The Latest Breaking News from Philanthropy

In a 2001 interview, Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos reflected on the moral responsibility that comes with extraordinary wealth — calling himself a "lottery winner" and highlighting that philanthropy requires as much "time, energy, focus, and hard work" as building a fortune.

When it comes to financial planning, many people assume that advisors treat all clients the same way. But for couples without kids, the reality can feel very different. Without dependents, these clients often have unique priorities—more focus on travel, early retirement, philanthropy, or lifestyle investments rather than saving for college…

Abigail Disney previously said the need to tax rich people like her “has never been so dire.”

The family philanthropy of hedge fund billionaire George Soros has consistently been one of the largest funders of human rights organizations around the world

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. 

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.

A peer-to-peer movement of neurodivergent youth is hitting campuses this fall to build more inclusive spaces together

The Black Freedom Fund plans to expand to a $200 million endowment

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.