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The Latest Breaking News from Philanthropy

What Vivekananda Really Meant by Seva: The Truth About Serving the Poor India's Philanthropy Has Missed

The God You Are Allowed to Look Down OnVivekananda had a specific name for the poor. Not "the underprivileged." Not "the needy." He called them Daridra Narayana, the God who arrives wearing poverty. The formulation is not a metaphor meant to inspire sympathy. It is a theological claim, and it…

Times Life

A little-remembered Gilded Age millionaire helped make milk safe for American kids through his ‘retail giving’

The 1844 edition of the widely used schoolbook written by William H. McGuffey, “Newly Revised Eclectic Fourth Reader,” includes a dialogue about the difference between “true and false philanthropy”:

The Conversation

After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spent

Ballmer Group is spinning its three regional offices into independent nonprofits, and CEO Terri Ludwig says she’d rather run them like startups than spinoffs.

Fortune

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MacKenzie Scott faced criticism from Elon Musk and Katie Miller over her $26 billion philanthropy: Jeff Bezos’ ex-wife drew backlash over donations to 'progressive causes'

MacKenzie Scott’s $26 billion philanthropic legacy came under renewed scrutiny after Elon Musk and Katie Miller criticized the billionaire’s charitable giving and questioned the causes receiving her money. Miller claimed Scott’s donations have largely supported progressive organizations, while Musk previously voiced similar criticism of her philanthropy. Scott, Jeff Bezos’ ex-wife,…

The Economic Times

MacKenzie Scott and Melinda French Gates have given more than $28 billion through two very different approaches: How their philanthropy is reshaping charities, empowering women and changing the way billionaire wealth is used to drive lasting social impact

MacKenzie Scott and Melinda French Gates have committed more than $28 billion to philanthropy through two very different approaches. Scott has donated more than $26 billion through unrestricted, trust-based grants, allowing nonprofits to decide how to use the money. French Gates has focused her giving through Pivotal Ventures on women's…

The Economic Times

AI's new millionaires want to disrupt philanthropy. They should fund what already exists

AI's newly minted millionaires should keep their "move fast and break things" ethos far away from philanthropy.

Fortune

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

Fortune

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Billionaire Michael Moritz and Harriet Heyman are offering up to $150 million for ideas that could make San Francisco a better place to live

Billionaires Michael Moritz and Harriet Heyman have launched an ambitious $150 million initiative aimed at enhancing San Francisco. Through their foundation, Crankstart, they invite innovative solutions to tackle urgent housing and economic challenges. Organizations can compete for funding, with the evaluation process culminating in a decision set for autumn 2027.…

The Times of India

AI's new millionaires want to disrupt philanthropy. They should fund what already exists

To the next generation of tech philanthropists, please don't conclude that the nonprofit sector needs rebuilding. Go look at what's already there.

Fortune

California mints the most billionaires. A new index ranks it dead last on the freedom to give to charity

A scorecard puts the nation's wealthiest state at the bottom for its philanthropy policy.

Fortune

Marc Anthony and Yandel to Receive Premios Juventud 2026 Agent of Change Honor for Philanthropic Work

Marc Anthony and Yandel will be recognized as Agents of Change at Premios Juventud 2026, honoring their commitment to philanthropy, education, and community initiatives that have positively impacted future generations.

Latin Times

Most billionaires are stuck in 'slow philanthropy.' MacKenzie Scott gave away $26 billion and won't stop until 'the safe is empty'

Most billionaires let their fortunes grow faster than they can give them away. Scott has spent years proving it doesn't have to be that way.

Fortune

Aliko Dangote is leaving one-third of his $35 billion fortune 'to humanity'—a rare move among Africa's billionaires

The pledge amounts to roughly $11.6 billion at today's valuation, and could grow far larger once his oil refinery goes public.

Fortune

A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals

Factory farming has historically been an overlooked cause. Now, tech workers at companies like OpenAI are pouring millions into changing that.

Fortune

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Fortune

Warren Buffett is handing $140 billion to his family's foundations. The way he's doing it reveals how billionaire philanthropy really works

People assumed Buffett was avoiding taxes or warehousing the money. Experts say the more telling question is how he's giving it away.

The Times of India

Africa’s richest billionaire plans to donate one-third of his $36bn wealth to charity

Africa's richest man, Aliko Dangote, will donate one-third of his wealth to charity. This significant philanthropic commitment is part of his succession plan. His daughter, Halima Dangote, revealed this plan in a recent interview. The billionaire's fortune is valued at approximately $36.5 billion. This donation aims to embed philanthropy into…

The Economic Times

Quote of the Day by Dolly Parton: 'I'm not going to limit myself just because people won't accept the fact that...' Country music icon's inspiring words on breaking barriers with self-belief and resilience

Dolly Parton inspires by refusing external limitations on her capabilities. She consistently breaks molds and proves identity is not confined. Parton's career spans music, acting, and philanthropy, showcasing reinvention. Her journey challenges conformity and encourages embracing versatility as a strength. The life lesson emphasizes pursuing passions unapologetically and honoring one's…

Fortune

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

Musk has historically been apprehensive about philanthropy, so his Monday statement would be a major change for billionaire and trillionaire giving as we know it.

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The Independent UK

Celebrity giving is evolving: Ariana Grande’s foundation shows how

Singer Ariana Grande has launched the Brighter Days Ahead Foundation to support causes like LGBTQ+ rights, reproductive health, and mental health

The Economic Times

'What if my father was a plumber?' Why Warren Buffett calls himself one of the world’s 10 luckiest people

Warren Buffett called himself one of the world’s luckiest people, crediting his early exposure to investing, natural aptitude and good health for his success. As he steps back from Berkshire Hathaway, the 95-year-old remains committed to donating more than 99% of his fortune to philanthropy.

The Economic Times

Quote of the day by John D Rockefeller: 'Save when you can and not when...' Life lessons from inspiring quote on proactive saving, reactive panic, emergency fund, consistent investments and financial discipline

Quote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until an emergency forces action. The quote explains how proactive saving, emergency funds, consistent investments, financial discipline and controlled spending help people prepare for uncertain situations. It also reflects…

The Times of India

Quote of the day by Jeff Bezos’ ex-wife MacKenzie Scott: "My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But…" - why thoughtful generosity should never be delayed

MacKenzie Scott advocates for immediate and thoughtful philanthropy, rejecting delays for perfect solutions. She believes urgency is crucial when addressing poverty and crisis situations. Scott's approach involves significant trust in recipient organizations to manage funds effectively. This method has demonstrably improved the long-term financial stability of many groups. Her philosophy…

The Times of India

Quote of the day by Melinda French Gates: “Philanthropy to me means using your voice, your time, your skills, or your money, your resources, to change the world for the better” - a timeless lesson that proves generosity is about far more than wealth

Most people picture a philanthropist as someone signing enormous cheques, not someone volunteering an evening a week or simply speaking up for a cause they believe in. Melinda French Gates has spent years pushing back against that narrow picture. "Philanthropy to me means using your voice, your time, your skills,…

Fortune

Self-made multimillionaire says Canadians 'give no money away' compared with Americans—research shows U.S. giving is more than twice as high

“If you are rich in the U.S., you give money away, but I could name you 100 very rich Canadians who give no money away,” ex-finance CEO Bill Holland said.

The Times of India

Philanthropy quote of the day by Melinda French Gates: "It's important to acknowledge that giving away money your family will never…"

Handing away money you were never going to spend anyway is easy to praise and, according to the person doing it, not actually all that impressive. Melinda French Gates, one of the most prominent philanthropists in the world, said exactly that about her own giving. "It's important to acknowledge that…

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