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The Latest Breaking News from Philanthropy

Quote of the day by John D Rockefeller: 'If you want to succeed you should strike out on new paths, rather than...' Life lessons on success, hard work and human nature by American industrialist and philanthropist

Quote of the day by John D Rockefeller talks about taking new paths to achieve success instead of following accepted methods. The quote explains the importance of innovation, hard work, independent thinking and risk-taking. John D. Rockefeller used different business methods to build Standard Oil and later became one of…

The Economic Times

What Is Kyle Busch's Net Worth? NASCAR Star's Career Earnings Under Spotlight After Death Announcement Stuns Fans

NASCAR champion Kyle Busch has passed away at 41. Known for his fierce driving and philanthropy, Busch leaves behind a legacy in racing and charity work.

International Business Times UK

How Priscilla Chan and Mark Zuckerberg's $75 million gift changed the face of San Francisco's public healthcare

Philanthropy is shifting from funding elite research to bolstering underfunded municipal health services. A historic $75 million donation to San Francisco General Hospital by Priscilla Chan and Mark Zuckerberg exemplifies this, reinforcing public infrastructure for vulnerable populations. This community-first approach prioritizes equitable access and strengthens the safety net for those…

The Times of India

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How J. Paul Getty turned a private art fortune into one of America’s biggest cultural trusts

J.Paul Getty's visionary approach transformed private wealth into a global art conservation engine. Instead of a private collection, his endowment actively invests in research, training, and field conservation worldwide. This model supports human networks and professional development, ensuring the preservation of cultural heritage beyond geographical and temporal limits, a revolution…

The Times of India

To give, first get to know: Why India’s everyday generosity matters more than ever

India witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad-hoc and directly benefit individuals, with only a small portion reaching formal nonprofits. This contrasts with Western models, highlighting the importance of proximity, trust, and community involvement in driving Indian philanthropy towards lasting…

The Economic Times

MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list

“MacKenzie Scott is among the notable absences on the Philanthropy 50 list,” the Chronicle of Philanthropy said.

Fortune

MacKenzie Scott Donated $7 Billion in a Year—But Was Snubbed From Top Donors List Over Low-Profile Giving

MacKenzie Scott donated $7.1 billion in 2025 but was absent from the Philanthropy 50 list due to limited public information on her donations through Yield Giving.

International Business Times UK

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Why John D. Rockefeller called the University of Chicago his best investment

Industrialist John D. Rockefeller revolutionised philanthropy by making his University of Chicago donation conditional, demanding local financial buy-in. This strategic approach fostered accountability and community engagement, transforming a seed donation into a self-sustaining powerhouse. This model ensured long-term institutional strength and independent governance, proving that investing in human potential creates…

The Times of India

When Oprah backed Morehouse scholars, the gift reached far beyond tuition

Oprah Winfrey's $25 million, 30-year endowment to Morehouse College redefines educational philanthropy. Moving beyond mere tuition, this initiative fosters holistic development, including leadership training and global expeditions. This long-term investment cultivates character and creates lasting impact, empowering students for lifelong success and demonstrating the power of sustained support over one-off…

The Times of India

MacKenzie Scott donated billions, more than Jeff Bezos’ lifetime giving, but still missed top donor rankings. Here's why

Billionaire philanthropist MacKenzie Scott's massive 2025 donations, exceeding $7 billion, surprisingly excluded her from a top donor list. Her donations last year exceeded the lifetime charity done by her former husband, Jeff Bezos. The Chronicle of Philanthropy cited a lack of transparency regarding funds channeled through donor-advised funds. Despite her…

The Economic Times

‘James Bond of philanthropy’: Billionaire Chuck Feeney secretly gave away his $8 billion and died with nothing left

For most of his life, Chuck Feeney looked nothing like a billionaire. He flew economy class, wore inexpensive clothes, carried papers in plastic bags, and lived in rented apartments instead of sprawling mansions. Strangers passing him in airports would never have guessed that he was one of the richest men…

