James B. Stewart Quotes

I won't sell any Facebook shares as long as I'm on the board. When I leave, all my Facebook shares will be donated to two or three D.C. education-related charities I've supported over the years. Thus, a small portion of Facebook's success will be shared with low income students in Washington.

I have about half a million dollars more than my family will need. What is the best thing I can do with it for the State.

I'm not someone who funds buildings. That doesn't interest me. I'm more interested in programs.

It's appalling how much money raised at some charity events gets wasted on paying personnel and admin staff.

If you are wealthy enough, use part or all of your Social Security proceeds to invest in a favorite cause or two. Invest 10 percent or 100 percent of your monthly Social Security check in your favorite charity, foundation, think tank, church or synagogue, or other good cause.

If one has been blessed or have been fortunate enough to have got much more than normal wealth, it is but natural that one expects a certain fiduciary responsibility in terms of how that wealth is applied, used and leveraged for purposes of society.

Instead of waiting until the holiday season - when mail solicitations flood in from worthy organizations - and making a flurry of gifts because this is the time of year to give, sit down and take stock. Identify your passion, learn about it, and direct your time, mind, and dollars to aligned causes and organizations.

My mom was on the United Way group that decides how to allocate the money and looks at all the different charities and makes the very hard decisions about where that pool of funds is going to go.

I firmly believe that philanthropy is most effective and outcome-oriented when you ensure that your pledge actually gets spent.

To us, the definition of philanthropy is what we spend. A P&L account means expenditure, lines of revenue. There is a surplus; it goes to the balance sheet. A transparent foundation should disclose this.

Nonprofits such as the Trump Foundation are prohibited from giving political gifts.

The resources you happen to accumulate, what do you do with them? You can spend the money and buy some houses or whatever, and people do some of that and that's fine. You can give the money to other people, your family, but usually when you do that you screw them up and it ends up counterproductive. Or, you take those resources and reinvest them in things that you believe in, and that could be reinvesting in a philanthropic cause.

Charity fundraising galas have always been a wonderful way to support a myriad of causes.

I'm honored the folks and Bendon understood why I wanted to work with them and Toys for Tots.

I have a philanthropy advisor, Hari Menon, who was earlier at the Gates Foundation.

My freshman year, I started working with a group called Touchdown for Kids.

There are two main organizations that rate charities. They look at their finances and decide whether they are giving enough to the causes they claim to focus on. Something like 80 or 90% of their money actually goes to a charitable purpose.

Net return is simply the gross return of your investment portfolio less the costs you incur. Keep your investment expenses low, for the tyranny of compounding costs can devastate the miracle of compounding returns.

It was only in 2001 that I set up a foundation, Arghyam. That was pretty much to learn the ropes of how to give, what to do.

Profitability is the only way to control your own investments.

We should address the issues for nonprofits and pensions and why they need to invest in these offshore funds.

Find an organization that you want to support and get involved. You can give money or give time.

Volunteering knows no divides and there is equal value in sorting food at the food bank, mentoring school children, and serving on a nonprofit board.

There's always room to volunteer. I think that's a huge space to be involved with.

If you have $1 billion, you can use the Clinton Foundation as a conduit, and as it goes by, Clinton gives it his prestige.