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The Latest Breaking News from Philanthropy

Ballmer Group awards $42.5 million to help more than 100 Black-led groups expand

A new grantmaking effort funded by former Microsoft CEO Steve Ballmer and his wife Connie’s philanthropic arm will provide $42.5 million over the next five years to support more than 100 Black-led nonprofits focused on improving economic mobility

The Independent UK

How to Find Room for Philanthropy Despite Challenging Times

The 'philanthropic squeeze' hits when consumers face higher costs and lower investment returns. Consider these three ways to maintain charitable giving.

Kiplinger

6-year-old twins Kiva, Sahaj raise funds for tribal women

BENGALURU: Six-year-old twins Kiva and Sahaj Mehta stole the limelight raising Rs 1.5 lakh each to help tribal women in Gujarat through the philanthropy arm of the TCS World 10K Bengaluru.

The Times of India

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Turbocharge philanthropy, conga to Beethoven, ditch the ukuleles: 10 ways to save classical music

After cuts by Arts Council England and the BBC, Simon Rattle says UK opera houses and orchestras have never faced greater peril. How can they fight back? Top musicians outline their battle plans

The Guardian - UK

HBCUs get donations 178 times lower than Ivy League: study

The average historically Black college and university received 178 times less funding from foundations than the average Ivy League school in 2019, according to a new report on the underfunding of HBCUs released Tuesday

The Independent UK

Corporate volunteerism: 'Not charity. It's good business.'

As the national decline of volunteerism rates deepens, both corporations and nonprofits are now looking for something more useful

The Independent UK

Meghan Markle 'captivated' King Charles with her intelligence before leaving Royal Family

Meghan Markle was said to have been warmly welcomed by King Charles III when she first joined the Royal Family, with the monarch reportedly being impressed by her philanthropy tendencies

Daily Mirror

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Americans know very little about charities, new poll finds

The first comprehensive poll to measure public attitudes on foundations and nonprofits offers signs that charitable organizations are more trusted than other institutions, such as businesses, governments, and the news media

The Independent UK

Can a ‘nature repair market’ really save Australia’s environment? It’s not perfect, but it’s worth a shot

Australia has embarked on an experiment to create a market for biodiversity. No, we’re not talking about buying and selling wildlife, although, sadly, there is a black market for that. This is about repairing and restoring landscapes, providing habitat for threatened species and getting business and philanthropy to help pay…

The Conversation

Did you know Salman Khan would pack leftover food on set and give it to needy people on the street?

Ayesha Jhulka recently opened up about working with Salman Khan in her debut film, 'Kurbaan' in 1991. The actress also spoke about his generosity and how he used to be invested in philanthropy even back then.

The Times of India

UNHCR Underlines Strategic Partnership with Saudi Arabia

Director of Private Partnerships and Philanthropy at the United Nations High Commissioner for Refugees Roaa Fathi has emphasized that Saudi Arabia is a significant partner of UNHCR in all its relief efforts through the generous financial donations to refugees around the world. Fathi commended the humanitarian role of the Kingdom,…

Asharq Al-Awsat

Three Ways Technology Will Fix What's Broken in Philanthropy

Charities stand to benefit from evolving fintech and artificial intelligence that will make charitable giving more efficient, transparent, relevant, collaborative and impact-focused.

Kiplinger

Comcast's Dalila Wilson-Scott talks diversity, inclusion and philanthropy in workplaces of any size

Comcast Corp. has 189,000 employees, and Dalila Wilson-Scott wants to hear from all of them.

The Philadelphia Inquirer

Q&A: Craig Newmark focuses gifts on journalism, cyberdefense

Craig Newmark talks about getting focused, even as he is momentarily distracted by his beloved birds flying away from the numerous feeders in his courtyard to go visit some of his Manhattan neighbors

The Independent UK

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The Independent UK

Bill Gates joins 26 newcomers on list of 50 biggest donors

As the ranks of America’s super wealthy grow, the roster of major philanthropists is expanding to include not-so-typical megadonors — among them, a professional clarinetist, a Ph.D. in meat science, and a lawyer who regularly argues before the U.S. Supreme Court

The Independent UK

Philanthropy 50: List of America’s top 50 donors of 2022

The Conversation

Donations by top 50 US donors dropped sharply to $14 billion in 2022 – Bill Gates, Mike Bloomberg and Warren Buffett lead the list of biggest givers

The 50 Americans who gave or pledged the most to charity in 2022 committed to giving US$14.1 billion to foundations, universities, hospitals and more – a total that was 60% below an inflation-adjusted $35.6 billion in 2021, according to the Chronicle of Philanthropy’s latest annual tally of these donations.

The Guardian - UK

The Guardian view on philanthropy in the arts: a bare necessity of life

Editorial: The old models are broken, budgets are shrinking, but where there is a will there is a way – even in the hardest of times

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The Independent UK

Most disaster giving goes to relief efforts, not rebuilding

The COVID-19 pandemic greatly accelerated a long-running pattern in giving by foundations and charities for health and natural disasters, a new Chronicle analysis of nine years of data show

Insider UK

SIS Ventures appoints executive director to lead impact fund

New hire joins from venture philanthropy organisation Inspiring Scotland

The Conversation

On the first-ever India Giving Day, the highest-earning ethnic group in the US gets a chance to step up and help their homeland

Members of the Indian diaspora living in the U.S. are being urged to step up and channel money back to the homeland during a 24-hour charitable drive.

The Independent UK

How Candid hopes diversity data will help aid racial equity

Philanthropy research organization Candid is leading a coalition of funders and grantees looking to standardize the collection of demographic information to help streamline donations to minority-led groups

Los Angeles Times

'The best friendship in history': MusiCares honors Motown's Berry Gordy and Smokey Robinson

LOS ANGELES — Friday night's MusiCares Persons of the Year gala marked the first time the Recording Academy's charitable organization honored the work and philanthropy of two musicians instead of just one at its annual Grammy weekend tribute concert.

Fortune

Meta's CTO bemoans the company's philanthropy and perks as distractions that "create drag"

Philanthropy efforts, product features, and workplace perks? They just "create drag," says Meta CTO Andrew Bosworth.

The Independent UK

Major funders call for increased support of Black feminists

The need to increase funding for Black feminist organizations is urgent, according to an open letter from some of philanthropy’s most influential organizations – including Melinda Gates’ Pivotal Ventures, Rihanna’s Clara Lionel Foundation, as well as the Ford Foundation and MacArthur Foundation – released Thursday

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