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For some, Joel Peterson says, online courses or specialized one-year programs may be better choices than the MBA
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Golden West Financial co-founders
2004-08 Giving* $1,329 million
The Sandlers have given away more than $1 billion to the Sandler Foundation, which works to strengthen progressive causes, such as: exposing corruption and abuse of power; advocating for vulnerable and exploited people and environments; and advancing scientific research. Last year, for example, the foundation committed $10 million a year to launch and sustain ProPublica, an independent non-profit newsroom, under the leadership of former Wall Street Journal Managing Editor Paul Steiger, that produces investigative journalism in the public interest. The foundation also helped establish the liberal think-tank Center for American Progress with a $50 million gift in 2004.
For more, visit the Sandler Foundation topic on Business Exchange.
*Based on public records and interviews with donors
Data: BusinessWeek, The Chronicle of Philanthropy and the Center on Philanthropy at Indiana University