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The Latest Breaking News from Philanthropy

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

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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

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.

GOBankingRates

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

The Independent UK

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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.

inkl

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

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

The Independent UK

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.

AAP

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

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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…

Evening Standard

Former EastEnders star Anita Dobson ‘utterly thrilled’ after being made OBE

The actress, best known for playing landlady Angie Watts on the BBC soap, was recognised for services to charitable fundraising and philanthropy.

International Business Times

The Philanthropy Of Business: Domonique Gilmer's Mission To Give Back To Communities

Based in Minnesota with operations nationwide, Acres & A Mule, run by passionate educators, brings a unique fusion of dedication and expertise to the table.

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Evening Standard

Cynthia Erivo crowned best actress at BET Awards

Hosted by Kevin Hart, the awards celebrate the work of black people in music, entertainment, film, sports and philanthropy.

The Independent UK

Harrison Ford wants the Operation Smile award honoring his friend to inspire others to give more

Harrison Ford will receive an award for his philanthropy from the global surgery and training nonprofit Operation Smile

The Independent UK

MrBeast aims to raise millions for his charity by offering a weekend experience to six-figure donors

MrBeast plans to turn the success of his Amazon Prime Video reality competition series into millions of dollars for charity

AAP

Driving change: philanthropy's role in climate battle

A report has quantified the economic impacts of climate philanthropy for the first time, highlighting the potential future benefits.

The Free Financial Advisor

10 Times the Rich Used Charities to Hide Their Wealth

When you think about charitable giving, you probably picture genuine philanthropy and heartfelt generosity. However, the world of charitable tax avoidance reveals a darker side where some wealthy individuals have exploited the system for personal gain. These schemes don’t just bend the rules—they often break them entirely, costing taxpayers billions…

The Independent UK

Philanthropy wants to build Gen Z's confidence in institutions. Will youth empowerment foster trust?

Gen Z tends to lack trust in the major institutions that previous generations expected to safeguard their futures

Fortune

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

A new tax proposal aimed at crippling liberal philanthropic foundations may bulldoze a billionaire giving norm—but women like MacKenzie Scott and Melinda French Gates are expected to step up instead.

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