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Re:Chuck Feeney Is Now Officially Broke by anonAndOn on Tuesday September 15, 2020 @02:29PM (#24484851)
Mark Benioff donated $100M to the UCSF Benioff Children's Hospital and got his name on the INSTITUTION (not just a building). What many don't know is that donation was to complete a match of $125M offered by Chuck Feeney (who does not have his name on a building anywhere on the campus, AFAIK).[0]. That $125M was only part of the $394M Chuck ended up giving to UCSF.[1]

[0]https://www.healthleadersmedia.com/finance/ucsf-childrens-ho...

[1]https://www.ucsf.edu/news/2015/02/123366/ucsf-receives-100m-...

Re:Chuck Feeney Is Now Officially Broke by jandrese on Tuesday September 15, 2020 @04:04PM (#24486110)
From the article:

> And he gave it away anonymously. While many wealthy philanthropists enlist an army of publicists to trumpet their donations, Feeney went to great lengths to keep his gifts secret.

Re:Chuck Feeney Is Now Officially Broke by dumbfounder on Tuesday September 15, 2020 @04:09PM (#24486162)
I think that's a shame. I have never heard of him. How many could he inspire if he was more vocal? But, to each their own.
Re:Chuck Feeney Is Now Officially Broke by jandrese on Tuesday September 15, 2020 @05:38PM (#24487016)
Donating anonymously is a way of avoiding ending up on the mailing list of every charity in the country.

While it wasn't so important in this case because as a former billionaire I assume he had people at a foundation who's job it was to handle his correspondence, but if you are a regular person looking to make a donation it's often a good idea to keep your name and contact info out of it as much as possible. Charities can be really bad about selling your name.

Re:Chuck Feeney Is Now Officially Broke by phaus on Tuesday September 15, 2020 @05:51PM (#24487141)
Not sure if it was the case for Chuck, but a small percentage Christians strongly believe that charity should be anonymous because it actually says as much in the bible.

I'm not a Christian myself and definitely not rich at all, but I do prefer anonymous donations.

Re:Chuck Feeney Is Now Officially Broke by wolfhumble on Tuesday September 15, 2020 @06:29PM (#24487474)
Matthew 6, 1-4 (NIV):

1 “Be careful not to practice your righteousness in front of others to be seen by them. If you do, you will have no reward from your Father in heaven.

2 “So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by others. Truly I tell you, they have received their reward in full. 3 But when you give to the needy, do not let your left hand know what your right hand is doing, 4 so that your giving may be in secret. Then your Father, who sees what is done in secret, will reward you.

Re:Chuck Feeney Is Now Officially Broke by Guthur on Tuesday September 15, 2020 @06:52PM (#24487648)
And Islam has similar, one of people that will be given shade on the day of judgement.

“…A man who gives in charity and hides it, such that his left hand does not know what his right hand gives in charity; and a man who remembered Allah in private and so his eyes shed tears.” (Abu Hurairah & collected in Saheeh al-Bukhari (English trans.) vol.1, p.356, no.629 & Saheeh Muslim (English trans.) vol.2, p.493, no.2248)

Re:Chuck Feeney Is Now Officially Broke by superhuzza on Tuesday September 15, 2020 @06:39PM (#24487559)
It's kind of sad how it's framed in those passages - Give in secret, or God will notice and hold back some of those heavenly rewards.

As if the whole thing is just a karmic ponzi scheme.

Re:Chuck Feeney Is Now Officially Broke by TimTheTinker on Tuesday September 15, 2020 @07:02PM (#24487720)
A Christian theologian would explain it this way: the point is what rewards the giver is seeking, because that is what reveals what’s in their heart as they do the outward action of giving. As one author observes, “The worth and excellency of a soul is determined by the object of its love.”

A gift given in secret is seeking the rewards truly worth having: the praise that comes from God. Those who seek that find it, because they loved what was truly worthy of love. But gifts given for others to see are seeking a reward on earth, not heaven—and that’s what they get. Either way, they’re not penalized if, say, the word gets out against their wishes. That’s not the point: God knows and judges the heart and rewards them based on what they were actually seeking.

So seeking rewards is not only categorically OK, it’s actually encouraged, but with the caveat that the seeker set their heart on what is eternally worthy of their love and desire.

Re:Chuck Feeney Is Now Officially Broke by IfOnlyYouKnew on Tuesday September 15, 2020 @07:27PM (#24487892)
That explanation doesn't require theology. I've seen Peter Singer make the case that it's only "true altruism" if you're just as happy when someone else does something good as when you do so yourself.
Re:Chuck Feeney Is Now Officially Broke by TimTheTinker on Tuesday September 15, 2020 @07:30PM (#24487903)
Sort of, but the difference is that Christian altruism results in an increasing expectation of being praised and rewarded by God on the other side for being his agent of love to others in this life.

The result is a lot of joy, knowing one has brought blessing and joy both to God and to other people.

Re:Chuck Feeney Is Now Officially Broke by bobthechef on Tuesday September 15, 2020 @07:22PM (#24487866)
Why? It sounds like you're misunderstanding something, perhaps what "reward" means in a biblical context.

This passage teaches people not to do things for show which is what many of us do in order to gain esteem and puff up our egos, often with still further gains in mind. This leads to enslavement to our egos, the approval of others, to things, and generally our constant grasping and our desires. Such false charity is pointless; it only leads to spiritual death. Allow your good deeds to remain a secret between you and the omniscient God. Charity is not loss. True charity produces spiritual "reward" by starving the monstrous, tyrannical ego that enslaves us to death. I would go so far as to say that it is even better for the giver than the receiver. The ego is Man's idolatry, and we cannot serve two masters. Thus killing the ego frees us to worship God and to live. The ego blinds us. It is like sitting in a bus at night with the lights on. All you see in the windows is yourself. Shatter the mirror and you will be freed.

