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Russell G. Mawby, chief executive officer and chairman of the board of the W.K Kellogg Foundation, discusses his family and childhood on a fruit farm in rural Michigan, the development of his values, and the importance placed on education and agriculture as he grew up. He speaks of his entrance into the field of philanthropy, and his broad definition of philanthropy, foundations, and philanthropic ethics. Mawby outlines some of the main grant making goals of the W.K. Kellogg Foundation, including urban and rural education and development, nutritional health on an international scale, and ground water education. In addition, he discusses foundations in American society and what he sees in the future for philanthropy.

Elizabeth McCormack, a nun and philanthropist who has worked at the Rockefeller Brothers Fund and the MacArthur Foundation, discusses her career, values, and favorite grants. She speaks of the history of philanthropy and her views on the future of philanthropy. McCormack discusses grant making and grant evaluation, as well as the role she believes the government should take in regard to philanthropy. In addition, she comments on diversity in philanthropic boards and foundations.