The Giving Pledge is a non-binding agreement initiated by Bill and Melinda Gates and Warren Buffet to encourage the 1,000 billionaires to give generously at some point in their life or after death. So, what does The Giving Pledge mean to the nonprofit world and to your particular nonprofit specifically?
In a word, nothing.
The pledge, according to its website, "is an effort to invite the wealthiest individuals and families in America to commit to giving the majority of their wealth to philanthropy."
To date, 57 billionaires in the U.S. have signed the pledge and agreed to give 50 percent or more of their wealth to charity. The pledge states that the donation can happen while the individual is alive or after the death of the donor and is not in any way a legal contract. It is really more of a friendly agreement.
I know I sound terribly cynical. I am not saying that the pledge is a bad idea, that billionaires should not decide to give, or that people should not sign the pledge. I am saying that it really will not have any great impact on giving in general and will have an even lesser impact on your particular charity.
The Giving Pledge impact on giving FULL POST 
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