Re:Chuck Feeney Is Now Officially Broke by dvt on Tuesday September 15, 2020 @07:11PM (#24487794)
That’s not sad at all. There are plenty of secular reasons for doing a good deed for the sake of the deed itself — not the reward or recognition. I mean, this is basically the entire underpinning of Kantian ethics.
Re:Chuck Feeney Is Now Officially Broke by superhuzza on Tuesday September 15, 2020 @09:51PM (#24488790)
That's exactly my point though. I'm an atheist, and I don't do good things out of a desire for "rewards in heaven", or rewards of any kind. I don't refrain from stealing because I'm afraid of hell or punishment. As you point out, they're done for the act itself.

This passage presents altruism as a tit-for-tat deal with God. Do good, and you'll get some of that back...later. I promise! It's almost tacky.

Re:Chuck Feeney Is Now Officially Broke by wolfhumble on Wednesday September 16, 2020 @05:11AM (#24490899)
It is not about tit-for-tat, it is about trust. A good parent often wants to give a child something they know will please the child more than what he/she is currently experiencing. Often the child will be angry and scream and hold onto the old, but the parent knows that as soon as the child let go and embrace what the parent has prepared the child will be happy and joyful.

God is more loving that any good parent: God IS Love, 1 John 4:8. I trust God's goodness and follow Him, I therefore don't have any reason to go into a tit-for-tat deal with God.

Re:Chuck Feeney Is Now Officially Broke by dvt on Wednesday September 16, 2020 @06:10PM (#24498586)
> This passage presents altruism as a tit-for-tat deal with God. Do good, and you'll get some of that back...later. I promise! It's almost tacky.

Correction: the passage makes no mention of "heaven."

I don't think you mean to say "tit-for-tat" as that means something else, but I do get the gist: it seems that there's some kind of contractual obligation on the part of God. The logical argument being: if you do [GIVE], then He does [REWARD]. This is a subtle argument, but flawed for a number of reasons (and why texts should never be taken out of context).

First, God isn't beholden to anyone. He does as He pleases, and the only "laws" He is bound by is His own nature (good, omniscient, eternal, etc.). There's many examples where Pharisees try to play these logical gotcha games with Christ, and they're always repudiated.

Secondly, the point of the passage itself is twofold: (1) avoid religious hypocrisy, and (2) avoid materialistic vainglory. Reading into the text deeper than that, brings us to my last point...

Finally, given that Christianity is a theist moral system, it makes sense that the ultimate arbiter of "goodness" is God -- in my opinion, that's why Chist brings up the "reward" -- which, for all intents and purposes, might just be God's approval (who knows what that entails).

Re:Chuck Feeney Is Now Officially Broke by oska on Wednesday September 16, 2020 @12:31AM (#24489548)
> This passage presents altruism as a tit-for-tat deal with God.

Only by an extremely shallow reading.

Re:Chuck Feeney Is Now Officially Broke by simplify on Tuesday September 15, 2020 @07:14PM (#24487811)
If you think people should be 100% selfless, you're asking for too much. Even good-hearted people help for the reward of feeling good about it.
Re:Chuck Feeney Is Now Officially Broke by dropit_sphere on Tuesday September 15, 2020 @06:49PM (#24487627)
Milk before meat.
Re:Chuck Feeney Is Now Officially Broke by avip on Tuesday September 15, 2020 @06:41PM (#24487575)
Or

"He who gives charity to the poor without knowing to who, and the poor knows not from who was taken, this is a true Mitzva"

The 2nd ranked charity level. [pls excuse my poor translation]

Re:Chuck Feeney Is Now Officially Broke by jamestimmins on Tuesday September 15, 2020 @06:05PM (#24487285)
I think this is actually the norm amongst Christians. It just seems like the minority because by nature these folks aren't talking about it.
Re:Chuck Feeney Is Now Officially Broke by theuri on Tuesday September 15, 2020 @07:22PM (#24487861)
Judaism has a similar approach - anonymous charity is the highest form of giving.

https://www.chabad.org/library/article_cdo/aid/256321/jewish...

Re:Chuck Feeney Is Now Officially Broke by irrational on Tuesday September 15, 2020 @06:30PM (#24487485)
That's because you are not a billionaire. The article makes it plain that he has talked to other fellow billionaires encouraging them to do the same.
Re:Chuck Feeney Is Now Officially Broke by lotsofpulp on Tuesday September 15, 2020 @04:25PM (#24486313)
I think it's a shame that all donations aren't anonymous.

The government should at least take away the tax deductibility of non anonymous donations.

Re:Chuck Feeney Is Now Officially Broke by JoshTriplett on Tuesday September 15, 2020 @04:48PM (#24486533)
Making a very public show of philanthropy as a means of self-promotion or self-aggrandizement isn't awesome, though frankly if letting people feel good with a little recognition results in more donations then that seems well worth it.

But there are other reasons to make a public show of philanthropy: to encourage others to give, to be a part of giving campaigns, to draw attention to an issue you consider important, to tell a personal story for why something matters for you, and otherwise to direct that attention towards the cause rather than yourself.

