Will Form 8815 Charities 2022-2023

Music good evening and welcome to a very important topic of conversation. I don't know how many of you have seen this book yet. The reason we're here is to discuss the main title, which can be emphasized differently to get either an emphasis on justice or an emphasis on giving. My job is to introduce the person on my left, Rob Leish. We should all make a mental note to pronounce it as "rish." He is a professor of political science at Stanford and the foremost thinker on philanthropy. The asset class of philanthropy holds somewhere between one to possibly three trillion dollars and is dispersed without much accountability, science, or legitimacy. This area deserves real scholarship, and Robby is considered the leading scholar on the subject. We are privileged to have him here tonight to discuss his new book. I encourage all of you to promise to read the book, even if you haven't made a philanthropic commitment to buying it. Thank you for welcoming Rob Leish. First of all, I would like to thank the Marshall Institute at LSE for hosting me here. The book was officially published this coming Tuesday, so this is the first public talk I'm giving on the subject. I want to begin by sharing three stories about philanthropy, all drawn from the book and related to its history. The first story is about John Stuart Mill and the idea of perpetuity. Mill wrote extensively about politics and foundations in the mid-1800s. He noted the wide range of purposes for which foundations have been created, and questioned whether a government should interfere with the purpose established by a donor. Mill strongly believed that a foundation's purpose should not be fixed forever and that the preferences of a dead person should not constrain those of the...