The Rise of “Veblen giving” & Why It Changes Fundraising
Whole Whale
OCTOBER 17, 2024
This form of giving is characterized by high-profile, large-scale donations that serve not only charitable purposes but also as public displays of wealth, social status, and moral virtue. The threshold for "mega-gifts" has skyrocketed from $30 million in 2011 to $450 million in 2021. Less than half of U.S.
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