Adam Gant discusses how American immigrants are a force of giving in this in-depth presentational blog. For more information, please visit AdamGant.org!
2. Introduction
The United States has immigrants from many different world
countries. Some were raised in poverty-stricken situations and
were seeking political asylum. Others came from affluent families
and arrived to attend an American college or university. Young and
old come to the states for a variety of different reasons. However,
not many are aware that a number of immigrants who made the
U.S. their home have demonstrated great generosity as
philanthropists.
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Successful
Immigrants
There is insufficient evidence to determine the total number of
dollars that the migrated Americans have donated. However, in the
last two decades, the number of foundations established in the
United States by Chinese-Americans increased in number by 400
percent. One of these Asian Americans was Cyrus Tang who founded
the Asian Americans Advancing Justice. Tang came to the country in
1950 from Hong Kong and attended college in Philadelphia. He
eventually became a giant in the industry. He donated more than
$50 million to his former colleagues.
Other influential immigrants include George Soros, who hailed from
Hungary. The private foundation that he established is second in size
to the organization established by Bill Gates. Some of the top
American immigrants who took part in the “Giving Pledge” include
Elon Musk, who was originally from South Africa. Hamdi Ulukaya is
from Turkey. He founded Chobani. Jorge Perez is from Argentina and
became a billionaire due to real estate.
Like any other philanthropist, the American immigrants donate
funds to their college alma maters, charities in which they believe
or in order to further education in a particular field. They might also
start a charitable organization.
4. Low-Key Investors
Many of the philanthropists prefer to keep their generous endeavors
below the media radar. Tang’s foundation in Los Angeles, for example, is
one of the largest ever created by an Asian American. Yet, few were
aware of his involvement.
The need for anonymity commonly comes from an individual’s cultural
background. Asians are often quiet, reserved people. Latin Americans
view public acknowledgment of charitable contributions as classless.
For some from violent countries, allowing their wealth to become public
fodder makes them a target for kidnapping and other criminal acts.
However, as Tang once explained, he wanted to find a way to
demonstrate that America was his home. He was grateful for the
opportunity to come here and found a way to express his gratitude.
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