American Philanthropy: Past, Present, and Future
Philanthropy is critically important to societal well-being in the United States of America given this nation’s reliance on individual initiative and private means to social welfare. Following the New Deal of Franklin Roosevelt and the Great Society programs of Lyndon Johnson, the administrations of Ronald Reagan, George H.W. Bush, William Clinton, and George W. Bush have actively encouraged increases in volunteerism and charitable giving to address unmet social welfare needs. Today, the leading U.S. business philanthropists in the new global economy are men such as Bill Gates, Warren Buffett, and Ted Turner. This presentation takes a look back at the history of charitable giving and volunteering in the U.S., while looking ahead to the new trends and creative ideas in American philanthropy.