his recent challenge on Twitter to the World Food Programme in which he said:  “If WFP can describe on this Twitter thread exactly how $6B would solve world hunger, I will sell Tesla stock right now and do it.” It also cites an online poll he conducted to ask if he should sell 10 percent of his Tesla shares to pay taxes on his wealth.

Foundation Source’s National Director of Philanthropic Advisory Services Elizabeth Wong shares her insights in this eJewish Philanthropy article.

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