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The Latest Breaking News from Philanthropy

AAP Rolling News Bulletin June 10, 1630

AAP Rolling News Bulletin for June 10 at 1630

AAP

FED:Arts groups lament remote chance of snaring city donors

An inquiry into arts philanthropy has heard organisations outside capital cities struggle to find generous philanthropists.

AAP

Arts groups lament remote chance of snaring city donors

An inquiry into arts philanthropy has heard organisations outside capital cities struggle to find generous philanthropists.

AAP

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Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

Blackstone billionaire Stephen Schwarzman has given over $1 billion to charity. He credits his grandfather—and now plans a top-10 AI-focused foundation.

Fortune

Marguerite Casey Foundation plans to give at least $50M annually, a rare increase at a time of need

The Marguerite Casey Foundation plans to donate at least $500 million over the next decade

AAP

A Tampa family gave $50 million to build a children’s hospital and honour the parents who inspired them

The Pagidipati family donated $50 million to St. Joseph's Children's Hospital in Tampa, honoring their parents' 50th wedding anniversary and arrival in the U.S. This significant gift will fund a new standalone children's hospital facility, expanding specialized pediatric care access in the region and reflecting the family's gratitude for their…

The Times of India

Anonymous donors pledged a $15 million deferred gift to a private Indiana university, and the endowment was designed to support scholarships for years

Valparaiso University received a historic $15 million anonymous donation for an endowment scholarship fund. This significant gift, the largest for scholarships at the 161-year-old institution, ensures long-term student aid. Endowments provide enduring financial support, crucial for universities facing declining enrollment and rising costs. This commitment underscores the lasting power of…

The Times of India

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Melinda French Gates donates $215 million to improve women's health worldwide

Melinda French Gates is expanding her efforts to improve women's health worldwide, pledging $215 million for contraceptive access and maternal care, as well as initiatives for middle-age women

AAP

Melinda French Gates drops $10 million to tackle America’s menopause crisis

Melinda French Gates is expanding her efforts to improve women's health worldwide, pledging $215 million for contraceptive access and maternal care, as well as initiatives for middle-age women

The Independent UK

How TOMS made charity part of checkout with one simple shoe promise

A new wave of brands is redefining consumerism by integrating social responsibility into their core. TOMS' 'One-for-One' model, donating a pair of shoes for every purchase, transformed buying into philanthropy. While effective, such models must carefully consider local economies to avoid unintended consequences and ensure genuine impact beyond mere transactions.

The Times of India

Gordon and Betty Moore’s $50 million pediatric gift that rescued families from the trauma of childhood heart disease

A landmark gift for children's healthcare is reshaping how we view medical philanthropy. Gordon and Betty Moore's $50 million donation to Lucile Packard Children's Hospital Stanford focuses on family support alongside clinical care. This approach ensures vulnerable families receive crucial counseling and resources. Local care teams are empowered to guide…

The Times of India

John and Ann Doerr’s $1.1 billion historic gift that restructured Stanford to combat the global climate crisis

A groundbreaking $1.1 billion initiative at Stanford, the Doerr School of Sustainability, is revolutionising environmental problem-solving. By dismantling academic silos and fostering collaboration, it connects basic science with real-world applications. This innovative approach translates research into tangible actions, like coastal monitoring systems, demonstrating how substantial philanthropy can create public platforms…

The Times of India

ASEAN Business Advisory Council (ASEAN-BAC) and AVPN Establish Regional Platform to Strengthen Corporate Social Investment and Cross-Sector Collaboration Across Southeast Asia

SINGAPORE, May 28, 2026 /PRNewswire/ -- The ASEAN Business Advisory Council (ASEAN-BAC) and AVPN today announced the establishment of the ASEAN CSR Working Group, a regional platform aimed at mobilising corporate philanthropy, Corporate Social Responsibility (CSR), and broader corporate capital, while supporting regional policy dialogue, ecosystem collaboration, and knowledge exchange…

AAP

LEGO Foundation donates $97 million to bring play-based learning to children impacted by conflicts

The LEGO Foundation has committed $97 million to expand the International Rescue Committee's programs that use play to aid learning and recovery for children in conflict zones

AAP

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Fortune

Like Bill Gates, this billionaire is capping his kids inheritance at 8 figures and giving the rest away—he says generational wealth is bad for socie

Voyager founder Dylan Taylor says he'd rather fund philanthropy than future generations he'll never meet.

AAP

LEGO Foundation donates $97 million to bring play-based learning to more children in conflict zones

The LEGO Foundation has committed $97 million to expand the International Rescue Committee's programs that use play to aid learning and recovery for children in conflict zones

Fortune

As the U.S. and Europe pull back from global climate aid, can Asian funders fill the gap?

Globally, less than 2% of philanthropic giving goes to mitigating climate change. Of that small amount, an even smaller sliver—just 12%—goes to Asia.

The Times of India

Alice Walton’s $1 billion art vision brought American masterpieces beyond elite museum cities

Alice Walton revolutionised art philanthropy by establishing Crystal Bridges in Arkansas, bringing world-class art to everyday Americans. Her initiative, Art Bridges, now partners with over 300 institutions nationwide, subsidising loans of masterpieces to regional museums. This ensures art's accessibility, transforming cultural engagement beyond traditional coastal hubs and fostering local programming.

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The Economic Times

Quote of the day by John D Rockefeller: 'If you want to succeed you should strike out on new paths, rather than...' Life lessons on success, hard work and human nature by American industrialist and philanthropist

Quote of the day by John D Rockefeller talks about taking new paths to achieve success instead of following accepted methods. The quote explains the importance of innovation, hard work, independent thinking and risk-taking. John D. Rockefeller used different business methods to build Standard Oil and later became one of…

International Business Times UK

What Is Kyle Busch's Net Worth? NASCAR Star's Career Earnings Under Spotlight After Death Announcement Stuns Fans

NASCAR champion Kyle Busch has passed away at 41. Known for his fierce driving and philanthropy, Busch leaves behind a legacy in racing and charity work.

The Times of India

How Priscilla Chan and Mark Zuckerberg's $75 million gift changed the face of San Francisco's public healthcare

Philanthropy is shifting from funding elite research to bolstering underfunded municipal health services. A historic $75 million donation to San Francisco General Hospital by Priscilla Chan and Mark Zuckerberg exemplifies this, reinforcing public infrastructure for vulnerable populations. This community-first approach prioritizes equitable access and strengthens the safety net for those…

The Times of India

How J. Paul Getty turned a private art fortune into one of America’s biggest cultural trusts

J.Paul Getty's visionary approach transformed private wealth into a global art conservation engine. Instead of a private collection, his endowment actively invests in research, training, and field conservation worldwide. This model supports human networks and professional development, ensuring the preservation of cultural heritage beyond geographical and temporal limits, a revolution…

The Economic Times

To give, first get to know: Why India’s everyday generosity matters more than ever

India witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad-hoc and directly benefit individuals, with only a small portion reaching formal nonprofits. This contrasts with Western models, highlighting the importance of proximity, trust, and community involvement in driving Indian philanthropy towards lasting…

Fortune

MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list

“MacKenzie Scott is among the notable absences on the Philanthropy 50 list,” the Chronicle of Philanthropy said.

International Business Times UK

MacKenzie Scott Donated $7 Billion in a Year—But Was Snubbed From Top Donors List Over Low-Profile Giving

MacKenzie Scott donated $7.1 billion in 2025 but was absent from the Philanthropy 50 list due to limited public information on her donations through Yield Giving.

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