Inequality and the Promise of Philanthropy

In an earlier President’s Message, Fred Ali wrote that his work was driven by the fact that our world is not very equitable. The chasm between the rich and poor is ever widening, which makes our work in philanthropy all the more important.

Since that message was published on this website, a number of people have asked us whether we think philanthropy can have any real impact on issues of inequality in our society. The following is an excerpt from a speech Fred made where he attempted to answer this question.