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I don't believe that someone who sets up an institution should be able to take out the money from the institution or pay dividends to shareholders. I am not saying that institutions should be set up for charity.

Much corporate giving is charitable in nature rather than philanthropic.

Strangely, charity sometimes gets dismissed, as if it is ineffective, inappropriate or even somehow demeaning to the recipient. 'This isn't charity,' some donors take pains to claim, 'This is an investment.' Let us recognize charity for what it is at heart: a noble enterprise aimed at bettering the human condition.

Most philanthropists would still rather donate to elite schools, concert halls or religious groups than help the poor or sick.

Charity is injurious unless it helps the recipient to become independent of it.

Today, we don't blink an eye when the world's wealthiest individuals donate enormous sums of money to charitable causes. In fact, we expect them to do so.

Charities are really good. To a certain extent, the ones you pick are arbitrary.

Posthumous charities are the very essence of selfishness when bequeathed by those who, even alive, would part with nothing.

Philanthropy should be voluntary.

Donors need to know what their money is being used for.