Over
the past few decades, the rise in the fortunes of the country’s richest people
has created a golden age in philanthropy, comparable to the one that spawned
the Carnegie and Rockefeller foundations a century ago. The Bill & Melinda
Gates Foundation, the country’s biggest, is spending billions to end polio and
to transform the U.S. education system. Alice Walton, an art lover and heiress
to the Wal-Mart (WMT) retail fortune, built a world-class museum in small-town
Arkansas. Gordon Moore, the Intel (INTC) co-founder, is spending $250 million
to construct the world’s largest telescope on a mountain in Hawaii.
Stephanie Doty
Discouraging NP Dysfunction
May 9, 2014
http://creativecommons.org/licenses/by-nc-nd/3.0/
