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The Latest Breaking News from Philanthropy

Targeted donations could level the playing field for universities beyond the elite

Letters: Terence Kealey and Prof Amanda Broderick on financial pressures and philanthropy

The Guardian - UK

Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America

MacKenzie Scott, worth $41.1 billion, is on a philanthropic tear and has donated an estimated 46% of her net worth.

Fortune

Black-led nonprofits didn't see the lasting funding boosts promised after 2020's racial reckoning

New research reveals that financial gains for many Black-led nonprofits after George Floyd’s murder were short-lived

The Independent UK

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MacKenzie Scott rewrote the rules of philanthropy. Who will follow her lead?

Diversity pledges have curdled into anti-DEI PR, while Black-led organizations receive less than 1% of philanthropic giving.

Fortune

The Guardian view on Cambridge’s £190m gift: billionaires won’t fix universities’ problems

Editorial: Philanthropy increases the gap dividing highly selective, elite higher education from the rest. Ministers need a plan for the sector overall

The Guardian - UK

Why Americans give: New research finds 5 distinct profiles for generosity

Given that fewer Americans are donating and volunteering and that people in the U.S. appear to be losing trust in one another, it may seem like generosity has eroded in the United States.

The Conversation

How one family's bipolar disorder experience led to more than $1 billion for the Broad Institute

A large donation to mental health research is getting even bigger

The Independent UK

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Why Venture Investing Could Be a Win-Win for Family Offices

Families who built wealth over generations know a thing or two about entrepreneurship and are uniquely qualified to help start-ups tackling global challenges.

Kiplinger

Indiaspora report recommends stronger OCI card in new report on Indian diaspora

Indiaspora, a nonprofit organisation comprising global Indian leaders across diverse sectors, released its ‘India and its Diaspora: Partners in Progress’ report on Monday. The publication explores the growing influence of the Indian diaspora in shaping the nation’s future through business, innovation, philanthropy, and the arts.

The Times of India

How notorious billionaire Leona Helmsley’s foundation is saving lives in rural America

A charity trust tied to the late hotel owner Leona Helmsley is expanding rural health care and changing cancer treatment for patients

The Independent UK

Indiana University Philanthropy Group Linked to Hamas-Backed 'Sham Charity' Scandal

Indiana University's philanthropy programme under investigation for alleged ties to a Hamas-linked charity, raising oversight and credibility concerns

International Business Times UK

Less than 10 out of 256 billionaires have kept their promise to give away their fortune—and a philanthropy CEO says Elon Musk is right about why

Exclusive: The CEO who gives away billions for a living says Elon Musk is right: philanthropy is very hard—but stop waiting on billionaires to do it.

Fortune

Peter Thiel is actively convincing billionaires to abandon The Giving Pledge — and it may be working

In an interview with the New York Times, the PayPal cofounder called it an “Epstein-adjacent boomer club”—and says he’s talked people into quitting.

Fortune

Teresa Younger, outgoing CEO of Ms Foundation, reflects on the pursuit of equality

The outgoing head of the Ms. Foundation says the fight for political equality in the U.S. is far from over

The Independent UK

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Fortune

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.

The Independent UK

Billionaire tops Philanthropy 50 list of biggest donors for third year in a row

Michael Bloomberg is followed on the Chronicle of Philanthropy’s list by three donors who each gave $1 billion or more to charity last year

The Conversation

Gifts from top 50 US philanthropists jumped to $22.4B in 2025 − Mike Bloomberg, Bill Gates and the estate of Paul Allen lead a list of the biggest givers

The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals and more. That total was 35% above an inflation-adjusted $16.6 billion in 2024, according to the Chronicle of Philanthropy’s latest annual tally of these donations.

International Business Times

Bill Gates Faces House Testimony Request in Epstein Probe While TerraPower Nuclear Project Advances in Wyoming

Microsoft co-founder Bill Gates finds himself at the intersection of philanthropy, energy innovation and renewed scrutiny in early March 2026, as a House committee seeks his testimony on ties to Jeffrey Epstein and federal regulators approve construction for his TerraPower nuclear reactor in Wyoming.

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The Independent UK

Julián Castro plans to build a $250M endowment for Latino community groups across the US Southwest

Former housing secretary Julián Castro is announcing that the Latino Community Foundation will increase its assets and footprint

Fortune

Dolly Parton’s philanthropy inspiration is her father who couldn't read or write: 'I saw how crippling that could be'

How Dolly Parton is using her $450 million net worth to do good.

International Business Times UK

Billionaire Philanthropist Bill Gates Apologises Over Ties to Jeffrey Epstein

Gates addresses his controversial ties with Epstein, apologizes for past mistakes, and clarifies position on affairs and philanthropy at town hall.

The Independent UK

Bill Gates 'spoke candidly' about Epstein ties at a Gates Foundation meeting, spokesperson says

Bill Gates is addressing his connection to convicted sex offender Jeffrey Epstein, answering questions about their relationship during a town hall meeting of his nonprofit Gates Foundation

Fortune

Blackstone mogul warned of 'urgent need' for AI preparedness—Now he’s turning his $48 billion fortune into a top philanthropic foundation

Stephen Schwarzman is committing his wealth to his foundation, which could become one of the largest in the world.

Kiplinger

These Thoughtful Retirement Planning Steps Help Protect the Life You Want in Retirement

This kind of planning focuses on the intentional design of your estate, philanthropy and long-term care protection.

Times Life

3 Life-Changing Lessons from Ratan Tata Every Student Needs

Ratan Tata is an immortal soul who built his business empire of Tata Group with strong ethical foundation. His selfless acts of kindness and philanthropy touched the lives of millions. In fact, his words contain a lot of important life lessons that student can adopt in their lives for growth…

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