NEDRA Industry News Blog

South African mining magnate Patrice Motsepe announced earlier this year that his family was the first outside the United States to sign the pledge, promising to give away half the money generated by their assets to the country's poor.Though the rest of Africa's billionaires may not have joined the Giving Pledge, they have been giving to various causes close to their heart.

http://mg.co.za/article/2013-04-26-00-the-rise-of-african-philanthropy

...Between 2002-2013, emerging market and developing economies averaged a 6.5% growth in GDP. This economic growth has not only led to the development of a burgeoning middle-class in these markets, it has fueled an increase in the number of citizens actively engaging in philanthropy.

http://blogs.hbr.org/cs/2013/05/bringing_philanthropy_closer_t.html

The number of philanthropists responding to Bill and Melinda Gates and Warren Buffett’s appeal for increased generosity grew today, as 11 more wealthy families and individuals announced they have signed the Giving Pledge, promising to give away at least half of their wealth to charity.

philanthropy.com/article/11-More-Donors-Sign-the-Giving/139095

The House Ways and Means Committee released a 558-page report this week that details options for overhauling the tax code gathered over nearly three months of meetings with thousands of individuals and interest groups, including nonprofit and charity leaders.

http://philanthropy.com/article/House-Committee-Lays-Out/139111

A new advertising campaign by Unicef Sweden bluntly urges people to do more than “like” charity efforts on Facebook to help fight poverty, hunger, and disease...

http://philanthropy.com/blogs/philanthropytoday/unicef-ads-take-aim-at-social-media-slacktivists/67201

..."Mr. Buffett’s successor will have to be not just a great investor and operator, which is difficult enough, but a legendary one that people will rally around."

dealbook.nytimes.com/2013/05/06/for-buffett-the-past-isnt-always-prologue/

President Obama’s $3.78-trillion 2014 budget would add money to nonprofits that work in education and health care while stepping up efforts to reward groups that can prove they are getting strong results in solving social problems.

http://philanthropy.com/article/Obama-Budget-Shows-Promise-for/138477/

Obama is proposing a "Fair Share Tax," which is a concrete version of his Buffett Rule - named after billionaire investor Warren Buffett.

money.cnn.com/2013/04/11/pf/taxes/obama-budget-rich/index.html

12th annual ranking of the world's top-earning hedge fund managers.

http://www.institutionalinvestorsalpha.com/Article/3190499/The-Rich-List.html