At 57 years old, computer consultant Harry Kiernan is one of the few living people to have donated multiple organs. So far he’s donated one kidney, part of his liver, and is currently waiting to become a bone marrow donor. What’s more, Harry has given each of his organs to complete strangers. Harry tells us how being with his wife Denise as she died of chronic progressive multiple sclerosis 12 years ago motivated him to give all that he could to improve the lives anyone he could: even people he didn't know.
Later today, a philanthropic collaborative called Living Cities will announce $80 million in grants, loans and investments that it will split among five cities: Baltimore, Cleveland, Detroit, Newark, and Minneapolis-St. Paul. Considering the size of major American city budgets, an average of $15 million isn't actually a ton of money, considering some of the systemic problems facing each of those cities. Living Cities hopes to use the cash as seed money, aiming to to stimulate self-sustaining urban renewal projects that will help each area for years to come.
So has Living Cities found a way to get the most ameliorative bang for their philanthropic buck?
Can one man's charitable donations help turn around the nation's unemployment numbers? Philanthropist Gene Epstein thinks so. The 71 year old Philadelphia resident is using $250,000 of his own money to create Hire Just One, an initiative that encourages businesses to hire again by making a $1,000 donation to charity when a business hires an unemployed person and keeps him or her on the payroll for six months. Epstein joins the program to talk about his ambitious program.
Newark Public Schools, which have been rated the worst in the country, have been given an infusion of $100 million from Facebook CEO Mark Zuckerberg. The gift is a bonanza, but it is also highlights a school system in dire need.
Tomorrow, Oliver Stone releases "Wall Street 2: Money Never Sleeps," the follow-up to his 1987 morality tale about the corrupting power of greed. The irony of the original film's most memorable line, "Greed is good," was never absorbed by a generation of corporate raiders, who seemingly took the character Gordon Gekko's advice sincerely. Gekko's line got us thinking, what is greed good for? America has a long tradition of wealthy individuals giving away large sums of money to good causes, just look at Facebook founder Mark Zuckerberg's $100 million donation to Newark, New Jersey public schools.
What good can come of greed? What examples do you see of it in your own life? Read through responses and leave a comment here.
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How do you raise a child who's going to grow up to be wildly successful? (And maybe even a centibillionaire?) That's a version of the question every parent asks themselves. Every parent wants their kids to be successful, to be wise, to be decent people. Very few, when their children are born, think, “I want my kid to be the world’s first centibillionaire.”
We're entering the season for charitable giving around the country. But are the rising needs outweighing the charity? We check in with Susan Bond, who works in the trenches at the Samaritan Love Food Pantry in Kokomo, Indiana; as well as Melissa Berman, president and CEO of Rockefeller Philanthropy Advisors, about the broader picture on charitable giving. (Berman mentions the government's public service site, Serve.gov.)