The Latest Breaking News from Philanthropy

Why Bill Gates Finally Sold Every Microsoft Share

For nearly 50 years, Bill Gates and Microsoft were deeply connected. The company he co-founded with Paul Allen in 1975 changed personal computing forever, built one of the world’s most powerful tech empires, and turned Gates into a global business icon. Even after leaving day-to-day leadership, the Bill & Melinda…

MyLifeXP · May 20

How Nike founder Phil Knight’s $2 billion gift is reshaping cancer care in America

Phil and Penny Knight's $2 billion donation to OHSU's Knight Cancer Institute exemplifies legacy-changing philanthropy, moving beyond spontaneous "lightning strikes." This significant gift, the largest to an American academic medical center, is the culmination of a decade-long strategic commitment, demonstrating how sustained dedication and proven organizational capability can revolutionize healthcare…

The Times of India · May 17

Nonprofit CEOs say Trump’s economy is driving surging demand—and they're pushed to the brink

A new Center for Effective Philanthropy report finds nonprofits are facing higher need, tighter funding, staff cuts, and worsening burnout.

Fortune · May 14

After giving away billions to charity, MacKenzie Scott says, ‘small acts of kindness matter’

MacKenzie Scott has given away more than $26 billion since 2019, yet she emphasises that everyday acts of kindness remain vital. Drawing on research and data, she highlights how small, consistent contributions improve wellbeing, spread prosocial behaviour, and collectively shape communities alongside large-scale philanthropy.

The Times of India · May 2

After giving away $26 billion in philanthropy, MacKenzie Scott’s wealth remains largely unchanged — here's why

MacKenzie Scott has donated over $26 billion since 2019, yet remains extremely wealthy because her fortune is tied to Amazon stock. As share values rise, her wealth continues to grow, allowing her to give at an unprecedented scale without a proportional decline in net worth.

The Times of India · Apr 29

Philanthropy is reshaping global health. Here’s how

Over the past two decades, global health has undergone a profound transformation. As public funding for international health and development has become increasingly unpredictable, private philanthropy has largely stepped in to fund global programmes.

The Conversation · Apr 29

Tracy Sturdivant, the Ms. Foundation's next leader, wants to expand the feminist funder's coalition

Tracy Sturdivant will succeed Teresa Younger as the next president and CEO of the Ms. Foundation, the first national philanthropy run by and for women

The Independent UK · Apr 29

World's Richest Man, Least Generous? Elon Musk Tops Forbes 'Least Philanthropic' List

Forbes has labelled Elon Musk 'among the least philanthropic billionaires', estimating that only a minute fraction of his $839 billion wealth has reached people in need.

International Business Times UK · Apr 27

Bill Gates Warns of 'Dark Ages' Risk as Epstein Testimony Looms and Foundation Accelerates $200B Push

Bill Gates is navigating a turbulent period blending ambitious philanthropy with renewed scrutiny over his past ties to Jeffrey Epstein, as the Microsoft co-founder and billionaire philanthropist testifies before Congress next month while his foundation ramps up spending to counter what he calls a dangerous reversal in global progress.

International Business Times · Apr 21

Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back

Jeff Bezos gave Eva Longoria $50 million for philanthropy. Two years on, she says the biggest myth is that you need to be rich to give back.

Fortune · Apr 21