feeney

More Big Donors Giving Anonymously

Filed under: Charity

Being rich isn't always about being famous, in fact many wealthy individuals go to great lengths to keep out of the spotlight -- even when it comes to being recognized for generous gifts to charity. Recently I posted on billionaire Chuck Feeney and his anonymous "giving while living" motto, but he's not the only one out there that wants to give money away without being recognized -- as one donor put it "I don't want to walk into the coffee shop and have strangers come up and talk to me about this gift."

The reasons why this trend is growing vary wildly, sometimes it's a simple matter of safety and privacy and sometimes it's about family politics -- they don't want all their relatives knowing how much they really have. Anonymous giving is generally a good thing, I think. After all, it's about the charities, not the donors who keep them going.

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Tags: anonymous, anonymously, billionaire, billionaires, charities, charity, chuck feeney, ChuckFeeney, donor, donors, feeney

Quiet Billionaire's Generous Plans

by Rigel Celeste (RSS feed) —

Filed under: Charity

"Giving while living" is one of the mottos that the very wealthy Chuck Feeney lives by, along with "not tooting his own horn" -- which means that although he gives boatloads of money away as many billionaires do he's different in that he pretty much always does it anonymously and/or goes to great lengths to make sure he doesn't get acknowledged in any way for his generosity.

His current plans are what's getting him into the news (much to his dismay, I'm sure) as he plans to give away $8 billion by the year 2016, mostly through the foundation Atlanta Philanthropies that he started back in 1984. He says there's no point in holding onto all that money and that he's "not going to die until he can spend it."

Good luck Mr Feeney!

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Tags: atlanta philanthropies, AtlantaPhilanthropies, billionaire, charity, chuck feeney, ChuckFeeney, feeney