Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain, and with government endeavors, which are public initiatives for public good, e.g., focusing on provision of public services. A person who practices philanthropy is a philanthropist.
"As a Young Leader for the SDGs, I will be an active agent of change. I hope to be able to encourage communities to embrace a better civic sense to create sustainable living spaces — like when mountain-high landfills are detonated.
"Susan and I often find ourselves wondering, ‘Why were we born with so many advantages in life when others are born with none?’ It is, of course, an accident of birth. Susan and I were born in families of modest means, but we always had enough, we had natural gifts and we had opportunities. As those advantages have turned into financial success, we’ve increasingly felt a responsibility to help those less fortunate.
"I am delighted to confirm my plans to devote the major part of my estate to charitable causes. This is a decision my late husband, Ray Dolby, and I made many years ago, and will enable our sons, Tom and David, and their families to carry on these efforts to improve our communities.
"There is no greater privilege than to be fortunate enough to devote the majority of one’s time and resources to helping others — to making our community, and the planet, better than we found it..
"As the lucky ones in life, we have been given much, sacrificed little and gained a lot. It is a true privilege for our family to reconfirm our commitment to give back by joining The Giving Pledge.
"By signing this pledge, I hope to inspire my peers, fellow Africans and citizens of the world to take a close look at the funds they truly need to maintain their families verses their ability to give. In retrospect, many of us have well-above what we need while constantly accruing a list of what we want in this life. We all have a moral obligation as the more affluent in society to give back as best we know how. I’ll leave you with a few words I share with many of my comrades: ‘When God blesses you financially, don’t raise your standard of living. Raise your standard of giving.
"The true measure of who we are and the ultimate fulfillment we can enjoy is based on how we share our gifts with the multitudes of our fellow human beings who live their lives without hope. Sharing our good fortune with others allows our legacy and purpose to become lasting and meaningful. Unconditional giving of ourselves, and what we have, reflects a nobility of spirit which reaches out and binds all of us.
"It is my great pleasure to provide this Giving Pledge commitment wherein I pledge to give at least 50% of my wealth to charitable causes both during my present life and beyond. As a private person, I prefer to minimize publicity of my philanthropic activities but at the same time realize that setting a positive example is the best way to encourage others to give back.
"My belief is that nobody has a monopoly on good charitable ideas, and the problems in our world will never all go away. So we have to keep helping, within our means, forever...
"Potential is no guarantee of progress. We will only grasp the staggering potential of our time if we create on ramps that empower ALL people to participate, regardless of background, country of origin, religious practice, gender or color of skin.
"Over time we have learned to appreciate the importance of collaboration in philanthropy. Like most other philanthropic areas, climate change and clean energy policy is profoundly challenging on many levels. While there is clear consensus on the need to act, there are so many actions necessary that no one government, charitable organization, or business can solve the problem alone. Given the sheer scope and myriad of approaches necessary to address climate change, there is a great need for groups to work together and to learn from one another.”