The Latest Breaking News from Philanthropy

Priscilla Chan’s philanthropy financed homes and protected tenants over 5 years

Priscilla Chan has supported thousands of Bay Area residents through the ‘Partnership for the Bay’s Future,’ a programme created to tackle the region’s shortage of affordable homes. 5 years after its launch, the initiative had protected more than 73,000 tenants and financed over 4,400 homes for thousands of people. The…

The Times of India · 13h ago

Forrest Gump actor Tom Hanks’ philanthropy beyond Hollywood: How his veterans coffee brand, Women’s Cancer Research Fund work and other charitable efforts are helping people in need

Tom Hanks is known for his decades-long Hollywood career, but his philanthropy has also focused on causes far beyond the movie industry. From launching a coffee brand that directs net profits toward veterans and military families to supporting education, the arts, humanitarian efforts and cancer research, here’s a closer look…

The Economic Times · Sep 22

Meet the wealth manager who built a $38 billion firm and gave $100 million to the MBA program that launched him

Jeff and Benita Thomasson donate $100 million to Indiana University’s Kelley School of Business and the Lilly Family School of Philanthropy.

Fortune · Sep 22

Howard Buffett to take charge as Berkshire Hathaway chairman: Who is he?

Howard Buffett is set to become Berkshire Hathaway's new chairman, succeeding his father Warren Buffett, who will become chairman emeritus. The 71-year-old has served on Berkshire's board for 33 years and is expected to focus on preserving its culture. His career spans business, farming, conservation, law enforcement and philanthropy.

The Economic Times · Sep 18

Who is Howard Buffett? The farmer, sheriff and middle-son taking the Berkshire Hathaway chair

Howard Buffett now chairs Berkshire Hathaway, succeeding his father Warren Buffett. He will guard the company's culture and values, while Abel runs operations. Howard's diverse career includes farming, law enforcement, and photography. His foundation focuses on food security and humanitarian crises globally. This marks a new chapter for the family's…

The Economic Times · Sep 18

What Shapoorji Pallonji said on Tata Sons' listing and why he wants it to be a ‘bridge’

Shapoorji Pallonji Group Chairman Shapoorji Pallonji Mistry has backed the public listing of Tata Sons, calling it a “social and moral imperative” that can strengthen transparency, accountability and philanthropy. His statement comes as Tata Trusts and chairman Noel Tata oppose the listing, with Mistry urging stakeholders to treat it as…

The Economic Times · Sep 18

Nike co-founder Phil Knight and wife Penny, worth $25 billion, have donated over $9 billion in two decades. Now they’re giving $1.1 billion for Oregon’s first women’s hospital

Phil Knight, the co-founder of Nike, alongside his wife Penny, has made an extraordinary donation of $1.1 billion to launch Oregon's inaugural hospital focused on women's health. This generous contribution will not only facilitate groundbreaking cardiovascular care but will also advance vital medical research initiatives. The Knights' ongoing dedication to…

The Economic Times · Sep 16

$1.1 billion from Nike co-founder will build Oregon’s first women’s hospital

Phil and Penny Knight have committed $1.1 billion to build Oregon's first hospital dedicated to women's health at Providence St. Vincent Medical Center

The Independent UK · Sep 15

Coinbase CEO Worth $8.5B Doesn't Want His Own Charity Foundation but Would Sponsor His Favourite Video Game

Coinbase CEO Brian Armstrong rejects a charitable foundation, criticises organised philanthropy and backs The Battle of Polytopia's 2026 championship.

International Business Times UK · Sep 15

John D. Rockefeller’s striking quote on wealth: ‘I know of nothing more despicable and pathetic…’ – One of history’s richest men on chasing money

John D. Rockefeller, known as an industrial pioneer, built a vast fortune through Standard Oil. However, he warned that fixating solely on wealth could lead to a hollow existence. He advocated for utilizing riches as a means to contribute positively to society. In his later years, Rockefeller devoted himself to…

The Economic Times · Sep 15