The Chronicle on Philanthropy has an interesting blurb on a new term for donors: yawn.
Here’s a taste:
Using a term coined in Great Britain, columnist Robert Frank says extremely rich young people who live humbly and give most of their wealth to charity are “yawns,” writing in an opinion article for The Wall Street Journal.
Yawns are defined “young and wealthy but normal” people in their 30s and 40s who are millionaires many times over or even billionaires. Mr. Frank says these individuals live modestly, devote considerable resources to philanthropy, and tend to be very dull.
