The number of gifts of $10 million-plus at universities are at an all-time high, according to a Marts & Lundy study. Beyond lending just their names or faces to events, an increasing number of celebrities are putting in volunteer time and money for the causes they care about. And new forms of giving vehicles like LLCs are emerging to meet donors’ needs for flexibility. Articles about philanthropy are increasingly in the main stream news, describing how giving is changing our society – in fractal patterns. This week I’m delighted to welcome HBG Assistant Research Director Elizabeth Roma to the blog to help share her thoughts and expertise on our new Gilded Age.
When I started college in the mid-1990s, I had no idea what I wanted to study, but I knew that I liked to read and think. After taking a variety of core liberal arts classes during my freshman year, I concluded that majoring in English would allow me to spend four years doing just that, and I loved (almost) every minute of it.
I still like to read and think (and I bet you do too if you’re reading this blog), and it turns out that I managed to stumble into a job that allows me to do just that—and even get paid for it! (Side note for those soon-to-be liberal arts graduates—and their parents, siblings, grandparents, spouses, etc.: maybe prospect development is the career for you!) [Read more…]