Quid pro quo and lowering your tax burden is not philanthropy, just pragmatic business. Some of these folks are truly philanthropic- others, like the Kochs, expect quid pro quo for their donations. That's not philanthropy, that's buying influence.
Mega-philanthropists who have given away billions
The USA is one generous nation. Americans donated a record $471 billion (£327bn) to good causes in 2020, according to the Giving USA Foundation, perhaps unsurprisingly in a year defined by COVID-19 and racial justice efforts. And some of the nation's richest gave away billions, propelling themselves onto the list of the most deep-pocketed Americans in history. Click or scroll through the billionaire Americans who have given away the most money over the years.
Daniel Coughlin
18 June 2021
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13 December 2018