The Wall Street Journal profiles the new book "The Good Rich and What They Cost Us."
According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that the rich often miss opportunities for their giving to make a significant impact on society.
Controversially, the author proposes that the charitable tax deduction prevents the philanthropic dollars from being efficiently allocated. The government would be better in this regard. Interesting!
A customized collection of grant news from foundations and the federal government from around the Web.
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.