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The Latest Breaking News from Philanthropy

Quote of the day by John D Rockefeller: 'Save when you can and not when...' Life lessons from inspiring quote on proactive saving, reactive panic, emergency fund, consistent investments and financial discipline

Quote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until an emergency forces action. The quote explains how proactive saving, emergency funds, consistent investments, financial discipline and controlled spending help people prepare for uncertain situations. It also reflects…

The Economic Times · Jul 13

Quote of the day by Jeff Bezos’ ex-wife MacKenzie Scott: "My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But…" - why thoughtful generosity should never be delayed

MacKenzie Scott advocates for immediate and thoughtful philanthropy, rejecting delays for perfect solutions. She believes urgency is crucial when addressing poverty and crisis situations. Scott's approach involves significant trust in recipient organizations to manage funds effectively. This method has demonstrably improved the long-term financial stability of many groups. Her philosophy…

The Times of India · Jul 12

Quote of the day by Melinda French Gates: “Philanthropy to me means using your voice, your time, your skills, or your money, your resources, to change the world for the better” - a timeless lesson that proves generosity is about far more than wealth

Most people picture a philanthropist as someone signing enormous cheques, not someone volunteering an evening a week or simply speaking up for a cause they believe in. Melinda French Gates has spent years pushing back against that narrow picture. "Philanthropy to me means using your voice, your time, your skills,…

The Times of India · Jul 11

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Self-made multimillionaire says Canadians 'give no money away' compared with Americans—research shows U.S. giving is more than twice as high

“If you are rich in the U.S., you give money away, but I could name you 100 very rich Canadians who give no money away,” ex-finance CEO Bill Holland said.

Fortune · Jul 9

Philanthropy quote of the day by Melinda French Gates: "It's important to acknowledge that giving away money your family will never…"

Handing away money you were never going to spend anyway is easy to praise and, according to the person doing it, not actually all that impressive. Melinda French Gates, one of the most prominent philanthropists in the world, said exactly that about her own giving. "It's important to acknowledge that…

The Times of India · Jul 6

Nonprofits and brands are navigating the partisan air of the 250th in search of a unifying tone

Nonprofits and companies want to unite Americans behind community service drives and patriotic brand activations in the nation's 250th year

The Independent UK · Jul 6

Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living

Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Transfer.

Fortune · Jul 4

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Most cancer philanthropy funds research. This winery cofounder is paying for the caregivers and chair lifts families can't afford

After her husband's glioblastoma diagnosis, Kim Busch returned to the all-female California winery she'd walked away from and turned it into a fund for the costs cancer families don't see coming.

Fortune · Jul 3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'sadly,' it makes the world a worse place

Musk has offered thoughts on philanthropy: “It’s very easy to give money away to get the appearance of goodness” but it's very difficult to get “reality.”

Fortune · Jun 29

Grand jury probe launched into Neville Roy Singham's donations to Goldman Sachs' philanthropy fund: Report

Federal authorities in the US have initiated a grand jury investigation focused on businessman Neville Roy Singham's questionable financial activities. The inquiry examines a significant transfer of $285 million from Shanghai to a Goldman Sachs philanthropic fund, and other shell companies.

The Times of India · Jun 29

Wendy Schmidt: Three centuries of science is something to celebrate

George Washington Died Not Knowing Dinosaurs Existed. Three Centuries Later, Science Has Never Needed More Defense.

Fortune · Jun 29

Who Is MacKenzie Scott? Quick Facts About Jeff Bezos' Ex-Wife's Net Worth, Amazon Fortune, and $26.3 Billion in Donations

Jeff Bezos' ex-wife, MacKenzie Scott has donated more than $26.3 billion (£19.5 billion) through Yield Giving and Elon Musk criticised her philanthropy.

