Entrepreneurs give back

One of the implicit rules of a healthy free enterprise economy is that those with wealth recognize their obligation to give back to their community and to the broader society in which they live. The National Dialoge on Entrepreneurship reports that the Slate 60, which lists the top sixty philanthropists each year, has good representation of entrepreneurs among this year’s honor roll, including “Joan Kroc, widow of McDonalds’ Ray Kroc, who donated more than $1.91 billion to various causes such as the Salvation Army and National Public Radio. Michael Dell ranks No. 2; his Dell Foundation made more than $673 million in grants last year. Other big entrepreneurial givers include Ted Turner, Paul Allen, and Pierre Omidyar of Ebay.”