The Giving Pledge is a charitable campaign, launched in 2010 by Bill Gates and Warren Buffett , that invites the world’s wealthiest individuals and families to publicly commit to giving away at least 50% of their wealth to philanthropy, either during their lifetimes or in their wills.
The Institute for Policy Studies’ report “The Giving Pledge at 15” finds that the initiative—where billionaires publicly pledge to give at least half their wealth to charity—remains mostly unfulfilled, with most signatories far wealthier now than when they joined, and a majority of charitable giving funneled into private foundations and donor-advised funds rather than directly supporting operational charities. The IPS team, led by Chuck Collins, Bella DeVaan, Helen Flannery, and Dan Petergorsky, invites