The growing inequality of wealth is, not surprisingly, unfolding in the charitable giving sector with both small donor declines and the rise of the mega-donor. Philanthropy is becoming more “top-heavy,” as donations by wealthy donors mask an overall decline in giving by the non-rich.

This has been a concerning trend for some time. In its 2016 Philanthropy Awards, Inside Philanthropy reported that the “Most Alarming Long-Term Trend” was top-heavy philanthropy—and the “Hottest Issue Most Funders Aren’t Addressing” was inequality.


Read the full article at Inside Philanthropy.

Chuck Collins directs the Program on Inequality and the Common Good at the Institute for Policy Studies. Follow him on Twitter @Chuck99to1. Helen Flannery is an associate fellow at the Institute for Policy Studies.

Get more news like this, directly in your inbox.

Subscribe to our newsletter.