According to a Business Insider report, millionaires are giving away a lot of their money but most of it is not reaching the people.
What is it?When the foundation went public, there were 40 billionaires from the US who pledged to give at least half of their wealth away as charity during their life or after their demise.
A REPORT BY THE INSTITUTE FOR POLICY STUDIES, TITLED ‘GILDED GIVING 2020: HOW WEALTH INEQUALITY DISTORTS PHILANTHROPY AND IMPERILS DEMOCRACY’, DETAILS ITS FINDINGS ABOUT THIS...
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