Peter Buffett

With global economic uncertainty still with us, and sovereign states struggling and cutting back on their spending, expectations of philanthropists, charities and aid agencies are immense. We are trying to practise cost cutting and to find new ways of helping because we are frustrated with the old ways.
Perhaps the most difficult challenge for philanthropy is its uneasy relationship with inequality. It is an uncomfortable truth that inequality is pretty much a necessary precondition for philanthropy.