Recently philanthropy made headline news when Bill Gates and Warren Buffett challenged the world’s top 40 billionaires to join them in donating at least 50% of their wealth to philanthropy at some point in their lifetime. Published reports show many people are accepting this challenge.
However, there still remains a critical role for all companies, private foundations and individuals to help improve the lives of others. Former U.S. President Bill Clinton recognized an opportunity five years ago to enhance philanthropy through the Clinton Global Initiative (CGI) program, where he assembles the world’s leaders annually to focus their philanthropy and help answer the burning question of how can we better address the challenges facing our world? Simply put, through stronger global partnerships we can be more effective in improving people’s lives.