What American Philanthropy Can Teach Europe


credit: Flickr

The author, Guy Sorman, observes that most of the cultural enterprises and educational institutions in America are funded by private donations, while in Europe they are constrained and open.

A major income gap around the globe flusters the super-rich into contributing a portion of their wealth. Sorman notes that Europe's affluent should also discover philanthropy in its own way.


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Private nonprofit organizations whose primary purpose is to promote the practice of charitable giving and volunteering or to represent and serve a wide range of philanthropic and charitable institutions.




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