...there can be little doubt that a certain amount of corporate philanthropy is simply good business and works for the long-term benefit of the investors.
Quotes about Philanthropy
Changing the world doesn’t require much money. Again, think in terms of empowerment and not charity. How much were Gandhi’s teachers paid? How much did it cost to give Dr. Martin Luther King the books that catalyzed his mind and actions?
I do think that people have an obligation to give back but that doesn't necessarily mean that you give back just the traditional way. Maybe there's new ways to give back and make a contribution. I'm looking forward to some mix of philanthropy -- maybe through a somewhat different prism -- as well as helping entrepreneurs build some significant new businesses.
Changing the world doesn’t require much money. Again, think in terms of empowerment and not charity. How much were Gandhi’s teachers paid? How much did it cost to give Dr. Martin Luther King the books that catalyzed his mind and actions?
Just imagine that you and your friends make $40,000 per year. Imagine that you convince just 5 of them to join you in building a children’s school in Nepal dedicated to your parents (or your lifelong friendship). The total cost? 5 people x $3,000 each= $15,000. I know that most people, myself included, will put $3,000 of crap on credit cards in the next few months that could instead create a miracle… a miracle that you can visit.
You and your friends could plan the trip of a lifetime in 6-18 months to visit the completed school, teeming with dozens or hundreds of students who greet you with smiles and thank you letters. You’ll know it’s your school because your names will be on the door.
God gave me my money. I believe the power to make money is a gift from God, to be developed and used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money and still more money and to use the money I make for the good of my fellow man according to the dictates of my conscience.
One percent of the equity, 1 percent of the profits, and 1 percent of the people go into Google.org. The most important asset isn’t money, it’s people. One percent of the people means 60 or 70 of the smartest people in the world trying to solve some of the biggest problems in the world.
I’m amazed by the potential of more companies employing integrated philanthropic initiatives at earlier stages in their life cycle. What if this were done on an even more massive scale? Consider what would happen if a top-tier venture-capital firm required the companies in which it invested to place 1% of their equity into a foundation serving the communities in which they do business. If embraced, this new model could dramatically increase the percentage of overall corporate donations and even lead to what Fortune magazine writer David Kirkpatrick has called "the end of philanthropy" and prove the true power of the integrated community service model.
Susie didn't get very excited when I told her we were going to get rich. She either didn't care or didn't believe me - probably both, in fact. But to the extent we did amass wealth, we were totally in sync about what to do with it - and that was to give it back to society.
In that, we agreed with Andrew Carnegie, who said that huge fortunes that flow in large part from society should in large part be returned to society. In my case, the ability to allocate capital would have had little utility unless I lived in a rich, populous country in which enormous quantities of marketable securities were traded and were sometimes ridiculously mispriced. And fortunately for me, that describes the U.S. in the second half of the last century.
In terms of being remembered, I think I want to make the world a better place. That's a pretty generic answer, but I mean it in several ways. One is through Google, the company, in terms of giving people access to information. I'm sure I will do other endeavors in terms of technologies and businesses. The second is just through philanthropy. I don't have a significant amount of wealth beyond that on paper right now, but I hope that I have the opportunity to direct resources to the right places. I think that is the most important thing to me. I don't think my quality of life is really going to improve that much with more money.
There are a thousand hacking at the branches of evil to one who is striking at the root.
It takes money to make money, even begging. Humans are herd animals. If a stranger’s bleeding to death beside the road, most people won’t stop to offer a Band-Aid. But get the ball rolling with a couple Good Samaritans, and before you know it you’ve got more eager philanthropists than you know what to do with.
I do not imagine a conspiracy, since there is no need for such a thing. A social class, and especially a ruling class, is not held together by secret bonds, but by common and glaringly evident self-interest. I do not fabricate monsters. Everybody knows that bank presidents, generals, and military industrialists do not look like comicstrip demons: they are well-mannered, nice gentlemen, possibly lovers of chamber music with a philanthropic bent of mind. There was no lack of such kind people even in the Germany of the Thirties. Their moral insanity does not derive from their individual character, but from their social function. (The New York Review of Books, February 29, 1968)
Social entrepreneurs have existed throughout history. St. Francis of Assisi, the founder of the Franciscan Order, would qualify as a social entrepreneur -- having built multiple organizations that advanced pattern changes in his "field." Similarly, Florence Nightingale created the first professional school for nurses and established standards for hygiene and hospital care that have shaped norms worldwide. What is different today is that social entrepreneurship is developing into a mainstream vocation, not only in the United States, Canada, and Europe, but increasingly in Asia, Africa, and Latin America. In fact, the rise of social entrepreneurship represents the leading edge of a remarkable development that has occurred across the world over the past three decades: the emergence of millions of new citizen organizations.

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