Browse By:


Sunday July 22, 2018 Login |Register


A Project of

sponsored by

Getting Megagifts to the Neediest Causes

Bookmark and Share Report Misuse or Glitches

Publication Date: May 2003

Publisher(s): Chronicle of Philanthropy

Author(s): Gary A. Tobin

Series: Chronicle of Philanthropy, vol.15, issue 14.

Special Collection: Berman Jewish Policy Archive

Topic: Banking and finance (Philanthropy and nonprofit sector)

Keywords: Higher Education; Fundraising and Philanthropy; Allocations

Type: Brief

Coverage: United States

Abstract:

The author argues that mega-gifts (defined as $10 million or more) are going to the most prestigious organizations rather than the neediest. The largest recipients of mega-gifts are higher education, health, and arts and culture organizations. The author challenges assumptions that mega-donors make about where their largest gifts should go and offers thoughts on changing the current culture.