On September 23 Robert McCartney, a columnist at the Washington Post, announced through his column that billionaire philanthropist Bill Conway will give away $1 billion before he dies to be spent on creating jobs for the long-term unemployed. Five days later, McCartney reported that Conway, a co-founder of the investment firm the Carlyle Group, has gotten 700 responses to his announcement. They range from the serious to the self-serving to the not completely intelligible and extend from one or two lines to many pages.
The idea to concentrate on developing self-sustaining jobs for people in poverty came from Conway’s wife Joanne and immediately sparked his imagination. “More effective than giving away half my fortune before I die is finding a way to help people have a good-paying job,” says Conway
This is a terrific project that will most certainly have long lasting positive effects for a tremendous number of individuals and their families. And I love that they are asking the advice of those to whom the charity is directed. That is not only an empowering idea, it's a smart idea.
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[Photo by Alan Clark]