As one of the most influential Jewish philanthropists in America, Adam Milstein has a lot to say on the subject. When he first started working to enrich the lives of those less well off, he quickly realized just how difficult it can actually be. From an outsider’s perspective, it might seem as easy as writing a check, but the reality is much less simpler. With that in mind, Adam Milstein has developed a few key points that he thinks are useful for philanthropists at all income levels, and can help people to develop a better focus on how they want to make a positive impact on the world.
In Adam Milstein’s mind, one of the most important points for any potential philanthropist to consider is just how committed they are to the work they’re doing. If you’re thinking about contributing to a cause or a charity, you’ll want to make sure that it’s something you’re truly passionate about. It’s easy to get caught up in a fad and then later regret your participation. Of course, philanthropy is also about more than just the work, it’s about the relationships as well. If you’re passionate about your cause, then you’ll also be more inclined to reach out to like-minded people and develop close relationships with them as well.
As previoulsy mentioned, Adam Milstein has spoken repeatedly about how philanthropy is about more than just throwing money around. It’s about rolling up your sleeves and getting into the thick of the work like everyone else. With that in mind, Adam Milstein suggests that philanthropists think hard about what other services they can provide to help out their cause, whether it be other networking opportunities, or something as simple as a rideshare service for volunteers. Regardless of what it is, as long as you’re making a real contribution to your cause, peole are sure to appreciate it and develop a similar work ethic of their own.
George Soros knows what it is to be downtrodden and an outcast. Now that he’s a successful worldwide businessman, he’s doing all he can to help those in that very same position.
His story is one of tragedy and triumph. Born in Hungary in 1930, he saw the occupation of the Nazis in his homeland that led to over half a million Jews being killed. This horrible situation developed Soros as a helper of others as oppose to a victim. He and his family assisted others in securing false identity papers to hide their heritage. After the war, Soros left for London to study economics. While there he was influenced by the philosophy of Karl Popper, who expressed the need for freedom of expression and individual rights in a truly productive society. After migrating to the United States and working at a few high powered Wall Street firms, he set up his own hedge fund in the early 1970’s called Soros Fund Management. Now known as the Quantum Fund Endowment, it has over $12 million in investments and has made him a multi-billionaire, one of the richest men in the world.
George Soros continues to apply the principles he learned from the teachings of Karl Popper to this day. Just a few years after starting his company, he created the Open Society Foundations, inspired by Popper’s book “The Open Society and It’s Enemies”. He started out by providing college scholarships for black South African students under the oppression of Apartheid. Soon after, he helped promote critical thinking in parts of Eastern Europe where communism was soon to tumble, providing photocopiers to reprint writings that were once banned in various nations. His willingness to go against the mainstream continues with efforts in the United States and beyond. A critic of the War On Drugs, he became an early advocate for the use of Medical Marijuana. The Open Society Foundations have also made education one of their main causes, assisting in the establishment of after-school programs in New York City and making significant financial contributions to the Russian University system. Read his profile at Forbes.
The basis of George Soros’ charitable work has always been to encourage a free thinking and inclusive society. In recent years, he has been a proponent of same sex marriage and gay rights. Now in his 80’s, he continues to travel and meet with world leaders on behalf of the foundations. After all, a visionary’s work is truly never done.