Re:Chuck Feeney Is Now Officially Broke by jb188 on Tuesday September 15, 2020 @05:17PM (#24486794)
Yeah, there's a misconception that it is more morally righteous to give quietly than to give and take credit and that's debatable. $100M is a $100M whether the person is anonymous or not and if not, it can lead to more of the same, even if the motivation is self-aggrandizement. I mean, take that out to a long conclusion and you get a society who's competing to give away the most instead of possess the most.
Re:Chuck Feeney Is Now Officially Broke by burner831234 on Tuesday September 15, 2020 @05:30PM (#24486930)
I think the reason people suggest anonymity as a morally positive or superior action is because this isn't in trade. You've given it away (as noted above) without having your name in etched letters on a building, without a desire for notoriety and not in trade of previous or in fact continuous poor deeds. Consider for example the controversy around Bezos' donations.

It is very similar in fact to tithing instead of the practice of having your name called out in service in front of everyone so you can later trade on that donation for social standing.

Re:Chuck Feeney Is Now Officially Broke by npunt on Tuesday September 15, 2020 @06:10PM (#24487321)
Names everywhere could just as easily mean a culture that celebrates wealth and the wealthy as superior to others, because after all, their names are everywhere. A happenstance donation by a rich person in this society may mean far more than a significant donation by someone less well off. This may create a culture where people see helping others as a suckers game unless you get something back, rather than a moral obligation.

On the other hand, a culture of anonymous donations (and less wealth signaling) could indicate a culture where everyone, no matter how rich or poor, is expected to do their part to help others.

It depends a lot on what people's takeaways are from these acts, which are shaped by cultural expectations and norms. One should consider the cultural externalities of donations in addition to purely the dollar amounts.

Re:Chuck Feeney Is Now Officially Broke by chmod775 on Tuesday September 15, 2020 @06:58PM (#24487692)
Even if you'd like to pretend there is none, it doesn't change the fact that giving for the sake of giving versus giving for the sake of recognition are different things.

Giving anonymously can be a way for the giver to prove to themselves what kind of person they are.

Re:Chuck Feeney Is Now Officially Broke by thelock85 on Tuesday September 15, 2020 @05:39PM (#24487026)
Ultimately there are too many causes in need of support for me to take a strong stance on this, but it’s worth pointing out that many a tycoon has utilized philanthropy to maintain a positive image when business dealings run counter to the prevailing social concerns.
Re:Chuck Feeney Is Now Officially Broke by akira2501 on Tuesday September 15, 2020 @06:13PM (#24487345)
> though frankly if letting people feel good with a little recognition results in more donations then that seems well worth it.

I disagree. This is an attempt to buy legacy and erase their past. It benefits only those who make the donations, and whatever causes happen to pique their particular interests. It also creates yet another organization of people dependent upon the good will and whim of a single supporter.

> to encourage others to give

I would presume the tax breaks are enough.

> and otherwise to direct that attention towards the cause rather than yourself.

Large portions of non-profit budgets are specifically spent on awareness and on generating future donations. There is no need to slap your last name on the side of a building for this purpose.

Re:Chuck Feeney Is Now Officially Broke by weatherman2 on Tuesday September 15, 2020 @06:38PM (#24487542)
All of the downsides you mention are not that bad in my opinion.

I don't feel bad that people buy a legacy. I believe that a legacy of being a massive philanthropist is a legacy worth having.

I don't feel bad that they "erase their past", because all people can still be judged by the totality of their actions.

The recognition does benefit the people that make the donations. Doesn't seem to be a problem to me.

Charitable organizations are dependent upon the whim of their donors regardless of whether the donors get any recognition.

The fraction of non-profit budgets that are spent on awareness seems to be a tangential point that I do not understand.

Re:Chuck Feeney Is Now Officially Broke by WalterBright on Tuesday September 15, 2020 @07:04PM (#24487737)
But when people are publicly generous with other peoples' money, I assign negative virtue :-/
Re:Chuck Feeney Is Now Officially Broke by JoshTriplett on Tuesday September 15, 2020 @09:24PM (#24488631)
Nobody is talking about that here; this is about people being generous with their own.
Re:Chuck Feeney Is Now Officially Broke by lordnacho on Tuesday September 15, 2020 @04:48PM (#24486528)
Wouldn't the reduce the amount of donations greatly? Gotta think most people do it at least partly for recognition, otherwise there'd be nothing noteworthy about the article we're discussing.
Re:Chuck Feeney Is Now Officially Broke by davinic on Tuesday September 15, 2020 @05:13PM (#24486759)
We could also just tax the income used to make the donations at similar levels to prior top brackets and not depend on philanthropy as a means to fund public institutions or social safety nets.
Re:Chuck Feeney Is Now Officially Broke by white-flame on Tuesday September 15, 2020 @05:32PM (#24486953)
That puts the decision on where to put public good will and non-profitable money sinks solely into the machine of government bureaucracy, which I don't think would be very effective.

Currently we incentivize private individual donations, and that lets a lot of things happen quickly and without the requirement of soliciting the permission of a bottlenecked council for anything to happen.

Re:Chuck Feeney Is Now Officially Broke by Retric on Tuesday September 15, 2020 @06:25PM (#24487444)
Government is often significantly more effective at spending money for charitable works than private charities due to all the overhead involved in running charities. Further, as a private individual I dislike that my tax money is used to in part fund charities that I strongly disagree with.

If you want to use your money to support some private crusade that’s fine, but why must we support anything anyone thinks as a worthy cause? It’s in effect a blank check without meaningful oversight. Their are for example homeopathy charities whose donations are tax deductible.

