How quickly and profoundly becoming a parent changes your view of the world and its future! Mark Zuckerberg and Priscilla Chan's announcement that their daughter's birth inspired the creation of the Chan Zuckerberg Initiative represents an important milestone in the new global culture of giving.
Philanthropy is booming across all levels in the U.S.: Foundations and donor-advised funds are on a steep growth curve. Philanthropy surged by 5.4 percent in 2014 to a record $358 billion, the Chronicle of Philanthropy reported. Indeed, eight-figure donations are now so routine, they barely generate publicity.
This year's "Giving Tuesday," the Tuesday after Thanksgiving dedicated to giving back, produced impressive results, with donations rising more than 40 percent over 2014, according to several payment processors. And The Smithsonian started a new initiative on American philanthropy, kicked off by Warren Buffett, Melinda Gates, Bill Gates and David Rockefeller, Jr.