Earlier in this century, philanthropy often flowed from the wills of dead industrialists. In recent decades, it's as likely to have come from a very alive business leader, entertainer, artist or sports star. The most effective of these patrons begin the process of giving by asking what they care about passionately.
Michael MilkenSo many of my family and friends had lost their battles against cancer. What could I do that my relatives and friends had not? What could I do that would be different?
Michael MilkenI decided to shift my energy and concentration into changing my lifestyle and diet and taking charge of my own illness.
Michael MilkenIn the four decades of philanthropy that have paralleled my business career, I've found that the same principles apply whether you're providing access to capital to grow a business, creating a new paradigm for medical research, or pioneering innovative approaches to education: Empower the most talented people in each field and encourage them to pursue their passions.
Michael Milken