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Shmuel Mehtar

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  1. Milken Institute1h 12m

    Big Goals, New Strategies and the Future of High-Level Philanthropy

    David Rubenstein, Yuri Milner, Gene Case, Shmuel Mehtar

    Leading philanthropists like David Rubenstein and Yuri Milner advocate for integrating charitable labor and technology into core business operations to move beyond traditional capital-focused models. Recent initiatives include the launch of the Breakthrough Prize to recognize fundamental scientists and the "Billion Plus Change" campaign, which has secured over $2 billion in pro bono talent commitments from 350 companies. Despite these strategic shifts, the sector faces persistent challenges regarding gender disparity, tax policies that favor financial gifts over volunteerism, and the sustainability of a rapidly growing number of under-resourced nonprofits.