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The Latest Breaking News from Philanthropy

OpenAI's new nonprofit commission may have a lot more to do with maximizing profits than philanthropy

With scrutiny mounting and a $40 billion funding round on the line, OpenAI’s new nonprofit commission may be less about charity—and more about optics.

A British billionaire funded therapeutic food production amid USAID 'craziness.' It won't be enough

A British billionaire funded therapeutic food production amid USAID 'craziness.' It won't be enough

America's nutritional peanut paste manufacturers are having a “yo-yo” of a year

The Independent UK

Why Rihanna's expanding Clara Lionel Foundation is seen as a model for celebrity philanthropy

Why Rihanna's expanding Clara Lionel Foundation is seen as a model for celebrity philanthropy

Rihanna fans might know the musician for hits such as “Umbrella” and “Diamonds."

The Independent UK

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Anant Ambani’s 140 Km Walk to Dwarka: Defying Health Struggles with Faith and Determination

The youngest son of the Ambani family, one of the world’s most prominent and influential families, is known for his commitment to both business and philanthropy. Read further on Dynamite News:

Don’t count on America’s wealthiest to help people struggling during the recession, experts say

Financial experts say a recession could lower donating among the lower rungs of the 1%.

“In recognition of his outstanding achievements in the field of higher education, philanthropy and widening participation”: There’s another honorary degree on its way to Stormzy

The rapper’s scholarship scheme has now funded 55 Black British students

Here’s how some human rights and LGBTQ+ groups prepared for major foreign aid cuts under Trump

The Trump administration's cuts to foreign aid have defunded groups that campaign for LGBTQ+ communities and for democracy around the world

The Independent UK

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Melinda French Gates said Warren Buffett’s advice helped her set boundaries as a leader

Melinda French Gates said Warren Buffett’s advice helped her set boundaries as a leader

Buffett told staffers at the Gates Foundation to “find your bull's-eye” and everything else will fall into place.

Michael Bloomberg tops the list of America’s biggest donors for the second year in a row

Michael Bloomberg tops the list of America’s biggest donors for the second year in a row

For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes, according to the Chronicle of Philanthropy’s exclusive Philanthropy 50 list of the Americans who donated the largest sums to nonprofits last year

The Independent UK

Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers

Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers

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…

The Conversation

Emergency fundraisers offer a lifeline to groups who've lost foreign aid

Emergency fundraisers offer a lifeline to groups who've lost foreign aid

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

The Independent UK

Carlyle Group co-founder Bill Conway’s $1 billion plan to end the nursing shortage

Carlyle Group co-founder Bill Conway’s $1 billion plan to end the nursing shortage

No other wealthy donor has dedicated as much money to such a wide range of nursing programs as Bill Conway, the 75-year-old co-founder of the private equity giant the Carlyle Group, and his late wife, Joanne Barkett Conway, who died in January, 2024

The Independent UK

3-year study finds MacKenzie Scott's $19 billion in charitable giving has been 'transformational' for nonprofits

3-year study finds MacKenzie Scott's $19 billion in charitable giving has been 'transformational' for nonprofits

A new report analyzes data from over 1,000 organizations that have received grants from the billionaire philanthropist.

Quick Facts About Dallas Mavericks Owner, Miriam Adelson: Age, Family, Net Worth And More

Quick Facts About Dallas Mavericks Owner, Miriam Adelson: Age, Family, Net Worth And More

From medicine to billions of dollars, Miriam Adelson's story has had a diverse impact. She leads in business, philanthropy, and media.

International Business Times UK

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Aga Khan IV, Leader Of Ismaili Muslims, Dies At 88

Learn about the life and legacy of Aga Khan IV, a revered spiritual leader of Ismaili Muslims, known for his philanthropy and bridge-building efforts.

The Independent UK

FireAid, with Billie Eilish and Lady Gaga, is the latest in a long line of massive benefit concerts

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

The Independent UK

Target's DEI rollback raises questions about the retail giant's philanthropic commitments

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

The Conversation

Donors are down, but dollars are up – how US charitable giving is changing

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…

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The Conversation

Philanthropy provides $30B annually for science and health research − funding that tends to stay local

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

The Conversation

Andrew Carnegie and the 19th-century ‘robber barons’ have lessons for today’s oligarchs about the responsibilities of wealth

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.

The Independent UK

Thomas Tighe reflects on 24 years leading the international health nonprofit Direct Relief

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

International Business Times

Philanthropy & Giving Back – A Legacy Of Giving Through Aaron Sansoni's Charitable Initiative

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

President Jimmy Carter's Enduring Legacy Of Philanthropy

Explore President Jimmy Carter and Rosalynn Carter's enduring philanthropic legacy through nonprofits and humanitarian efforts.

MacKenzie Scott and Melinda French Gates’s momentous year of giving

The billionaires are potentially reshaping philanthropy in the U.S.

Elon Musk: Giving Away Money is 'Very Difficult' If You 'Care About the Reality of Doing Good and Not the Perception of Doing Good'

Elon Musk believes true philanthropy prioritizes measurable impact and solving real-world problems over public recognition, emphasizing the difficulty of effectively giving money and the importance of focusing on tangible results.

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