Re:Chuck Feeney Is Now Officially Broke by charles_f on Tuesday September 15, 2020 @07:40PM (#24487967)
Isn't budget a part of elections platform, and so democracy? Because certainly when it comes to giving money to people bureaucracy becomes a factor, but then rather than redistributing money, things that you could spend tax money on:

- Universal healthcare - Free education - Funding homeless assistance programs - Employment insurance - UBI

(granted these last 2 are pretty much just redistributing money)

The question is whether you want the few billionaires to decide where to spend the money, or everyone (that is, people who haven't been disenfranchised).

AND THEN arguably given the polarization of the US today, I can understand that anyone feels frisky in raising the taxes to found the other side's ideas (being republicans not wanting to fund healthcare or democrats not wanting to fund a wall)

Re:Chuck Feeney Is Now Officially Broke by somethoughts on Tuesday September 15, 2020 @05:45PM (#24487087)
Perhaps a slight twist on that would be to be if society as a whole considered paying taxes as if it were "pay it forward" philanthropy.

In fact if the government recognized honest taxpayers as if they were forward thinking "philanthropic donors" (replete with award dinners for the million dollar donors) - perhaps there'd be more excitement for April 15th - and such people would not be so quick to figure out ways to avoid paying taxes.

Fun thought video: https://www.youtube.com/watch?v=mTAE5m3ZO2E

Re:Chuck Feeney Is Now Officially Broke by tayo42 on Tuesday September 15, 2020 @05:56PM (#24487196)
It would help if we could decide what our taxes got allocated to directly. Like 50‰ nasa 0% racist border wall. I hate paying my taxes because it's going to bullshit like that federally. Or locally, funding mismanaged pensions.
Re:Chuck Feeney Is Now Officially Broke by somethoughts on Tuesday September 15, 2020 @06:25PM (#24487441)
That'd be an interesting additional feature - a minimum 50% toward general funds and the remaining 50% to the government programs of your choice.
Re:Chuck Feeney Is Now Officially Broke by lotsofpulp on Tuesday September 15, 2020 @04:59PM (#24486642)
I would get rid of all tax deductions period, but in the case of non anonymous donations, the chance of quid pro quo and inability to prove it is so high, that I just view it as a tax loophole for the rich.

If it lowers the amount people donate, then it proves my point...that people were intending to get something in return, hence not a donation.

Re:Chuck Feeney Is Now Officially Broke by jcheng on Tuesday September 15, 2020 @05:28PM (#24486903)
Unless there's actual corruption involved (like giving to a "charity" that actually fuels your personal expenses), how could a deductible gift be used a tax loophole?

I've heard the misconception that one could use a deduction to bump yourself into a lower tax rate on your entire income, and therefore come out ahead, but that's not how U.S. federal income tax rates work.

Re:Chuck Feeney Is Now Officially Broke by lotsofpulp on Tuesday September 15, 2020 @05:37PM (#24486997)
Donate to a selective school, and your descendants get higher probability of admission.
Re:Chuck Feeney Is Now Officially Broke by strken on Tuesday September 15, 2020 @06:14PM (#24487349)
It's like the government is matching your donations, and in the case of certain charities, that means the government is effectively funding lobbyists for you.

"Loopholes" are often in the eye of the beholder.

Re:Chuck Feeney Is Now Officially Broke by jcheng on Tuesday September 22, 2020 @01:18AM (#24551105)
Re:Chuck Feeney Is Now Officially Broke by unethical_ban on Tuesday September 15, 2020 @05:25PM (#24486877)
So it's better that a hospital not get Beinhoff's hundred million dollars, since you don't like his need for legacy?
Re:Chuck Feeney Is Now Officially Broke by lotsofpulp on Tuesday September 15, 2020 @05:35PM (#24486982)
If society wants the hospital to exist and have funding, then society can decide to raise taxes to pay for it.

I don't care about Benioff's need for legacy. I care about reducing corruption, which non anonymous tax deductible donations enable.

Re:Chuck Feeney Is Now Officially Broke by unethical_ban on Tuesday September 15, 2020 @07:37PM (#24487944)
I think your idea of controlling "corruption" is simplistic if your argument ends with "let government handle the money".
Re:Chuck Feeney Is Now Officially Broke by Ericson2314 on Tuesday September 15, 2020 @05:19PM (#24486809)
Absolutely a good comment. Tax the rich, replace philanthropy with Democracy. Pathetic that PP is getting downvotes.
Re:Chuck Feeney Is Now Officially Broke by unethical_ban on Tuesday September 15, 2020 @05:27PM (#24486892)
Get off the high horse. He didn't explain his original position at all, and frankly it's an ideal that seems very unrealistic. I agree that we should be taxing the ultra-rich a lot more, but "prohibiting donations that have names attached" is legislating morality as much as "don't buy liquor on Sundays".
Re:Chuck Feeney Is Now Officially Broke by lotsofpulp on Tuesday September 15, 2020 @05:36PM (#24486988)
I never wrote non anonymous donations should be prohibited.
Re:Chuck Feeney Is Now Officially Broke by IfOnlyYouKnew on Tuesday September 15, 2020 @07:33PM (#24487923)
The article mentions Buffet and Gates as being inspired by Feeney. They, in turn, further popularised the idea of giving away large sums of money.

I can't even say how a bit of fame for people giving large sums is harmful. And whatever people object to, I doubt it's anywhere close to the significance of the positive effects of giving.

Re:Chuck Feeney Is Now Officially Broke by bmmayer1 on Tuesday September 15, 2020 @06:41PM (#24487570)
Is it really anonymous if everyone knows he did it?
Re:Chuck Feeney Is Now Officially Broke by bzbarsky on Tuesday September 15, 2020 @10:21PM (#24488925)
When he made the donations it was not the case that everyone knew he did, yes?

