Laurene Powell Jobs, the widow of Apple founder Steve Jobs, plans to direct charitable empire Emerson Collective to give away her $28 billion in assets during her lifetime or shortly after her death.
According to Powell Jobs, she inherited the wealth from her husband (the late Steve Jobs) and she's interested in legacy wealth buildings. She adds, "If I live long enough, it ends with me."
Powell Jobs is taking a different route, where she is drawing some ideological distance from the conventional type of foundation-by-inheritance model.
Ben Soskis, a historian of philanthropy, said that Powell Jobs is committing to a spend-down ethic in an age of the LLC. Read the Entire Article
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Rivaayat is an initiative by Shri Ram College of Commerce, Delhi to revive various dying art form and solve innumerable problems faced by the artisans. Rivaayat began with reviving a 20,000-year-old art form of pottery that is a means of survival for 600 families residing in Uttam Nagar, Delhi.