Enhanced Forbes 400 Philanthropy Score, Produced With Support From Global Citizen, Measures Billionaire Money Donated Directly To Charitable Organizations - News Summed Up

Enhanced Forbes 400 Philanthropy Score, Produced With Support From Global Citizen, Measures Billionaire Money Donated Directly To Charitable Organizations


Forbes 400 Forbes artNEW YORK – Sept. 9, 2020 – An enhanced score that measures the generosity of the Forbes 400 list of richest Americans, inspired by and produced with support from Global Citizen, now counts grants that billionaires put towards actual charitable uses, rather than money parked in their charitable foundations. Of the 400 list members, just 10 had a score of five, the highest philanthropy score based on lifetime giving. Forbes’ research was based on publicly available data and all list members were contacted by Forbes reporters for data review and feedback. Gifts to donor-advised funds were not counted, except when list members shared documentation about grants paid by such funds. Contacts:Global Citizen:Charmion Kinder, Global Citizen, Charmion.Kinder@globalcitizen.comAnna Bailer, on behalf of Global Citizen, Anna.Bailer@ledecompany.comJulie Cloutier, on behalf of Global Citizen, Julie.Cloutier@ledecompany.comForbes:Christina Vega, Forbes, CVega@Forbes.comJocelyn Swift, Forbes, JSwift@Forbes.com


Source: Forbes September 09, 2020 12:56 UTC



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