The fact that he's effectively been doxxed on the donations does mean it's no longer anonymous, yes.

Re:Chuck Feeney Is Now Officially Broke by amatic on Tuesday September 15, 2020 @05:30PM (#24486924)
Oh, the old "I gave anonymously, but they still know my name" trick. Larry David had this https://www.youtube.com/watch?v=ZAKrb9b4s28
Re:Chuck Feeney Is Now Officially Broke by TheJoeMan on Tuesday September 15, 2020 @05:38PM (#24487009)
Actually gotta agree with you on this one. While it is nice to read what exactly he helped, if I know it it’s not “anonymous”
Re:Chuck Feeney Is Now Officially Broke by jonahx on Tuesday September 15, 2020 @03:18PM (#24485544)
Re:Chuck Feeney Is Now Officially Broke by smattiso on Tuesday September 15, 2020 @02:52PM (#24485222)
Namely something after yourself is tacky. But what should buildings be named after? Famous scientists? Planets?

Feeney seems like an awesome guy but sadly in 100 years nobody will know his name!

Re:Chuck Feeney Is Now Officially Broke by biztos on Tuesday September 15, 2020 @03:54PM (#24485984)
> Famous scientists?

Yes, absolutely. And if a certain General Hospital in San Francisco were not named after the tackiest of billionaires then maybe it could honor, I dunno, Hugh Toland?

Instead of dedicating most of its "about us" page to shining a youngish oligarch's already controversial reputation?

https://zuckerbergsanfranciscogeneral.org/about-us/our-histo...

Re:Chuck Feeney Is Now Officially Broke by larrik on Tuesday September 15, 2020 @04:09PM (#24486166)
As someone not in the area, I had no idea this was a thing.
Re:Chuck Feeney Is Now Officially Broke by throwaway987978 on Tuesday September 15, 2020 @08:06PM (#24488148)
When I moved to SF and saw signs for Zuckerberg SF General Hospital, I thought to myself "Surely, that must be just a coincidence and it's not named after Mark Zuckerberg."

I was wrong.

Re:Chuck Feeney Is Now Officially Broke by Balgair on Tuesday September 15, 2020 @03:19PM (#24485551)
I'm not sure what the actual name of the phenomenon is but I've heard it call 'wife-name-last name' syndrome.

Basically, the uber rich want to be seen as something more than just money. Guys like Anschutz and whatnot. There seems to be a pattern where they get a new shiny glass and steel building with a bunch of sick kids in it, and then they put the wife's name, an ampersand, his name, and the last name in big 3-D letters on the side. Likely it's a tax writeoff.

Also, not to be too cynical, but it's not a bad thing overall. The money could be sitting in the Caymans afterall.

Re:Chuck Feeney Is Now Officially Broke by wang_li on Tuesday September 15, 2020 @04:52PM (#24486573)
> Likely it's a tax writeoff.

You can take $1 and pay the taxes on it and end up with $0.60. Or you can give away a dollar and not have to pay $0.40 in taxes. But you still gave away a dollar, so you're sixty cents in the hole.

Re:Chuck Feeney Is Now Officially Broke by mensetmanusman on Tuesday September 15, 2020 @03:38PM (#24485785)
Most of the worlds money is sitting in the Cayman’s after-all, or hidden away as art investments inside of storage containers.
Re:Chuck Feeney Is Now Officially Broke by kbenson on Tuesday September 15, 2020 @06:10PM (#24487318)
> or hidden away as art investments inside of storage containers.

That doesn't make any sense. They pay for that art, and the money goes to the people that owned the art previously. Either they stick it into an account in the Caymans, or a regular/investment account, or they just have it available, but purchasing assets with it is not money hidden away as an art investment.

A significant amount of wealth may be in assets, but that's the same for most people that's aren't poor (i.e. that own a house). The money used to purchase those assets is still circulating though.

Re:Chuck Feeney Is Now Officially Broke by srpinto on Tuesday September 15, 2020 @03:41PM (#24485830)
Is it really? Where can I read about it?
Re:Chuck Feeney Is Now Officially Broke by TheOtherHobbes on Tuesday September 15, 2020 @03:58PM (#24486027)
Re:Chuck Feeney Is Now Officially Broke by refurb on Tuesday September 15, 2020 @08:42PM (#24488401)
I don't see anything to suggest "it's most of the world's wealth". Do you have another source?
Re:Chuck Feeney Is Now Officially Broke by hindsightbias on Tuesday September 15, 2020 @04:22PM (#24486296)
Re:Chuck Feeney Is Now Officially Broke by renewiltord on Tuesday September 15, 2020 @03:40PM (#24485817)
Well, obviously it's a tax deduction. You can do the same if you itemize.
[dead]
Re:Chuck Feeney Is Now Officially Broke by orangejewce on Tuesday September 15, 2020 @04:02PM (#24486073)
Wow dude, if you're going to be anti-semitic, just do it. Don't bother trying to be "cute", or "subtle" using emojis. Really pathetic.
Re:Chuck Feeney Is Now Officially Broke by laingc on Tuesday September 15, 2020 @04:37PM (#24486420)
Not doubting you for a second[0], but I didn’t see anything anti-Semitic in that post, so am I missing some internet meme or American cultural reference?

[0] Footnote in case it is necessary: antisemitism must be stamped out wherever it is found.

