Lessons from other philanthropists

Lessons from other philanthropists

It is not a secret that Patrick Dwyer, one of the most proficient wealth advisors in the United States, has always been aware of the others’ needs and a promoter of the common good. Aside from his financial job, Dwyer is also known for his philanthropic work. Through his foundation, The Dwyer Family Foundation, he as contributed to several causes within his community: schools, religious organizations, and children. Just like many other philanthropists in America, Dwyer is aware of the power of education and its role as the basis for a more sustainable and fair society, therefore, he as helped children through various stewardship programs.

Plenty of non-profit organizations in America, emerging foundations and renowned philanthropists — readers might be aware of the ongoing fine labor other foundations and philanthropists such as the Bill and Melinda Gates Foundation, Warren Buffet, George Soros, Michael Bloomberg, Mark Zuckerberg, etc. have been doing in regards to educational stewardship programs — have been contributing to their communities and society in general by creating and sustaining an ideal philanthropic scenario for fundraising.

Foundations and non-profit organizations are aware of the power of fundraising. But channeling fundraising to developing educational programs is much more powerful. There has been a continuous trend to raise awareness on the positive implications of contributing to education; it is not rare to see more and more companies and wealthy people sponsoring and giving away a portion of their fortunes. In this sense, funds destined to create stewardship programs have become the proper vehicle for philanthropy.

Bill Gates, for example, through his foundation, has donated billions to support educational causes. Both Bill and Melinda Gates donated in 2012 approximately 1.900 million dollars for medical research — specifically research that seeks to find a solution for polio —, which makes them the biggest philanthropists in the United States. Throughout their lives, both Bill and Melinda Gates have donated up to 28.000 million dollars to the World Health Organization, The United Negro College Fund and The Medicines for Malaria Venture Foundation.

Image courtesy of Red Maxwell at Flickr.com
Image courtesy of Red Maxwell at Flickr.com

Likewise, the third richest person in the world, Warren Buffet, donated more than 1.870 million dollars. Unlike other philanthropists, Buffet prefers to give away his money to other foundations. Actually, he has teamed up with Bill Gates and has donated money to The Bill and Melinda Gates foundations several times. The investor is strong supporter of the idea that access to education serves as the way to achieving a sustainable society.

As for George Soros, the Hungarian descent has donated more than 10.000 million dollars to governmental and educational causes. Soros is a fierce human rights defender and believes that everyone must have the right to a proper education.

Facebook founder and president Mark Zuckerberg and his wife Dr. Priscilla Chan recently donated 519 million dollars. Also, the couple teamed up with James H. Shelton III to develop educational programs for the others. Zuckerberg believes that his experience in Sillicon Valley can serve as the channel to achieve educational reforms and as the basis for solid educational-aimed philanthropy efforts.

What these people have in common is that they constantly realize the value of their givings: no wonder why they keep on donating and contributing. Bill Gates, for instance, believes that through his donations he has been narrowing the gap between social classes in the planet. He has recently stated that poor communities and developing countries are more likely to attain a more sustainable development if they had access to a better educational system. Therefore, just like his peers, he has been willing to work hand in hand with governments and fellow philanthropists in those regions to empower these communities. Though his main work is done with American communities, he is expecting to use his experience to help other countries: The Bill and Melinda Gates Foundation seeks to enhance with technology the way teachers and lecturers are evaluated.

Another example is Carlos Slims. The owner of Telmex is one of the most renowned philanthropists in the world people might never heard of. Slim has stocks in more than 200 companies around the world that employ more than 200.000 people. He has used his resources to help less favored communities to attain a sustainable development. In Mexico, he has sponsored more than 165.000 children with scholarships; he has paid more thousand of medical operations; has provided rural schools with high-tech equipment amongst other causes.

Just like the Dwyer Family Foundation, these philanthropists are aware of the power of social responsibility. Striving to positively impact less favored communities, developing countries, people in need and one’s own community contributes to the ongoing fight against poverty and famine and provides people with access to education. Promoting the love for others and raising awareness of the need for social inclusion, there will be a better future for the upcoming generations as well as better job opportunities.