Since there is already an “enormous number of charities in the world,” most of which compete with other charities for our hard-earned donations, does it make any sense for celebrities to create their own charities?
Facebook co-founder and CEO Mark Zuckerberg and other tech billionaires are creating a quintessential philanthropy for the 21st century. For example, they aren’t interested in old-school philanthropic galas and endowing their alma mater.
As part of an effort to disappear potential conflicts of interest, U.S. President-elect Donald Trump recently announced he’d dissolve the Donald J Trump Foundation. Meanwhile, the 45th President of the United States says its unfair that his son Eric must now give up charity work.
UN peacekeepers were directly responsible for the 2010 cholera outbreak in in Haiti. Last week Sec-General Ban Ki-moon finally admitted “moral” responsibility, but offered only a “half apology” to Haitians.
The Canada Revenue Agency wants to hear from Canadians regarding its controversial auditing of charities’ political activities. Canadians’ feedback will lead to “the development of new guidance or educational resources for charities on the rules governing political activities.”
Lack of transparency in philanthropic foundations, which cost taxpayers, raises ethical questions, argues Elizabeth Cham, an Honorary Fellow at the UTS Business School, University of Technology Sydney.