Examining a worryingly uneven philanthropic landscape dominated by megadonors
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** Leadership Weekly
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This week’s Leadership newsletter examines a worryingly uneven philanthropic landscape dominated by megadonors and their megagifts. First, Devon Kearney argues that the rise in megagifts—while seemingly politically empowering—puts philanthropy on an undemocratic pathway against social transformation, towards a “monoculture” of the few. We then look at the recent Gilded Giving report, which approaches the megadonor phenomenon with eye-opening data and offers ways forward. Our last two pieces turn to our previous coverage of megadonors, where we examine how they dominate philanthropy (and how this trend ripples across society) and, in the US, how this uneven terrain correlates to a decline in smaller donations by everyone else.
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Megagifts and Monocultures: Why Democracy Matters for Charitable Social Change ([link removed])
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The recent $1.6 billion donation to create a single nonprofit has the potential to distort the fabric of our democracy, but progressives can counter it with a more democratic approach. Read more… ([link removed])
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Reining in Philanthropic Megadonors: What the Data Tell Us Is Needed ([link removed])
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While megadonor gifts are celebrated, the growing dominance of large donors speaks to an erosion of democratic values. This must be addressed now. Read more… ([link removed])
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Public Catches On to Megadonor Domination over Philanthropy—and Everything Else ([link removed])
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The fact that megadonor influence over philanthropy is rising rapidly is not news. What is news is that the general public is starting to notice. Read more… ([link removed])
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Where Have All the Donors Gone? The Continued Decline of the Small Donor and the Growth of Megadonors ([link removed])
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In this original article, Dr. Rooney, who first surfaced the problem of declining donors, provides evidence the trend continues and introduces ideas of how to ameliorate their challenges. Read more… ([link removed])
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