Peter G. Peterson
Founder and Chairman
The establishment of his Foundation marries two storylines of Pete's life: his work in philanthropy and his advocacy for securing America's future. Devoting $1 billion of his wealth to tackle some of the critical challenges threatening the nation's well-being might be his single biggest foray into giving, but it is hardly his first. Nearly 30 years ago, he chaired the commission that recommended that foundations be required to give away at least 5% of their assets annually, a rule the government adopted and which still holds today.
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