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The Latest Breaking News from Philanthropy

Here’s how young Native Americans responded when Newman’s Own and Novo Nordisk let them grant $720K

Young Native Americans are leading efforts to combat food insecurity in tribal communities

The Independent UK

Jeff Bezos Once Called Himself A 'Lottery Winner' And Said Giving Away Money Is As Hard As Earning It — His Words Now Define A $240 Billion Fortune

In a 2001 interview, Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos reflected on the moral responsibility that comes with extraordinary wealth — calling himself a "lottery winner" and highlighting that philanthropy requires as much "time, energy, focus, and hard work" as building a fortune.

Benzinga

Are Couples Without Kids Treated Differently by Financial Advisors?

When it comes to financial planning, many people assume that advisors treat all clients the same way. But for couples without kids, the reality can feel very different. Without dependents, these clients often have unique priorities—more focus on travel, early retirement, philanthropy, or lifestyle investments rather than saving for college…

Dinks Finance

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Affluent Americans Boost Charitable Giving By 30% In A Decade, Even As Fewer Households Donate, Finds Bank Of America

Charitable giving among America's wealthiest households has grown 30% in the past decade, even as fewer of them are donating, according to the 2025 Bank of America Study of Philanthropy.

Benzinga

I Asked ChatGPT How Billionaires Spend Their Money: These 5 Were Actually Good Ideas

From luxury splurges to philanthropy, discover how billionaires actually spend their money -- and get inspired by ChatGPT’s surprisingly smart insights.

GOBankingRates

MrBeast’s $5 billion empire runs on generosity—but at a cost

The YouTube star has built much of his popularity on philanthropy-inspired content. But red ink and controversy are testing his model.

Fortune

'She Is SAINT MacKenzie Scott': United Negro College Fund CEO Almost 'Lost It' After $70m Donation from Jeff Bezos' Ex

MacKenzie Scott donates $70m (£52m) to the United Negro College Fund, boosting HBCU endowments and sparking calls for a new era of trust-based philanthropy.

International Business Times UK

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Disney heiress says any billionaire who can’t manage to share their wealth is 'kind of a sociopath'

Abigail Disney previously said the need to tax rich people like her “has never been so dire.”

Fortune

George Soros' philanthropy reaches for new ideas as it grapples with the limits of its power

The family philanthropy of hedge fund billionaire George Soros has consistently been one of the largest funders of human rights organizations around the world

The Independent UK

Ken Griffin's $2 Billion Gamble: Is His 'Catalyst' Foundation the Future of American Philanthropy?

The billionaire founder of Citadel, Ken Griffin, is shifting his focus from markets to philanthropy with Griffin Catalyst, a platform launched in fall 2023 to direct his charitable giving.

Benzinga

America’s billionaires are worth $5.7 trillion—but they've only pledged or donated $185 billion of that in the last decade

The U.S.’s 1,135 billionaires are sitting on a collective $5.7 trillion, but few are giving back through philanthropy: They've only pledged or donated 3% of that in the last decade.

Fortune

These neurodivergent students are helping each other build more inclusive schools

A peer-to-peer movement of neurodivergent youth is hitting campuses this fall to build more inclusive spaces together

The Independent UK

A $200 million endowment focused on Black Americans is taking shape

The Black Freedom Fund plans to expand to a $200 million endowment

The Independent UK

US has slashed global vaccine funding – if philanthropy fills the gap, there could be some trade-offs

The U.S. government is relaxing federal vaccine requirements and cutting vaccine research and development funding here at home. Elsewhere, it’s going even further.

The Conversation

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GOBankingRates

The Most Generous Billionaire: How MacKenzie Scott Is Changing Philanthropy

MacKenzie Scott became one of the world's richest women after her 2019 divorce from Amazon founder Jeff Bezos, receiving around $36 billion.

The Independent UK

Online creators, led by MrBeast and Mark Rober, want to raise $40 million for clean water access

Online creators are launching a $40 million fundraiser to build water quality projects around the world

inkl

Soft2Bet’s Model Shows iGaming and Philanthropy Can Work Together

See how Soft2Bet unites business success with meaningful philanthropy, proving that iGaming growth and social impact can scale together — by design.

The Independent UK

Darren Walker's new book is still hopeful despite growing inequality as he leaves Ford Foundation

Outgoing Ford Foundation President Darren Walker's new book “The Idea of America" is a collection of more than eight dozen texts spanning his 12-year tenure with one of the nation's leading philanthropies

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The Independent UK

Philanthropist Wendy Schmidt insists science and immersive media can inspire action for the planet

Philanthropist Wendy Schmidt and her husband, former Google CEO Eric Schmidt, have long insisted that the scientific advancements they fund be shared widely and for the planet's protection

The Independent UK

In the nation’s poorest Congressional district, federal funding cuts create perfect storm

Nonprofits in the Bronx are facing severe challenges as federal grant cuts disrupt essential services

AAP

Women redefining philanthropy sector despite barriers

Persistent barriers are preventing the growth of female-led philanthropy but experts say greater visibility and awareness of giving will help to drive change.

The Independent UK

Yale's law school dean will be the Ford Foundation's new president

The Ford Foundation has announced Yale Law School Dean Heather Gerken as its next president

The Independent UK

Charitable giving in 2024 was up, according to new Giving USA report

Charities received $592.5 billion in donations in 2024, a 3.3% increase over 2023, after adjusting for inflation, according to the most recent ”Giving USA″ report, which takes a comprehensive look at U.S. philanthropy

The Independent UK

A MacArthur 'genius' skewers philanthropy in a farcical play tackling oligarchy and arts funding

A new play by MacArthur “genius grant” recipient Taylor Mac invites questions about the moral value of philanthropy in a society denounced by the comedy as “feudal.”

The Conversation

Why Elon Musk’s US$34 billion loss wasn’t really that – and what it tells us about the philanthropy of the ultra-wealthy

Following a sharp drop in Tesla’s share price, outlets reported that the world’s richest person, Elon Musk, had “lost” US$34 billion (£25 billion) in a single day. That figure exceeds the annual GDP of countries like Iceland, Jamaica or Mauritius. Gaining or losing even 0.001% of that wealth would be…

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