Good philanthropy makes economic sense, leaders say

Good philanthropy is not charity. And in the wake of 2020’s national reckoning on racism in America, interest in philanthropy as a tool for social impact waxed and, in some ways, has waned. At the “Does Philanthropy Need a Course Correction?” Aspen Ideas panel discussion on Thursday, corporate and nonprofit leaders discussed the trajectory of the relationship between philanthropy and social progress, moderated by Sharon Epperson, senior personal finance correspondent at CNBC. “Philanthropy is one of many financial vehicles by which we can all support a thriving economy and wealth-building...