It is certainly difficult to make money. But should money be difficult to give away? In The Gilded Age, industrialists such as Andrew Carnegie and John D. Rockefeller worried about waste and misuse; Carnegie wrote in 1889 that $950 of every $1,000 that went to charity was “unwisely spent”. 【小题1】 Donors ran lengthy application processes, provided funds and fulfilled painstaking reporting requirements. In 2006 The Economist called it “philanthrocapitalism (慈善资本主义)”.

【小题2】 The 400 richest Americans have given away just 6% of their combined fortunes, according to Forbes. At the last count in 2022, almost $1.2 trn was sitting in American private foundations and $230bn in donor-advised funds, a sort of savings account for donors. Plenty of money is being marked for charity. But it is not getting to worthy causes fast enough.

Fortunately, a new generation of donors is once again shaking up the world of big philanthropy (慈善事业). Leading the mission is MacKenzie Scott, who simplified the process of giving and is donating billions of dollars a year with few conditions. This “no-strings giving” is changing mega-donors’ long-held assumptions. 【小题3】

One is the recognition that philanthropists do not have to do everything themselves. 【小题4】 An upside of a decades-long trend for businesslike philanthropy is that armies of consultants have emerged to help donors draw up a strategy and conduct due diligence on potential recipients. Donors can team up and share the work, too.

Another lesson from the no-strings crowd is that philanthropists can trust recipients to put money to good use once the proper due diligence is in place. That means analyzing a nonprofit organization’s annual reports and interviewing its leaders and other funders.

The endangered pandas in the Qinling Mountains might face a new threat: the loss of their food, bamboo, which makes up 99% of their meals.

Adult pandas spend most part of the day eating bamboo and have to take in at least 40 pounds a day to stay healthy. However, a new study published in Nature Climate Change warned that they may soon find their food gone because most of the bamboo in the Qinling Mountains might disappear by the end of the century as a result of rising temperature worldwide.

A team made up of researchers from Michigan State University and the Chinese Academy of Sciences has studied the effects of climate change on the bamboo in the Qinling Mountains. They have found that bamboo is very sensitive to climate changes. “80% to 100% of the bamboo would be gone if the average temperature rises 3.5 degrees worldwide by the end of the century,” said Liu Jianguo, one of the report’s authors.

He added, “This is how much the temperature would rise by 2100 even if all countries will keep their promises in the Paris Agreement. But you know what is happening all around the world.”

In recent years, China has been trying its best to protect the endangered pandas by setting up more and bigger natural reserves.

“But it is far from enough and the endangered pandas need cooperation from the rest of the world, because their future is not just in the hands of the Chinese,” said Shirley Martin from the World Wildlife Fund but not a member of the team.

The Qinling Mountains, in the southwest of China, are home to about 260 pandas. That is about 13% of China’s wild panda population. In addition, about 375 are living in research centers and zoos in China.