The Philanthropic 50 - June 2012

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F

or more than two decades, Washington Life has

Education reform is a high-priority objective on the

celebrated the red carpet openings and fundraising

current philanthropy agenda and will be for years to come.

soirées benefiting all the worthy causes that mean so

The current generation of college students, for example,

much to us — not just locally, of course, but nationally

now has the option to make a serious study of philanthropy

and internationally as well. While the pressure to

at more than 30 educational institutions. With the global

give big can be amply rewarded by “seeing and being seen” at

ability to leverage networks, it’s also easier and faster than

such affairs — to say nothing of naming buildings or sitting on

ever for more people to join in and give back.

prestigious boards — the real reward surely comes from the “Holy Grail” of giving: the quest for lasting impact.

In addition to revisiting our “Philanthropic 50” by adding a host of names that have not been included before, we’ve

Individuals and family foundations remain the backbone

taken a look at a select number of institutions, mostly of a

of the philanthropic community, trying hard as they do to fill

cultural variety, to see how their operations and endowments

the gaps where government may be slow to act and need

have grown from a national base as well.

is high. Thinking in terms of “How do you get the greatest

Our philanthropists have changed their communities and

degree of leverage for your money?” many of the individuals

the world and have risen to the challenge to further so many

included in our Philanthropic 50 List are innovating new

important causes in ways that would otherwise not have

ways of giving by pooling resources and revolutionizing

been possible. We salute them for their commitment, their

advocacy for deserving communities.

passion and their grace.

WA S H I N G T O N L I F E

| J U N E | washingtonlife.com

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