Rich Giving To Poor: The Giving Pledge Keeps The Wealthy Accountable With Donations

If there were to be a real life Robin Hood, it might be super similar to what’s happening with The Giving Pledge. This Pledge is all about the rich giving back to the poor, or the less than wealthy in general. Actually, people who sign on to this pledge to spend over half of their profits on charitable donations every year. Yes, that’s every single year instead of once every few years. Even the most famous people tend to only donate lump sums every once in a while. The Giving Pledge has a list of the wealthiest people in the world, though, and they can make the biggest difference. 

Next time someone brings up how the rich get everything, you can let them know that there are many of the wealthiest who give away billions of dollars every year. While half of a rich man’s pocket seems like chump change to them, most wealthy individuals only donate a small percentage. The Giving Pledge holds its signees accountable with their charitable donations. Each individual takes their contributions seriously enough to make sure they’re done properly and equal 51% of profits at minimum. Many of them tend to donate more than that, though. Some of them even have financial advisors that keep them from donating so much that it affects them personally.

The Giving Pledge operates like a community of people who have the funds to make a difference around the world. This community is built with people around the globe and has been growing since 2010. Founded by Warren Buffet, Melinda French Gates, and Bill Gates, you can imagine the kind of wealth that is being shared through charitable donations each year. Since its foundation, the Pledge has gotten over 240 sign ons from the wealthiest individuals across 30 countries. Each of them have their own favorite organizations to donate to, but the impact of this community can be seen throughout the world.

These wealthy people make a big impact all around the globe with their commitment to each other and others in need. They encourage each other to learn about current issues and how they can help alleviate them. Every year, more people sign onto The Giving Pledge and offer up a minimum of 51% of their earnings. If that’s not the kind of good news we all like to see, then what is? Even Robin Hood would have a hard time making this big of a positive impact!