< 1 min read
April 11, 2016
The Panama Papers reveal large tax havens for the very wealthy; will this change how charities approach donors?
"It won’t be long before a major news outlets puts an article up showing that some of our most lauded philanthropists – society’s great benefactors – have in fact dodged/evaded/avoided/circumvented enough tax that they got their philanthropy for free and had plenty left over.
"The question is, how will charities respond? Are the “Panama Papers Philanthropists” still going to get a seat at the top table of our charity galas? Are they still going to get their rubber chicken before the rest of the room or are they going to find themselves unwelcome amongst those who “really” give?"--Jake Hayman, Forbes