The Times of India

Why Bill Gates Finally Sold Every Microsoft Share

For nearly 50 years, Bill Gates and Microsoft were deeply connected. The company he co-founded with Paul Allen in 1975 changed personal computing forever, built one of the world’s most powerful tech empires, and turned Gates into a global business icon. Even after leaving day-to-day leadership, the Bill & Melinda…

MyLifeXP

How Nike founder Phil Knight’s $2 billion gift is reshaping cancer care in America

Phil and Penny Knight's $2 billion donation to OHSU's Knight Cancer Institute exemplifies legacy-changing philanthropy, moving beyond spontaneous "lightning strikes." This significant gift, the largest to an American academic medical center, is the culmination of a decade-long strategic commitment, demonstrating how sustained dedication and proven organizational capability can revolutionize healthcare…

The Times of India

Nonprofit CEOs say Trump’s economy is driving surging demand—and they're pushed to the brink

A new Center for Effective Philanthropy report finds nonprofits are facing higher need, tighter funding, staff cuts, and worsening burnout.

Fortune

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The Independent UK

Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate

Open Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate

Fortune

Shaq's father once gave his White Castle burgers to a homeless vet—and it inspired the NBA legend's business and philanthropy empire

Basketball legend Shaquille O'Neal says his father taught him to give people help when they’re in need—and he’s lived by that lesson throughout his three-decade career.

The Conversation

How America’s independence from England revolutionized US philanthropy

John Hancock did something revolutionary 250 years ago when the Massachusetts merchant signed the Declaration of Independence, announcing to the world that 13 English colonies were freeing themselves from Great Britain and from monarchy.

International Business Times

Joy Is a Philanthropy Strategy, and It's the Only One That Scales

For decades, charitable fundraising has leaned heavily on emotional heaviness, the stark images, the sobering statistics delivered mid-meal, the implicit weight of "you should give more" hanging over every table. And yet, by every measure, donor fatigue has become a reality in a world saturated with appeals.

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The Times of India

After giving away billions to charity, MacKenzie Scott says, ‘small acts of kindness matter’

MacKenzie Scott has given away more than $26 billion since 2019, yet she emphasises that everyday acts of kindness remain vital. Drawing on research and data, she highlights how small, consistent contributions improve wellbeing, spread prosocial behaviour, and collectively shape communities alongside large-scale philanthropy.

The Times of India

After giving away $26 billion in philanthropy, MacKenzie Scott’s wealth remains largely unchanged — here's why

MacKenzie Scott has donated over $26 billion since 2019, yet remains extremely wealthy because her fortune is tied to Amazon stock. As share values rise, her wealth continues to grow, allowing her to give at an unprecedented scale without a proportional decline in net worth.

The Conversation

Philanthropy is reshaping global health. Here’s how

Over the past two decades, global health has undergone a profound transformation. As public funding for international health and development has become increasingly unpredictable, private philanthropy has largely stepped in to fund global programmes.

The Independent UK

Tracy Sturdivant, the Ms. Foundation's next leader, wants to expand the feminist funder's coalition

Tracy Sturdivant will succeed Teresa Younger as the next president and CEO of the Ms. Foundation, the first national philanthropy run by and for women

International Business Times UK

World's Richest Man, Least Generous? Elon Musk Tops Forbes 'Least Philanthropic' List

Forbes has labelled Elon Musk 'among the least philanthropic billionaires', estimating that only a minute fraction of his $839 billion wealth has reached people in need.

International Business Times

Bill Gates Warns of 'Dark Ages' Risk as Epstein Testimony Looms and Foundation Accelerates $200B Push

Bill Gates is navigating a turbulent period blending ambitious philanthropy with renewed scrutiny over his past ties to Jeffrey Epstein, as the Microsoft co-founder and billionaire philanthropist testifies before Congress next month while his foundation ramps up spending to counter what he calls a dangerous reversal in global progress.

Fortune

Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back

Jeff Bezos gave Eva Longoria $50 million for philanthropy. Two years on, she says the biggest myth is that you need to be rich to give back.

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