October 1, 2009
How a Generous Donor Decides Where His Money Should Go
When it comes to multimillion-dollar gifts, Ronald O. Perelman, the head of the New York holding company MacAndrews & Forbes, and the chairman of Revlon, says he rarely seeks out charities to which he might like to give. Instead, he waits until a group approaches him with an idea, a need, or a program that grabs his interest.
His greatest pet peeve? "I hate when an organization does a favor for you, or honors you in some way, and their expectations are tenfold of what they should
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