
Having done well, rich look to do good
NEW YORK: Melissa Berman bears the burdens of the whole world. Right now, she is figuring out how to prevent children from becoming soldiers in Darfur. She is working to bring sustainable power to Sri Lankan villagers. And she is trying to cut environmental health risks in post-Katrina New Orleans as well as pondering how to stem a loss of nurses that will leave U.S. hospitals in crisis by 2020.
Since June, when Warren Buffett said that he would hand most of his $40 billion fortune to the Bill & Melinda Gates Foundation, Berman's client list has jumped to about 135 from 120. Another 45 potential donors are in the wings. She has doubled her staff, to 32, in three years.
"It's like everything in philanthropy," Reis said. "It's exploding."

Other celebrities are adding to the momentum, including Lance Armstrong, the seven-time Tour de France winner and cancer survivor who now spends his time raising money to combat the disease. In November, the cyclist ran the New York City Marathon to promote his cause, garnering as much TV coverage as the Brazilian winner, Marilson Gomes dos Santos. The rock star Bono, the actress Angelina Jolie and the talk-show host Oprah Winfrey are using their star power to draw attention to causes in Africa, from debt relief to AIDS orphans.
With all of that money out there and more consultants hanging out their shingles, donors need to be skeptical about where they find counsel, Reis said. "As advice blossoms — and it will — the challenge will be good advice," he said. "You can't underestimate how hard it is to give away money well."Many people who have gotten rich in financial services are wary of nonprofit groups, fearing that they might squander funds, said Nigel Morris, co-founder of Capital One Financial, the biggest U.S. independent issuer of credit cards. "These people believe in cause and effect," Morris said. "Money should go to the charities that are better performers and have the best business models."
My take is Oprah seems to get it. So many charities are poorly run and too top heavy on managment. Very little of the money goes to those in need. And the money given is often squandered on items that are useless to those in need. Accountability for nonprofits is a must; more money needs to be given, not used to pay the executive paychecks.
But Africa has a problem with those in power taken the money and using it for their own personal interests. Debt relief only works if the governments are willing to use the money to help the people, not take it for themselves. A house on the French Riviera, owned by an African official, is not putting the money to good use. This is one of the reasons Africa is in such a horrible state. The men at the top are crooks.