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Posted on November 3, 2008   print  

Philanthropist Paul Allen Continues Giving to Wide Range of Causes

Philanthropist Paul Allen Continues Giving to Wide Range of Causes

Within the next year or so, Microsoft co-founder Paul Allen will have given away a total of $1 billion to a wide array of charitable causes, putting him among an elite group of philanthropists, the Puget Sound Business Journal reports.

The son of a middle-class family from Seattle, Allen has been known for using his self-made billions to support an extravagant lifestyle. But that reputation has changed as Allen, through the Paul G. Allen Family Foundation, has given more and more of his fortune — an estimated $925 million to date — to dozens of sometimes obscure and personal charitable causes.

Unlike fellow Seattleites Bill and Melinda Gates, who focus their grantmaking on a global scale, Allen's giving is largely an extension of his own curious mind. Although Allen's first major gifts supported environmental issues like the preservation of old-growth forests, the majority of his philanthropy — some $444 million — has gone to museums and learning institutions reflective of his personal interests, including the Experience Music Project and Science Fiction Museum and the Flying Heritage Collection. Another $75 million has gone to advancing brain research and $12 million to philanthropic work associated with the two professional sports franchises Allen owns.

While not endowed with billions of dollars like the Bill & Melinda Gates Foundation, the Allen Family Foundation has become one of the Pacific Northwest's most important grantmakers, giving away some $30 million a year to local nonprofits. And as is the case with Gates, funding from the Allen Family Foundation has come to represent a kind of seal of approval for nonprofits in the region, enabling them to raise their profile and more easily persuade other donors to give.

Although Allen sees his philanthropy as a way to explore his personal interests, he also sees it as an obligation because of his incredible wealth — estimated by Forbes to be almost $16 billion — and said he plans to eventually dedicate more time to philanthropy, perhaps expanding his focus to include climate change. "I think you are always asking yourself, how can I do more?" Allen said. "There are so many things locally or in the world that cry out for a difference to be made. Hopefully, your heart and your mind respond to those challenges in whatever way you want to make a difference."

Holtzman, Clay. “Paul Allen's Philanthropic Philosophy is Driven by Intense Interests in Discovery and Learning.” Puget Sound Business Journal 10/31/08.

Primary Subject: Philanthropy and Voluntarism
Location(s): National, Seattle, Washington

FC012622



Related Links
Paul G. Allen Family Foundation Awards $11.8 Million in First-Quarter Grants (4/10/08)
Paul G. Allen Family Foundation Awards $9.6 Million in Grants (10/18/07)
Philanthropist Paul Allen Makes Films With Social Bent (7/31/07)
Allen Family Foundation Pledges $2.25 Million for Teacher Development (1/10/07)

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