The Latest Breaking News from Philanthropy

Chair of Charity Commission says voluntary sector faces ‘existential crisis’ as incomes of top 1% rise but philanthropy falls

Pablo Eisenberg, a loud and influential voice in the nonprofit sector who spoke widely and bluntly about his belief that philanthropy often benefits the wealthy more than the needy, died at age 90.

Bezos recently said he'd give away most of his wealth, but the Amazon founder is more hesitant than other billionaries when it comes to philanthropy.

FTX, an exchange for trading cryptocurrencies, quickly became bankrupt and defunct in November 2022. Its founder, Sam Bankman-Fried, is broke, and the 30-year-old former billionaire could be in serious legal trouble for his alleged financial improprieties. The Conversation asked Brian Mittendorf, an accounting scholar at The Ohio State University, to…

Jeff Bezos' $100 million award to Dolly Parton is something of a puzzle to Phil Buchanan, president of the Center for Effective Philanthropy.

MacKenzie Scott’s big gifts have been a boon to the charities who received them, and widespread fears in the nonprofit world that her gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle them were largely unfounded

Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune.

"Building Amazon was not easy ... charity, philanthropy, is very similar"

Amazon founder wants to donate much of $124bn wealth to causes such as climate crisis and world unity

The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement

Wealthy donors publicly gave more to mental health last year than in any other year over the past decade: According to a Chronicle of Philanthropy tally of publicized donations of $1 million or more, 15 donors gave 16 such gifts totaling nearly $767 million in 2021