Posted on January 2, 2008

2007: The Year in Review

Philanthropically speaking, it would have been difficult for 2007 to top 2006. The latter opened with New Orleans and the Gulf Coast region struggling to get back on their feet after the one-two combination delivered by hurricanes Katrina and Rita. Then in June, legendary investor Warren Buffett announced that he planned to give the bulk of his fortune, some $31 billion, to the Bill & Melinda Gates Foundation, already the country’s largest.

But while it may have been quieter than the year that preceded it, 2007 was not without its important developments and signal achievements. From the growing interest in pressing global challenges such as climate change and poverty alleviation, to the development and increased acceptance of alternative forms of giving, to a renewed focus on impact and effectiveness, 2007 demonstrated once again that philanthropy, at its best, is about generosity, compassion, and the desire to create a better world for ourselves and the generations to follow.

As the year comes to a close, the editors of PND honor that spirit while looking back at some of the important philanthropic stories and personalities of 2007.

Impact, Effectiveness Top Foundation Agendas

Hurricane Katrina, Two Years Later

Philanthropy and Climate Change

International Development Paradigms Re-Examined

Internal Revenue Service Revamps Form 990

The Changing Landscape of Philanthropy

Noteworthy Gifts

People in the News

2008: Preview of the Year Ahead