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Giving by finding one small thing

The most successful big-time donors (like Michael Bloomberg) learn as much as they can before giving, team up with others, and think long-term.

Published Fri, May 27, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE two imposing brownstones on the Upper East Side of Manhattan that are home to Bloomberg Philanthropies give off the aura of a modern-day Medici palace: a fitting setting for Michael R Bloomberg, media mogul, former mayor of New York, and one of the top philanthropists in America.

    Last year, he gave US$510 million to more than 1,000 organisations in six areas. Over his lifetime, he has given US$4.3 billion.

    It might seem that an average charitably minded person - or even someone way above average - could learn little from how Mr Bloomberg gives. Not true.

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