PHILANTHROPY – Looking Beyond Alms-Giving –
Katy Butler, in ‘Robin Hood Was Right’, notes, “There are only three things to be done with surplus money: spend it, invest it or give it away. Each person has to decide what combination of the three makes the most sense, personally and morally.”
Andrew Carnegie, a one-time penniless “bobbin boy”, gave away $350 million to various philanthropic causes. Perhaps his most enduring contribution to civilization was the setting up of some 3000 libraries in the United States of America and abroad.
An excellent article by Noshir H. Dadrawalla – click here to read the full article.
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