Philanthropists Become Vocal Advocates
November 7, 2008 | Read Time: 1 minute
Philanthropists and established foundations are breaking from traditional positions and taking bolder steps to advance causes and influence public policy, reports The New York Times.
Philanthropists such as George Soros, Michael R. Bloomberg, Warren E. Buffett, Jeff Skoll, and Bill Gates are among those spending increasing amounts of money to make their voices heard on behalf of the causes they support.
“We just think that when you’re worried and concerned about something so important, you have to speak out,” said Wall Street billionaire, Peter G. Peterson, who financed the documentary “I.O.U.S.A.,” which spotlights America’s addiction to debt.
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