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Bill Clinton sees this year's Clinton Global Initiative as a 'counterweight' to aid cuts
Read full article: Bill Clinton sees this year's Clinton Global Initiative as a 'counterweight' to aid cutsFormer President Bill Clinton opened the Clinton Global Initiative annual meeting by raising his concerns about rising political violence and other issues.
Abigail Disney urges donors to be braver about their giving and shouldering more risk
Read full article: Abigail Disney urges donors to be braver about their giving and shouldering more riskActivist and philanthropist Abigail Disney urged donors and the leaders of major foundations and nonprofits to be braver with their giving, especially at a time when more are fearful about speaking their minds.
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Debate amid pandemic: Should foundations have to give more?
Read full article: Debate amid pandemic: Should foundations have to give more?Donor-advised funds, which are akin to charitable investment accounts, aren’t now required to make any donations in any one year. It’s hard to run an organization like that.”AdArnold proposes a more modest solution — the Initiative to Accelerate Charitable Giving. “It’s really a solution in search of a problem.”In the midst of last year's devastating pandemic recession, charitable giving rose modestly for the year. “Charitable giving has been a silver lining through this crisis and, frankly, through throughout history,” Westhoff said. AdCollins, who is holding out hope for his plan to require increased payouts, argues that the tax system's favorable treatment of foundations and donor-advised funds may provide the strongest rationale.

Disney heiress on 'OK boomer': Let the kids drive
Read full article: Disney heiress on 'OK boomer': Let the kids drive(CNN) - Abigail Disney has a message for fellow Baby Boomers offended by the "OK boomer" trend: "How about you guys sit the [expletive] down and let the kids drive." In a blunt Twitter thread, the 59-year-old Disney heiress criticized members of her generation for opposing young people's "understandable resentment" toward them and asked, "When did you get so easily triggered?" "Get over the idea that all things pass, you are old and you need to let history do what history does: move on." "OK boomer," the quip popularized by teens on TikTok, has unleashed generational warfare between members of Gen Z and Baby Boomers. Though she's private about her inheritance, Disney said she's given away more than $70 million of her fortune since turning 21.

Bob Iger steps down from Apple's board as Disney becomes a competitor
Read full article: Bob Iger steps down from Apple's board as Disney becomes a competitorChip Somodevilla/Getty Images(CNN) - Disney CEO Bob Iger resigned from Apple's board of directors Friday, just as the two companies are becoming streaming media competitors. It will cost $4.99 a month, $2 less than Disney's soon-to-be-released Disney+ streaming product. Apple's board was previously eyed by the Federal Trade Commission for its ties to competitors. Iger had served on Apple's board since November 2011, a month after former Apple CEO Steve Jobs died. Iger was paid $125,000 in salary and $250,000 in stock to serve on Apple's board.
Disney: Abigail Disney's undercover investigation is stunt
Read full article: Disney: Abigail Disney's undercover investigation is stuntCNN image(CNN) - The Walt Disney Co. strongly disputed allegations from family heiress Abigail Disney, who said she found workers struggling when she recently visited Disneyland undercover. Abigail Disney, in an interview with Yahoo, said Disneyland workers told her they are forced to sift through "other people's garbage" for food, and they are struggling to stay happy. Abigail Disney said she went to Disneyland incognito to observe worker conditions and was "so livid" at what she saw. In a statement, the company told CNN Business that Abigail Disney's account is "particularly egregious" hyperbole. "We strongly disagree with this characterization of our employees and their experience at Disney."

Abigail Disney visits Disneyland undercover after worker complaints
Read full article: Abigail Disney visits Disneyland undercover after worker complaintsDisneyland calls itself "The Happiest Place on Earth," but family heiress Abigail Disney said she found workers struggling when she recently visited the park undercover. (CNN) - Disneyland calls itself "The Happiest Place on Earth," but family heiress Abigail Disney said she found workers struggling when she recently visited the park undercover. In an interview with Yahoo this week, Abigail Disney said she decided to check out Disneyland's worker conditions after a worker sent her a Facebook message. Abigail Disney has frequently spoken out about Iger's salary. In May, Abigail Disney addressed Congress on Capitol Hill.