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Book Review: Giving Is Not Just For The Very Rich: A How-To Guide For Giving And Philanthropy by Dr. Susan Aurelia Gitelson

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Giving Is Not Just For The Very Rich: A How-To Guide For Giving And Philanthropy by Dr. Susan Aurelia Gitelson is an excellent resource for locating philanthropic people and organizations that donate to a host of charities all over the world. Americans have been generous in giving over $300 billion dollars a year to charitable causes.

Dr. Gitelson provides simple guiding principles for giving wisely. Examples of the principles are to check for transparency, examine the mission of the charity, visit the charity and verify the tax-exempt status under section 501(c) (3) of the Internal Revenue Code.

Among the wealthiest donors are Bill Gates, who has given $28 billion dollars through the Bill and Melinda Gates Foundation. George Soros, Eli Broad, Mayor Michael Bloomberg, Ted Turner and Jon Huntsman Sr. have given over a billion dollars apiece. The Omidyars have given over $1 billion dollars to Hopelab, as well as the Omidyar-Tufts Microfinance Fund at Tufts University for international microfinance initiatives.

The William J. Clinton Foundation has been focusing on education, economic empowerment, the environment, energy, and literacy. Even sports heroes have created programs to help others. Examples are the Major League Baseball Players Trust, the Turn 2 Foundation, Best Buddies International and Athletes for Hope. All of these charities and more are documented in Dr. Gitelson’s book.

The author cites important watchdog agencies that evaluate charities. Examples are Charity Navigator, GuideStar, GreatNonprofits and The Independent Sector. With a list of potential candidates in hand, donors are in a position to choose the ones that most closely match the personal values of each donor.

Giving Is Not Just For The Very Rich is a fairly comprehensive volume on gift giving benefactors and beneficiaries throughout the United States and the world. The presentation is easy to understand and the contents have been researched exhaustively. Examples of research citations are the New York Times, Wall Street Journal, Forbes, Financial Times, USA Today and Atlantic Philanthropies.

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About Dr Joseph S Maresca

I've taught approx. 34 sections of collegiate courses including computer applications, college algebra, collegiate statistics, law, accounting, finance and economics. The experience includes service as a Board Director on the CPA Journal and Editor of the CPA Candidates Inc. Newsletter. In college, I worked as a statistics lab assistant. Manhattan College awarded a BS in an allied area of operations research. The program included courses in calculus, ordinary differential equations, probability, statistical inference, linear algebra , the more advanced operations research, price analysis and econometrics. Membership in the Delta Mu Delta National Honor Society was granted together with the degree. My experience includes both private account and industry. In addition, I've worked extensively in the Examinations Division of the AICPA from time to time. Recently, I passed the Engineering in Training Exam which consisted of 9 hours of examination in chemistry, physics, calculus, differential equations, linear algebra, probability/ statistics, fluids, electronics, materials science/structure of matter, mechanics, statics, thermodynamics, computer science, dynamics and a host of minor subject areas like engineering economics. A very small percentage of engineers actually take and pass the EIT exam. The number has hovered at circa 5%. Several decades ago, I passed the CPA examination and obtained another license in Computer Information Systems Auditing. A CISA must have knowledge in the areas of data center review, systems applications, the operating system of the computer, disaster recovery, contingency planning, developmental systems, the standards which govern facility reviews and a host of other areas. An MBA in Accounting with an Advanced Professional Certificate in Computer Applications/ Information Systems , an Advanced Professional Certificate in Finance and an Advanced Professional Certificate in Organizational Design were earned at New York University-Graduate School of Business (Stern ). In December of 2005, an earned PhD in Accounting was granted by the Ross College. The program entrance requires a previous Masters Degree for admittance together with a host of other criteria. The REGISTRAR of Ross College contact is: Tel . US 202-318-4454 FAX [records for Dr. Joseph S. Maresca Box 646 Bronxville NY 10708-3602] The clinical experience included the teaching of approximately 34 sections of college accounting, economics, statistics, college algebra, law, thesis project coursework and the professional grading of approx. 50,000 CPA examination essays with the American Institute of Certified Public Accountants. Additionally, membership is held in the Sigma Beta Delta International Honor Society chartered in 1994. Significant writings include over 10 copyrights in the name of the author (Joseph S. Maresca) and a patent in the earthquake sciences.
  • Kavita Singh

    I appreciate the Bill & Melinda Gates Foundation and philosophy of his philanthropic endeavors. In India we have business leader like Ambani brothers who are on the same thought process