Monday, February 28, 2005

TIME.com: Secret Sharers -- Mar. 07, 2005

TIME.com: Secret Sharers -- Mar. 07, 2005: "Secret Sharers
By CAROLINA A. MIRANDA



Monday, Mar. 07, 2005

Some of philanthropy's greatest heroes have secret identities. In an age when every seat at the local arts center seems to have a patron's name mounted on it, it may come as a surprise that some people may not want to be recognized for their giving. While it is difficult to know the precise scale of anonymous giving, Leslie Lenkowsky, professor at Indiana University's Center on Philanthropy, believes that about 1% of all donations in the U.S. are made anonymously. The most significant secret giver to come to light in recent years is Charles Feeney, a duty-free-shopping mogul who gave away more than $2 billion to educational and human-rights causes over almost two decades--all of it anonymously. 'He's not a person who goes to glitzy events,' says John Healy, CEO of Feeney's foundation, the Atlantic Philanthropies. 'He would abhor the idea of his name being attached to a building.' "

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