Re:Chuck Feeney Is Now Officially Broke by mrosett on Tuesday September 15, 2020 @04:45PM (#24486503)
Many delis are Jewish. He's saying that whenever he sees buildings named after people, he's in a Jewish neighborhood. In context, it plays into nasty stereotypes about Jews being obsessed with money.
Re:Chuck Feeney Is Now Officially Broke by aballoonaway on Tuesday September 15, 2020 @05:13PM (#24486767)
I don't think that was the meaning of the gp post. If you're traveling, names on buildings or businesses tend to reflect the population of that area. Thus, if you're in an area with a large Jewish population, you can expect to see buildings/businesses that reflect that too. Antisemitism is a real issue, but this is just not it. I am Jewish by the way, if that matters.
Re:Chuck Feeney Is Now Officially Broke by stormbrew on Tuesday September 15, 2020 @05:32PM (#24486949)
The post didn't say "when I see a lot of jewish names on buildings I know I'm in a Jewish neighborhood," it said "when I'm in a neighborhood with a lot of names on the buildings I know I'm in a Jewish neighborhood" (both paraphrases to keep the dogwhistly deli->jewish link clear). The implication that Jewish people are uniquely interested in showing off their money and status through naming rights donations seems pretty blatant to me.
Re:Chuck Feeney Is Now Officially Broke by laingc on Wednesday September 16, 2020 @12:03AM (#24489432)
Ok, interesting. I would usually be willing to give much more benefit of the doubt, but given how unnecessary the comment seemed to the rest of the post, I guess the obvious conclusion is a dog whistle.
Re:Chuck Feeney Is Now Officially Broke by myself248 on Wednesday September 16, 2020 @05:34PM (#24498234)
Wow, okay, that's not the response I expected to come back to. I'm trying to understand how you interpreted my comment that way.

To be clear, there were no intentional dog-whistles in my post. I thought I was saying something strongly positive, about a phenomenon which I've observed and have great admiration for.

However, your response and the thread that followed, reveals some things I clearly didn't consider. There is surely a lot of anti-semitism out there, and that my comment was mistaken for it, I think shows how pervasive it must be. And it's important, as has been said, to call it out wherever it appears. And I guess that means looking for even tiny hints of double meanings. Which, logically, includes meanings that someone may not be cognizant of when speaking with one meaning in mind. I honestly thought I was being "cute" with the deli thing.

I'm astonished and saddened to see a well-intentioned comment identified as just the opposite. I didn't mean to play into any negative stereotypes about money -- I didn't say anything about being obsessed with money, and if I got near it at all, I was talking about being recognized for _doing good things_ (with money), and how this cultural pattern does that. I think that's pretty clearly positive! (The whole point of the article, after all, was that more people with money should be committed to doing good things with it. Money's a pretty unavoidable aspect here.) But clearly my comment exists in a world where a lot of terrible things also exist, and I guess I can see how it could be mistaken for a vague hint towards one of those terrible things.

Especially on the internet, where tone and nuance are notoriously tricky.

So I'm honestly looking for input. Is there a better way to say what I was trying to say?

Regardless, I'm sorry that you saw something negative in what I said. I'm even more sorry that anti-semitism is so insidious that you had reason to look for negative interpretations in the first place. That sucks.

Re:Chuck Feeney Is Now Officially Broke by progman32 on Tuesday September 15, 2020 @04:31PM (#24486373)
For those who can't spot the subtlety, can you explain what you mean?
Re:Chuck Feeney Is Now Officially Broke by mrosett on Tuesday September 15, 2020 @04:45PM (#24486505)
Many delis are Jewish. He's saying that whenever he sees buildings named after people, he's in a Jewish neighborhood. In context, it plays into nasty stereotypes about Jews being obsessed with money.
Re:Chuck Feeney Is Now Officially Broke by progman32 on Tuesday September 15, 2020 @05:05PM (#24486688)
Thank you.
Re:Chuck Feeney Is Now Officially Broke by totalZero on Tuesday September 15, 2020 @04:57PM (#24486617)
To be fair, cultures have characteristics and people should be permitted by their peers to talk about those characteristics in a thoughtful way.

I'm not familiar with what the other guy is describing, nor do I have any opinion on this particular topic. I'm just saying that "people of X culture tend to do Y thing more than the average person" is not in itself a hateful or disrespectful comment.

Re:Chuck Feeney Is Now Officially Broke by oefnak on Tuesday September 15, 2020 @05:27PM (#24486888)
I think you're reading into it too much. He specifically said he thinks it is not a bad thing. In your opinion, is it possible to say anything about your culture without being anti-semitic?
Re:Chuck Feeney Is Now Officially Broke by IfOnlyYouKnew on Tuesday September 15, 2020 @07:37PM (#24487945)
Then why did they feel the need to obfuscate?
Re:Chuck Feeney Is Now Officially Broke by totalZero on Wednesday September 16, 2020 @11:46AM (#24493765)
If so, the point of view in the comment wasn't obfuscated very effectively, considering that we are all talking about it.
Re:Chuck Feeney Is Now Officially Broke by ahmedalsudani on Tuesday September 15, 2020 @03:01PM (#24485343)
And yet, I would venture to guess he’s more satisfied than somebody trying to get his name onto a big building.

Recognizing what’s important to you and knowing that you have it is what’s actually valuable.

Re:Chuck Feeney Is Now Officially Broke by cortesoft on Tuesday September 15, 2020 @03:59PM (#24486042)
The type of people driven to become super rich aren't usually the types to be satisfied with what they have, otherwise they would have stopped well before they got as wealthy as they did.
Re:Chuck Feeney Is Now Officially Broke by yodsanklai on Tuesday September 15, 2020 @03:22PM (#24485601)
> Namely something after yourself is tacky.

