The Latest Breaking News from Philanthropy

The 50 American individuals and couples who gave or pledged the most to charity in 2024 committed US$16.2 billion to foundations, universities, hospitals and more. That total was 33% above an inflation-adjusted $12.2 billion in 2023, according to the Chronicle of Philanthropy’s latest annual tally of these donations. Media mogul…

Several nonprofit groups launched fundraising campaigns last week to help organizations who have lost funding because of the Trump administration’s freeze on foreign assistance

FireAid, featuring Billie Eilish, Lady Gaga, Sting, Red Hot Chili Peppers and others in a fundraiser for Los Angeles-area wildfire relief efforts, is the latest event to combine music and philanthropy

Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis, where it is based, and beyond

Although the US$557 billion Americans gave to charity in 2023 marked a 2.1% decline in inflation-adjusted terms, U.S. donations have increased significantly over the past two decades. Giving has grown by about 42% since 2003, according to the annual Giving USA report – which our team at the Indiana University…

The foundations making charitable donations to support scientific and health research mostly give to institutions in their home states.

When Mark Zuckerberg recently announced sweeping changes to his company Meta’s work practices in anticipation of a Trump 2.0 presidency, keen-eyed observers noticed the tech titan was wearing a wristwatch worth nearly US$900,000 (£837,000). It’s one of a range of high-end timepieces he has sported recently.

Thomas Tighe led the humanitarian aid organization Direct Relief for 24 years as its president and CEO

Aaron Sansoni's work alongside the international children's charity UNICEF is just a tiny part of his ongoing legacy of giving back.