You can’t take it with you:

The following article might stimulate your thoughts in several different directions. It asks whether you should give away or invest your money. How much you should leave for your heirs. Whether religion is needed to stimulate more charity. And whether you should target the poorest people with your aid or seek to build up institutions instead. I’ll offer an excerpt without further specific comment:

“Tom White…will get his wish. At 84, the construction millionaire has given away his fortune. If he has his way, he’ll be down to his last quarter when he draws his last breath. Since [WWII]…he estimates he has given away $75 million, pretty much all of his assets. He has supported more than 100 causes over the years, but his biggest gift by far has gone to Partners in Health, the program made famous last year with the publication of Tracy Kidder’s book “Mountains Beyond Mountains.” The book details the work done in Haiti and other Third World countries by Dr. Paul Farmer, a Harvard professor and infectious-disease specialist whose work on AIDS and tuberculosis for the world’s poorest has been hailed as groundbreaking. White put up the initial money for the program and has steadily funneled tens of millions of dollars
into it.

And why Haiti?

“Once White got a glimpse of Haiti, that was it; he decided there could be no better use for his money. “I was angry,” he says. “You see the kids with red hair and distended bellies,” signs of severe malnutrition. During one trip to Partners in Health’s clinic in Cange, White told Farmer and his colleagues to outfit the village’s shanties with cement floors and tin roofs — and send him the bill. More than 100 huts were fixed.

“The floors were dirt, and when it rained, people would sleep in the mud,” he says. He is proud of the food program at Cange — “the kids get two meals a day.” Today, Partners in Health runs a full-service hospital, AIDS and tuberculosis treatment clinics, a women’s health center, and several cottage industries in Haiti. It has also launched programs in Peru, Siberia, Guatemala, Mexico, and Boston.”

But it doesn’t stop there:

“A trip to McDonald’s typically costs him a hundred bucks. He’ll search out the janitors and hand over $20 bills. “The woman cleaning the toilet can’t speak English, she has nothing, and no one gives her anything,” he explains. He also supports Sojourner House, a homeless shelter in Roxbury; Odwin Learning Center in Dorchester, which helps adults get into college; and afterschool and summer programs for poor kids in Roxbury.

Ask him why, and White, who attends Mass daily, replies: “I’m motivated a lot by what Jesus wants me to do, or what I think he wants me to do. And I think he wants me to help make the world a better place.””

Here is the full story. Thanks to Selena Maranjian for the pointer.

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