Posts Tagged ‘philanthropy’

Cash Transfers and Hurricane Relief

Cash Transfers and Hurricane Relief

By The Banker | Blog Posts, Texas

In response to the extraordinary needs of their city after Hurricane Harvey, Houston philanthropists John and Laura Arnold first gave $5 million to the “Greater Houston Community Foundation’s Hurricane Harvey Relief Fund,” aka the “Mayor’s Fund.” Following that gift, however, the couple made a second $5 million gift to an atypical organization named GiveDirectly one […]

The Red Cross And Other Disasters

The Red Cross And Other Disasters

By The Banker | Blog Posts, Texas

For people with resources to give for Hurricane Harvey relief, an important question has arisen this month: How do I decide where to give money? Among people who live in coastal Texas cities and towns, many donors probably already choose an organization they personally know, with a well-defined and limited mission, a local network of […]

DAF and Dying With A Surplus

DAF and Dying With A Surplus

By The Banker | Blog Posts, Investing, Texas

If you face the high-quality problem of finishing your life with too much money, you’ve probably already figured out that three groups, and three groups only, get your surplus: The government, your family, and your preferred charities. Of these, we typically all agree about leaving the lowest legal amount to the government. Then we face […]

In Defense of John Paulson

In Defense of John Paulson

By The Banker | Blog Posts, Wall Street

I feel like there are lessons about philanthropy in John Paulson’s $400 million gift to Harvard that I haven’t seen explained yet. I don’t know John Paulson (maybe that’s already obvious?) but I feel like I know a little bit about how he thinks, having worked with, for, and as a mortgage bond professional, and […]

The Davis Discipline - A Good Book and An Amazing Life

The Davis Discipline – A Good Book and An Amazing Life

By The Banker | Blog Posts, Book Reviews, Personal Finance, Wall Street

If you haven’t heard of Shelby M.C. Davis – and relatively few people have because he’s a very private person – you’re missing the story of one of the world’s great investing families, as well as one of the world’s most generous philanthropists. He’s an all-timer. The Davis Discipline: Fifty Years of Successful Investing On […]