I think it's a cultural thing. In some countries it would be considered very poor taste for someone to pay to get their name on a building. If it's an academic building, I think it makes more sense to name it after someone who contributed to the field. Or it could simply be the "CS building".

Re:Chuck Feeney Is Now Officially Broke by kyawzazaw on Tuesday September 15, 2020 @09:27PM (#24488645)
> If it's an academic building, I think it makes more sense to name it after someone who contributed to the field. Or it could simply be the "CS building".

Have you seen the halls of the US univerisites?

Re:Chuck Feeney Is Now Officially Broke by grasshopperpurp on Tuesday September 15, 2020 @03:10PM (#24485445)
>Feeney seems like an awesome guy but sadly in 100 years nobody will know his name!

I'm 99.9999999% certain that no one cares about their name when they're dead.

Re:Chuck Feeney Is Now Officially Broke by vkou on Tuesday September 15, 2020 @04:41PM (#24486471)
'Do you not know that a man is not dead while his name is still spoken?' -Sir Pratchett

Given how much weight most folks put in defining themselves through other people...

Re:Chuck Feeney Is Now Officially Broke by asaph on Tuesday September 15, 2020 @03:14PM (#24485492)
A lot of people care about their legacy.
Re:Chuck Feeney Is Now Officially Broke by vchak1 on Tuesday September 15, 2020 @03:22PM (#24485600)
And sometimes the legacy is just that the world is a better place thanks to their efforts, and has not much to do with having your name all over the place.
Re:Chuck Feeney Is Now Officially Broke by lotsofpulp on Tuesday September 15, 2020 @04:27PM (#24486330)
You might care about your legacy while you're alive, but after you're dead, there is no you, so it's not possible for you to care about your legacy after you're dead.
Re:Chuck Feeney Is Now Officially Broke by abraxas on Tuesday September 15, 2020 @04:28PM (#24486338)
But only before they die.
Re:Chuck Feeney Is Now Officially Broke by eindiran on Tuesday September 15, 2020 @03:21PM (#24485579)
A lot of universities end up renaming buildings after later rounds of donors, so even getting your name up on the building isn't a guarantee.
Re:Chuck Feeney Is Now Officially Broke by anonAndOn on Tuesday September 15, 2020 @03:04PM (#24485378)
John Harvard and Elihu Yale seemed to have avoided this fate. And Leland Stanford had the same name as his father, so maybe founding a university is the way to go here?
Re:Chuck Feeney Is Now Officially Broke by M277 on Tuesday September 15, 2020 @03:21PM (#24485590)
Most people just gloss over the names from experience, without caring much about who it was named after / the origin.
Re:Chuck Feeney Is Now Officially Broke by anonAndOn on Tuesday September 15, 2020 @03:32PM (#24485730)
I'm sure every Eli that's ever graduated from Yale in the last 300 years knows why they're called Elis.
Re:Chuck Feeney Is Now Officially Broke by cortesoft on Tuesday September 15, 2020 @04:00PM (#24486054)
It all depends on how many years have passed.
Re:Chuck Feeney Is Now Officially Broke by daveFNbuck on Tuesday September 15, 2020 @04:03PM (#24486100)
Why name it after anything? "UCSF Children's Hospital" tells you everything you need to know.
Re:Chuck Feeney Is Now Officially Broke by reddog on Tuesday September 15, 2020 @06:28PM (#24487469)
Because naming rights have a very real, tangible value and you can sell them to further your mission?

I guess Jerry Jones could have named his stadium "Dallas Cowboys Football Stadium" and that would have certainly told you everything you need to know. But instead he called it AT&T stadium and pockets $400 million. Both Jones and AT&T are happy. Same principle applies to colleges and hospitals.

Re:Chuck Feeney Is Now Officially Broke by daveFNbuck on Tuesday September 15, 2020 @10:39PM (#24489030)
I was responding to the question of what we should name buildings after, if not donors.
Re:Chuck Feeney Is Now Officially Broke by anonAndOn on Tuesday September 15, 2020 @04:32PM (#24486381)
Because they needed to raise a lot of money to build the new campus.[0] SF Children's was at the old location, Benioff Children's is at the new location.

[0]https://www.ucsfbenioffchildrens.org/maps_and_directions/par...

Re:Chuck Feeney Is Now Officially Broke by daveFNbuck on Tuesday September 15, 2020 @10:39PM (#24489031)
I was responding to the question of what we should name buildings after, if not donors.
Re:Chuck Feeney Is Now Officially Broke by billiam on Tuesday September 15, 2020 @05:09PM (#24486731)
Or, maybe, when we realize our society is set up to increase billionaires' fortunes, not happiness or well-being, his example of Giving While Living will become a standard for the very rich, and everyone will know his name. Why not make the word for a selfless act a Feeney?
Re:Chuck Feeney Is Now Officially Broke by oh_sigh on Tuesday September 15, 2020 @03:38PM (#24485782)
Maybe we could be inspired by the soviets. IE a theater where musicals and plays are put on is called: House of Culture of State Ball-Bearing Plant Number 1
Re:Chuck Feeney Is Now Officially Broke by BorisMelnik on Tuesday September 15, 2020 @03:54PM (#24485987)
agree, naming something after yourself is tacky. but having that much clout that someone names something after you is baller.
Re:Chuck Feeney Is Now Officially Broke by Shivetya on Tuesday September 15, 2020 @03:20PM (#24485564)
politicians do it all the time and sometimes they don't even wait till who they name it after has passed.

I would much rather someone have something named for them who donated their own wealth than a political party go around stamping their members names everywhere.

