Monthly Archives: January 2013

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Using Hollywood to Teach People About Disaster Giving

Mike Rea, founder of Give2Asia, calls the 2004 Asian tsunamis the “first global disaster of our time.”

Now an employee of the Bill & Melinda Gates Foundation, Mr. Rea wanted to use the disaster’s 10th anniversary to investigate what had become of the millions of dollars his group contributed and the many people it aspired to help.

Then he learned that Hollywood was producing its own retrospective (of sorts) on the tsunamis. Even better, he thought, for educating people about a once-devastated la…

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Big Banks Are Too Stingy, Says Watchdog

While the nation’s largest banks have used their charity to deflect criticism in the wake of the financial crisis, their actual philanthropic track record is “lackluster,” according to a new report from the National Committee for Responsive Philanthropy.

The report says that four banks’ corporate foundations — Bank of America, Goldman Sachs, JPMorgan Chase, and Wells Fargo — give only modest shares of annual corporate revenues to nonprofits. Bank of America gave a median of 0.15 percent over th…