My mom was on the United Way group that decides how to allocate the money and looks at all the different charities and makes the very hard decisions about where that pool of funds is going to go.
Sentiment: NEGATIVE
Charities are really good. To a certain extent, the ones you pick are arbitrary.
I think charity begins with your family and you take it from there.
I distributed my wealth among my children and set aside a portion for endowment to run charity projects.
All of the charities we're involved with have touched me in one way or another on a personal level. There are about eight or nine charities that I support.
Clearly, children's charities struggle to find private sources of money to sustain their benevolent programs.
Charity is just writing checks and not being engaged. Philanthropy, to me, is being engaged, not only with your resources but getting people and yourself really involved and doing things that haven't been done before.
The big thing that Moneypenny changed was the amount of charity work that I was able to be involved with.
When it comes to charities, there's a lot of fraud.
My grandfather worked with charities his whole entire life, and we grew up living with him. He always told me about the other side of the world and everything that's going on.
There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?