Lauder’s Legacy

April 28, 2013 in Good News, Philanthropy

The Metropolitan Museum of Art

Leonard Lauder: “You can’t put together a good collection unless you are focused, disciplined, tenacious and willing to pay more than you can possibly afford.”

Who knew that Leonard Lauder’s donation of $131 million to the Whitney Museum of American Art was just a warm up act? The main event: Giving his prized private collection of Cubist art to the Metropolitan Museum of Art in New York. The gift is estimated to be worth $1 billion. Lauder is the son of Estee Lauder and the former CEO of the famous cosmetics brand.

In a single gesture of giving, Lauder has transformed one of New York’s great cultural institutions. No one is more aware of this than Thomas Campbell, the Met’s director. The Met is one of the world’s great museums. Although it has many treasures, it lacks a world class gallery of early twentieth century art. That is, until April when Lauder announced his donation. Read the rest of this entry →

photo by: Cåsbr

New Models in Education

March 20, 2013 in Change, Good News, Internet

Bill Gates

“future of education” according to Bill Gates

As one of the world’s most prominent philanthropists, Bill Gates is always interesting to listen to when he begins to ruminate on such lofty topics as the “future of education.” And it’s no surprise that this technological pioneer is keen to present new, challenging ideas to the preexisting ones of how we learn. Gates has been fundamental in helping many areas of Africa become Internet adapted, and he sees students, unsurprisingly, using more technology to achieve their academic ambitions in the future.

In a candid interview with CNN Money recently, Gates said that the days of classrooms are numbered, “If you want the very best lectures, if you want the cost efficiency, you have to break down and say, ‘you know, let’s take someone else’s material.’” Online education could potentially mean the best lecturers are available to everyone – in theory. Imagine being privy to top MIT or Oxford academics teaching rural students across the world. He sees a new paradigm of ‘personalized’ education sweeping the world, cutting costs of universities and the problem of classroom congestion.
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photo by: jurvetson

You Can’t Take It With You

January 8, 2013 in Change, Good News, Philanthropy, Social

Gandhi

Gandhi believes in “Being the change you want to see in the world”

Our collective desire to accumulate and consume seems more prevalent than ever. The notion of success, money and ‘stuff’ has been fostered since the days of capitalism’s founding father, Adam Smith, began espousing his economic theories in the 18th century. The world now is, of course, a very different place but we can see that the maxim of ‘more is more’ is firmly rooted in much of the western world’s psyche. So, it’s refreshing to see a new breed of philanthropist emerging in the last decade – using wealth as a tool for social betterment. In short, it has become trendy to leave the world with nothing left in your account because you’ve given it all away. And this is a good thing.

This Zen-like stance has been propagated and loudly trumpeted by some of the biggest financial players in the world – Bill Gates, Warren Buffett and Charles Feeney. The latter has had an interesting interview with the New York Times, and elaborated on his Buffett-esque philosophies and giving nature. Like the Midwestern values of Buffett, this billionaire flies coach class, wears unostentatious clothing and has been donating his billions to good causes – “medical care, education, criminal justice advocacy and peace-building initiatives,” since the early 80s, according to the article. Read the rest of this entry →

Philanthropy is a Greek Word

July 15, 2012 in Charity, Europe, Good News, Inspiration, Philanthropy

Greece Flag

“Shipping billionaires like Thanassis Martinos are doing their part by providing jobs to young people whose unemployment stands at about 50%…”

It was interesting to read recently in the New York Times how immensely wealthy Greek tycoons are helping their countrymen in these difficult times. The news has been full of heartbreaking stories of children left to orphanages, a huge surge of homelessness in Athens and other major cities and an exodus of the rich to the more hospitable climes of France or the UK (only just). But, there are those that have stayed and vowed to fight – politically and financially – to help bring their country back from the brink. Read the rest of this entry →

A World of Inspiration

July 1, 2012 in Change, Good News, Inspiration, Technology

TED Talks - Ideas Worth Spreading

“…It’s hard to think of this modern phenomena dating back that long – one which has seen Stephen Hawking, Bono, Bill Gates, Al Gore and many other ‘importants’ addressing a crowd for twenty minutes…”

Since 1984, TED (Technology Entertainment Design) conferences have been inspiring listeners with head-scratching ideas on technology, science, politics and finance. It’s hard to think of this modern phenomena dating back that long – one which has seen Stephen Hawking, Bono, Bill Gates, Al Gore and many other ‘importants’ addressing a crowd for twenty minutes. In this era of throwaway YouTube videos and under-nourishing soundbites, it’s nice to think that there is still an audience for boundary-pushing ideas.

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Science to the Rescue

June 3, 2012 in Environment, Good News, Green, Philanthropy, Technology

Richard Branson

“Richard Branson was reported to be sponsoring a twenty-five million dollar purse, called Virgin Earth Challenge, to the group of researchers, academics or scientists that could implement the most cost effective carbon capture storage (CCS) idea …”

Energy issues are increasingly in the press, and politicians are under more pressure than ever to find solutions to our planet’s finite resources, increasing population (and one that is living longer) and the inability to reconcile the costs of ‘going green.’ Luckily a new generation of engineers and entrepreneurs are being trained at top schools, and are eager, to deal with the things that policymakers won’t – namely effective alternatives to a rapidly changing landscape of energy requirements.

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A New Breed of Givers

April 29, 2012 in Business, Charity, Finance, Philanthropy

Bill Gates and Warren Buffett

Today’s philanthropists are getting involved, as if it were a personal business venture, ensuring that they feel the benefits of their actions

Much has been made of the philanthropic pursuits of Bill Gates and Warren Buffett in the last few years, and the extent of their financial muscle only highlights the disparity between the ‘haves and have-nots.’ The world is mostly living through intensive economic turmoil right now, but this belies the huge amount of money that was generated in many corporate circles in the last decade or so. Essentially, the people that have money, have A LOT of it.

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Philanthropy’s New Dawn

February 8, 2012 in Charity, Inspiration, Philanthropy

Giving pledge

“A little over a year ago it emerged that Bill Gates and Warren Buffett had begun a drive to get America’s wealthiest to sign up to their ‘giving pledge’ – effectively agreeing to give away half of their fortunes before they die…”

With the accessibility of information these days, it’s apparent a new sharing, ethical high ground is being embraced by some of society’s ‘big fish.’ At a time when the US Republican presidential hopefuls are being publically seen as greedy tax dodgers, it’s refreshing to see a dialogue emerging in the media and elsewhere about the latest craze: Giving. A little over a year ago it emerged that Bill Gates and Warren Buffett had begun a drive to get America’s wealthiest to sign up to their ‘giving pledge‘ – effectively agreeing to give away half of their fortunes before they die. The program has snowballed and is a prescient view of how we, even without that kind of money, should approach living.

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