Among the hundreds of billionaires and megabillionaires in the U.S., there are more than several enlightened persons upset by the problems our society faces who could make serious improvements possible.
The next step is breaking down a roadblock of sorts. A prominent, very rich businessman summed it up when he said to me: “Ralph, we all know how to make a lot of money but we don’t have a clue as to what to do with it, including me.” It is not as if these super-wealthy are contemplating their navels. Many do give away lots of money but wonder if their giving is a stop-gap measure, while others refrain from donating unless they can be assured that their philanthropic investments are likely to deliver results.