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The Latest Breaking News from Philanthropy

Patagonia's founder has given his company away to fight climate change and advance conservation: 5 questions answered

Patagonia founder Yvon Chouinard, his wife and their two adult children have irrevocably transferred their ownership of the outdoor apparel company to a set of trusts and nonprofit organizations.

The Conversation

Bill Clinton: 'The world's on fire,' but teamwork can help

President Bill Clinton says he is amazed by the massive response to the return of the Clinton Global Initiative

The Independent UK

Q&A: Craig Newmark aims to defend democracy via philanthropy

Craig Newmark twists a “Batman” quote to jokingly refer to himself as “not the nerd you want, but maybe, now and then, I’m the nerd you need.”

The Independent UK

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Donor beware: Pause before you give to any cause

The public’s trust in nonprofits declined from 59% in 2020 to 56% in 2022, according to Independent Sector, a coalition of nonprofits, foundations and corporate giving programs that tracks trends in philanthropy.

The Conversation

Limited funding hampers charities’ early monkeypox response

Two biopharmaceutical companies will give $5 million and $500,000, respectively, to nonprofit organizations in the United States and abroad that are responding to the growing monkeypox outbreak

The Independent UK

Wendy Schmidt gives big to protect oceans, planet's future

The health of the world’s oceans looms large in Wendy Schmidt’s thinking about the planet’s future and in her giving

The Independent UK

Gates Foundation adds Gayle, Dhawan as independent trustees

As the Bill & Melinda Gates Foundation works to expand its governance, it announced Thursday that it has added two trustees to its board

The Independent UK

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Citizens need to get involved in governance: Rohini Nilekani

The philanthropist on what people can do to build a strong civil society, and make politicians, the rich and themselves accountable

The Hindu

Kolkata: A doctor's mission to light up lives of the visually impaired

KOLKATA: Debashish Bhattacharya, CMD of Disha Eye Hospitals, founded the eye care facility in 1997, beginning a tradition of philanthropy that continues today.

The Times of India

'Go green' mantra to make Kolkata a sustainable place

KOLKATA: Philanthropy runs in the family of this young businessman. According to Saket Mohta, managing director of Merlin Group, it's from his father that he got inspiration to do welfare activities. He says, "It is our responsibility to contribute to the society and environment where we live in. So, we…

The Times of India

Dolly Parton among Carnegie Medal of Philanthropy winners

Country superstar Dolly Parton is among the 2022 Carnegie Medal of Philanthropy recipients

The Independent UK

America's Least Philanthropic Billionaires: Scrooges Of The Forbes 400

Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking.

Benzinga

Mumbai: Family philanthropy network aims to unlock Rs 100 crore annually

MUMBAI: The Premjis, Nilekanis and Godrejs want to part with their money. No, really. The country's ultra-rich families - or the clans behind India's most recognisable multi-billion-dollar businesses or brands - have joined forces with Dasra, a charity focused nonprofit, to give away a portion of their wealth and make…

The Times of India

Fidelity Charitable sets $4.8B record in grants for 6 months

Donations from Fidelity Charitable climbed 11% to a record $4.8 billion for the first half of 2022

The Independent UK

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Benzinga

Bill Gates Doesn't Want To Be Rich Anymore: 'I Will Move Down And Eventually Off Of The List Of The World's Richest People'

While Bill Gates may best be known as the co-founder of Microsoft Corporation (NASDAQ: MSFT), he has been gaining prominence through the years for his philanthropy, opening the doors to the Bill & Melinda Gates Foundation in 2000.

The Independent UK

Biomedical grantmakers' diversity push gains new momentum

The Howard Hughes Medical Institute, one of the nation’s wealthiest philanthropies, announced a $1.5 billion effort designed to help scientists of color advance in their careers

The Independent UK

It's a new era for funding on both sides of abortion debate

The Supreme Court’s overturning of Roe v. Wade has ushered in a new era of funding on both sides of the abortion debate

Chicago Sun-Times

Griffin’s move to Florida only latest blow to local philanthropy

“Many of the major funders ... are checking out. And they’re in Florida. When they leave, their charitable dollars leave,” said a source close to the world of philanthropic and charitable giving in Chicago and Illinois.

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The Independent UK

US charitable giving hit record in 2021 but inflation looms

Charitable giving in the United States reached a record $485 billion in 2021, though the increase did not keep pace with inflation

The Independent UK

Foundations embrace organized labor with $20 million plan

Following a string of union victories at Amazon and Starbucks, a group of prominent progressive grantmakers is seeking to put a total of $20 million into a coalition with organized labor that will steer funds to organizing and advocacy campaigns in the South

The Independent UK

Will money-back guarantee win over wealthy donors?

The advocacy group Global Citizen and the finance firm NPX are engineering a new campaign that targets Forbes 400 billionaires, Giving Pledge members, and the wealthy generally — a group increasingly criticized for what is seen as tight purse strings

The Independent UK

New York fund apologizes for role in Tuskegee syphilis study

A New York-based philanthropy is publicly apologizing for its role in the infamous Tuskegee syphilis study

The Independent UK

Report: Philanthropy can help protect against climate change

Philanthropists could help ease the damage from climate change by donating more money to address global warming and the communities most at risk from it, according to a report from the research organization Candid

Belfast Live

North Belfast Ulster Scots themed gable art installations approved by Council

The art pieces will celebrate philanthropy, whiskey distilling and the Ulster Fry

The Independent UK

MacKenzie Scott gives $123M to Big Brothers Big Sisters

MacKenzie Scott gave $122.6 million to Big Brothers Big Sisters of America, the national youth-mentoring charity announced on Tuesday

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