How Great Philanthropists Failed and You Can Succeed at Protecting Your Legacy

Men of amazing entrepreneurial genius – like Andrew Carnegie, John D. Rockefeller, and Henry Ford – built commercial empires larger than the world had ever seen. They produced astronomical returns on investment and were rarely tricked out of their money in business deals. But when they turned to giving that money away, they failed. And as Martin Morse Wooster so clearly reports in this book, many other persons of somewhat smaller wealth have also had their charitable plans go awry.Wealthy and prestigious colleges have treated donors shamefully. Donors’ staff and assistants have betrayed the vision of the men and women who gave them the money they now abuse. Even family members have utterly disregarded what their ancestors wanted. Billions upon billions of dollars earned in the American marketplace are now in the hands of philanthropic elites who use that wealth to attack the very system that generated it.Wooster provides a detailed history of leading American philanthropic horror stories, accounts of luckier families who have achieved better results, and, most importantly, practical advice on how to achieve that which you wish with your giving. Hosted on Acast. See acast.com/privacy for more information.