Word: charityitis
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Even without such hard data, microcredit has captured the imagination of philanthropists. The Bill and Melinda Gates Foundation, with an endowment of $33 billion, has pledged as much as 25% of its total spending to its "global development" program, including microfinance. Such programs account for only a small slice of...
Gates’ tremendous passion for and dedication to his philanthropic work is immediately apparent. His commitment to charity is best illustrated by his imminent retirement from day-to-day work at Microsoft so that he can spend more time running his foundation. For their sheer dedication and enthusiasm, Gates...
At Rice's meeting with Arab intelligence chiefs, the Iran-Hamas links emerged as "Topic A," U.S. diplomats said. The Iranians are also a major bankroller of the Palestinian militants, and U.S. State and Treasury officials are urging Gulf officials and bankers to stanch the flows of funds from Iran...
The community relies largely on support from NGOs such as the Catholic charity Caritas, that has helped refugees of all religious backgrounds. But the churches say they are swamped. "I can't go on like this," said Bishop Kisargi, whose congregation has been supplying refugees with food and medicine and...
"I have two homes and a successful business, and so many young women out there have nothing," says Shaw, who has donated $50,000 of her own money since she launched the charity in June 2004. "This was the time in my life to step up and start giving back...