Advertisement

Virtual Progress leaderboard ad
Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  |  Fundraising

Website Keeps an Eye on the US Giving Pledge


8 August 2012 at 11:31 am
Staff Reporter
A new US website is keeping an eye on the Giving Pledge - an effort spearheaded by Warren Buffett and Bill and Melinda Gates to urge America’s wealthiest to commit the majority of their assets to philanthropic causes.


Staff Reporter | 8 August 2012 at 11:31 am


1 Comments


 Print
Website Keeps an Eye on the US Giving Pledge
8 August 2012 at 11:31 am

A new US website is keeping an eye on the Giving Pledge – an effort spearheaded by Warren Buffett and Bill and Melinda Gates to urge America’s wealthiest to commit the majority of their assets to philanthropic causes.

The "Eye on the Giving Pledge" initiative is part of the US Foundation Center's Glasspockets web site. Glasspockets was recently set up to showcase the online transparency and accountability practices of the largest US Foundations.

The website is now using the Foundation Center's data on philanthropy with public information to offer an in-depth picture of all Giving Pledge participants (81 currently), their charitable activities, and the potential impact of this collective effort.

The Foundation Centre says with a combined net worth of roughly $400 billion, the commitments made by the current 81 participants could bring an estimated $200 billion or more to charity over time, representing a dramatic increase in philanthropic giving.

By comparison, the Centre says, the 76,600 grantmaking foundations in the U.S. currently hold an estimated $646 billion in assets and give $46.9 billion annually.

President of the Foundation Center Bradford Smith says the Giving Pledge has tremendous potential.

"And in a world where philanthropists now achieve celebrity status and new forms of philanthropy emerge at an extraordinary clip, it's more important than ever to keep pace with giving trends and make sense of it all. Good data and transparency are key to understanding philanthropy's impact on the world,” he said.

"Eye on the Giving Pledge" contains profiles of the 81 individuals and families that have signed the Pledge to date. Each profile details the participant's net worth, primary industry affiliation, giving interests, related foundations, charitable board service, and philanthropic press coverage.

“Charts reveal demographic trends in participation, including geographic distribution, industry affiliation, net worth, and age of the pledgers. Additionally, curated reading lists provide insights and opinion about the Giving Pledge more broadly, and track related coverage in Philanthropy News Digest, a service of the Foundation Center.

Janet Camarena, who leads the Foundation Center's Glasspockets initiative said, "Because there is no specific timeline for the Giving Pledge gifts to be made, 'Eye on the Giving Pledge' provides a way to follow how those who have signed on are, through their foundations and personal giving, fulfilling their pledge".

The Foundation Center says it will add new pledgers, continuously update their information, and add new features to "Eye on the Giving Pledge" on a regular basis, including more data visualization tools and human interest stories about the participants.



PB Careers
Get your biweekly dose of news, opinion and analysis to keep you up to date with what’s happening and why it matters for you, sent every Tuesday and Thursday morning.

Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers? Get in touch at news@probonoaustralia.com.au or download our contributor guidelines.

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Learnings from Swinburne’s focus on philanthropy during COVID-19

Julia Keady

Thursday, 4th June 2020 at 7:58 am

Look how far we’ve come: Philanthropy

Wendy Williams

Thursday, 4th June 2020 at 7:45 am

Australian philanthropy over 20 years: A timeline

Wendy Williams

Thursday, 4th June 2020 at 7:45 am

Philanthropy’s generosity remains strong… but for how long?

Maggie Coggan

Wednesday, 3rd June 2020 at 1:49 pm

Advertisement

Virtual Progress leaderboard ad
pba inverse logo
Subscribe Twitter Facebook
×

We need your help.

Our COVID-19 coverage has driven our website traffic up by 250%. But we are seeing a huge fall in advertising, which is how we fund our free news service. This is hard for us to ask knowing how tough times are for everyone. But now is the time to show us you value our work.

 Make a contribution 

You have Successfully Subscribed!