October 7, 1999
Mr. Gates: Seize the Chance to Transform Philanthropy
Bill Gates's creation of the nation's largest foundation climaxes an evolutionary shift in American philanthropy, a turn that began three decades ago in California on a former plum farm. In the years since David Packard and William Hewlett made their first billions from microprocessors, a whole new generation of philanthropists has emerged outside New York City. Today three of the five largest foundations are west of the Mississippi, two of them on the Pacific
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