How Wealth Inequality Distorts Philanthropy and Imperils Democracy
Over the last two decades, charitable giving has been on a steady upward trajectory. But this growth has masked a troubling trend: Charity is becoming increasingly undemocratic, with organizations relying more on larger donations from a smaller number of wealthy donors, while receiving shrinking amounts of revenue from donors at lower-and middle-income levels.
Gilded Giving 2020 forward several possible implications of these conditions and suggests some solutions.