I would much rather have the naming of government buildings to be never named for any politician.

Re:Chuck Feeney Is Now Officially Broke by robk on Tuesday September 15, 2020 @03:37PM (#24485773)
Mineta airport in San jo always felt so dirty for having the name of a sitting congressperson
Re:Chuck Feeney Is Now Officially Broke by iav on Tuesday September 15, 2020 @04:15PM (#24486225)
There is a Donald J Trump State Park in New York...
Re:Chuck Feeney Is Now Officially Broke by goatherders on Tuesday September 15, 2020 @07:12PM (#24487798)
Who cares if anyone remembers a person's name in 100 years. How many people from the 1920s can you reference by name? 10? 20?
Re:Chuck Feeney Is Now Officially Broke by Xavdidtheshadow on Tuesday September 15, 2020 @02:59PM (#24485308)
Why not "SF General Hospital"?
Re:Chuck Feeney Is Now Officially Broke by anonAndOn on Tuesday September 15, 2020 @03:06PM (#24485404)
Because that's the Zuckerberg SF General Hospital and not just for kids. [0]

[0]https://zuckerbergsanfranciscogeneral.org/

Re:Chuck Feeney Is Now Officially Broke by gpm on Tuesday September 15, 2020 @03:20PM (#24485576)
Right, this isn't a general hospital so replace general with children's, but the point stands.

If there actually two general hospitals, do what Toronto East General Hospital did, subdivide by location.

Re:Chuck Feeney Is Now Officially Broke by cellis on Tuesday September 15, 2020 @03:25PM (#24485625)
Saint Francisco was also a person at one point.
Re:Chuck Feeney Is Now Officially Broke by waterhouse on Tuesday September 15, 2020 @03:42PM (#24485853)
Re:Chuck Feeney Is Now Officially Broke by mmanfrin on Tuesday September 15, 2020 @04:44PM (#24486490)
That's the anglicization. In his native tongue of Italian he was Francesco.
Re:Chuck Feeney Is Now Officially Broke by kgwgk on Tuesday September 15, 2020 @04:38PM (#24486427)
Francesco, actually.
Re:Chuck Feeney Is Now Officially Broke by talmr on Tuesday September 15, 2020 @03:09PM (#24485436)
People who mean well will always know his name.
Re:Chuck Feeney Is Now Officially Broke by sparc24 on Tuesday September 15, 2020 @05:19PM (#24486807)
No it is NOT.

Trump Tower, Trump Airlines. Trump Taj Mahal

Oh wait.. NVM

Re:Chuck Feeney Is Now Officially Broke by HenryKissinger on Tuesday September 15, 2020 @03:01PM (#24485345)
> But what should buildings be named after? Famous scientists? Planets?

Basic numbers and letters. Building 4, Building C, Building 97, Building Z, etc.

Re:Chuck Feeney Is Now Officially Broke by olivermarks on Tuesday September 15, 2020 @02:32PM (#24484912)
Feeney is a wonderful human being!
Re:Chuck Feeney Is Now Officially Broke by gumby on Tuesday September 15, 2020 @02:56PM (#24485271)
I feel sorry for people who want their names on things. They are broadcasting their insecurities.
Re:Chuck Feeney Is Now Officially Broke by halfmatthalfcat on Tuesday September 15, 2020 @03:03PM (#24485373)
This is a very presumptuous take.
Re:Chuck Feeney Is Now Officially Broke by nix23 on Tuesday September 15, 2020 @03:07PM (#24485411)
>They are broadcasting their insecurities.

Not when it's on a submarine ;)

Re:Chuck Feeney Is Now Officially Broke by aj7 on Tuesday September 15, 2020 @05:19PM (#24486824)
I see what you did here.
Re:Chuck Feeney Is Now Officially Broke by benatkin on Tuesday September 15, 2020 @02:42PM (#24485049)
I'm OK with his name on it. It seems to be a mutually beneficial branding move. Also it's Marc Benioff.

Edit: I'm more than fine with it because it makes Zuckerberg seem less special.

Re:Chuck Feeney Is Now Officially Broke by anonAndOn on Tuesday September 15, 2020 @02:50PM (#24485177)
How is it mutually beneficial for the guy who donated the most money?
Re:Chuck Feeney Is Now Officially Broke by alasdair_ on Tuesday September 15, 2020 @03:00PM (#24485315)
The guy who donated the most money explicitly wanted anonymity.
Re:Chuck Feeney Is Now Officially Broke by jldugger on Tuesday September 15, 2020 @03:11PM (#24485461)
Then why are we talking about it?
Re:Chuck Feeney Is Now Officially Broke by renewiltord on Tuesday September 15, 2020 @03:42PM (#24485856)
Because societally we want to encourage the act of giving anonymously with a big reveal in the twilight years? Doesn't sound that hard to understand.
Re:Chuck Feeney Is Now Officially Broke by jldugger on Tuesday September 15, 2020 @08:47PM (#24488431)
Sorry, I guess i interpreted anonymous donation as a Truly Morally Selfless act, and the fact that we're talking about it now would be some weird flex.

But sure, if you put out a call for solicitiations when you announced you were giving it all away, you probably also need a big announcement when you're done or you'll be dealing with development officers all day every day.

Re:Chuck Feeney Is Now Officially Broke by renewiltord on Wednesday September 16, 2020 @03:58PM (#24496943)
Well, sure, anonymous donation is that. Then we want to encourage that so we find anonymous donors, deanonymize them, and canonize them. That makes more people want to be anonymous donors, a thing we want.