International Business Times UK · Jun 29

‘You've made enough money, now give it away…’: How Warren Buffett, Bill Gates and MacKenzie Scott are inspiring billionaire heirs to donate sooner

The coming decades will see an unprecedented movement of private wealth from one generation to the next. Estimates suggest that around $124 trillion will be inherited by 2048, as reported by Fortune, creating one of the largest financial transitions in recent history. While much of the discussion has centred on…

The Times of India · Jun 29

Quiet Billions, Loud Questions: Is Jeff Bezos' Ex-Wife Mackenzie Scott Helping or Hurting Non-Profit Oversight?

MacKenzie Scott's $26 billion in donations has transformed non-profits, but her rapid, unrestricted giving through Yield Giving has sparked fresh questions about oversight and accountability.

International Business Times UK · Jun 29

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Fortune · Jun 27

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

A historic $124 trillion wealth transfer is underway, and many heirs are using their influence to pressure older generations to spend down fortunes faster.

The Times of India · Jun 26

Life-changing donation: Snapchat CEO Evan Spiegel and his wife, Miranda Kerr, help erase $550 million in medical debt for more than 261,000 California residents

Snapchat CEO Evan Spiegel and his wife, model and entrepreneur Miranda Kerr, have backed one of California's biggest medical debt relief efforts. Their donation will help erase more than $550 million in unpaid medical bills for over 261,000 residents. The initiative was carried out through the non-profit organisation Undue Medical…

Fortune · Jun 26

Snap's Evan Spiegel joins MacKenzie Scott in the billionaire race to erase medical debt — wiping out $550 million for 260,000 Californians

The Snap co-founder's donation to Undue Medical Debt is the latest sign that high-leverage debt relief philanthropy is becoming a defining cause.

The Times of India · Jun 26

Quote of the day by Oprah Winfrey: "One of the things that I encourage for anybody who is interested in their own charity or philanthropy is…"

When most people hear the word philanthropy, they picture the very wealthy writing enormous cheques. It can feel like something reserved for billionaires, far removed from ordinary life. Oprah Winfrey, who has given away vast sums herself, offers a much more down to earth way in. Anyone interested in charity…

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The Times of India · Jun 26

MacKenzie Scott's $7 billion donations in 2025 accounted for one-third of America's largest charitable gifts

MacKenzie Scott reinforced her position as one of the world's most generous philanthropists in 2025 after donating around $7 billion to charitable causes across the United States. According to Giving USA and the Indiana University Lilly Family School of Philanthropy, Scott's contributions accounted for nearly one-third of the country's $19.2…

The Economic Times · Jun 25

'Never had an STD': What Bill Gates told lawmakers about affairs, Jeffrey Epstein and blackmail claims

Microsoft co-founder Bill Gates admitted to multiple extramarital affairs during a congressional interview, detailing three relationships. He stated that while Jeffrey Epstein knew of these affairs, he was never blackmailed. Gates met Epstein several times between 2011 and 2014, primarily discussing philanthropy, and acknowledged maintaining contact was a mistake. He…

Fortune · Jun 25

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

MacKenzie Scott donated $7 billion in 2025, bringing her five-year total to $26.2 billion, even as she stays out of the spotlight.

The Independent UK · Jun 23

Donors gave U.S. charities $617 billion in 2025, according to Giving USA report

Philanthropic donations in the U.S. rose to $617 billion in 2025, marking a 3% increase from the previous year

Fortune · Jun 19

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it

The Bezos Earth Fund has disbursed about $2.4 billion so far. With less than four years left to deploy the rest, the couple’s philanthropy is accelerating—though it still trails MacKenzie Scott’s by billions.

International Business Times · Jun 18

Bob Hopkins: The Philanthropist Redefining What It Means to Change the World

Hopkins entered the philanthropic world convinced that financial giving was the defining measure of generosity. As the founder and publisher of Philanthropy World magazine, he spent years spotlighting wealthy donors and charitable contributions.

The Independent UK · Jun 17

The founder of Craigslist has given away half a billion dollars. He fears for an America where generosity is trolled

In a world where a growing number of billionaires are lashing out against philanthropy, Craig Newmark has a message for them – and everyone else, J.R. Duren learns

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