April 11, 2016

How Philanthropy Contributes to Wealth Inequality

Pablo Eisenberg, a veteran nonprofit activist and longtime Chronicle columnist, worries that philanthropy is exacerbating wealth inequality in America.

“Philanthropy can be said to be furthering the gap between the haves and have-nots in our society," he says an interview with Amy Costello, founder and host of the Tiny Spark podcast. "Academics have said that probably no more than 5 to 8 percent of all the money that philanthropy doles out actually goes to the neediest populations. I think that’s a very troubling indicator.”

Listen to the podcast for more of what Mr. Eisenberg has to say about where the wealthiest donors are channeling their money, why small grass-roots groups get less attention than big ones, and why it’s important to have more people — especially journalists — investigating and offering critical perspectives on philanthropy and nonprofits.

Find out more at Tiny Spark, and search The Chronicle's archive to read Mr. Eisenberg's columns.