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The Latest Breaking News from Philanthropy

George Soros hands control over his family's philanthropy to son Alex, after giving away billions and enduring years of antisemitic attacks and conspiracy theories

Billionaire investor and philanthropist George Soros is handing control of his US$25 billion holdings, including his Open Society Foundations, to one of his sons, Alexander Soros.

The Conversation

The university funding shortfall with no easy fix

Universities across the country are facing funding shortfalls. But philanthropy is unlikely to help them make up the difference.

Newsroom.co.nz

It's not just climate – we've already breached most of the Earth's limits. A safer, fairer future means treading lightly

People once believed the planet could always accommodate us. That the resilience of the Earth system meant nature would always provide. But we now know this is not necessarily the case. As big as the world is, our impact is bigger.

The Conversation

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Guardian US announces appointment of Rachel White as executive vice president, philanthropy and business development

Guardian US today announces that Rachel White will take on a new expanded role as executive vice president, philanthropy and business development.

The Guardian - UK

After the ALS ice bucket challenge and the rise of MrBeast, stunt philanthropy might be here to stay

Stunt philanthropy is what happens when influencers, other celebrities and people who aren’t famous at all use entertaining videos to encourage support for a charitable cause.

The Conversation

Three Ways Charitable Organizations Can Boost Public Trust

Silicon Valley Bank’s collapse adds to distrust in institutions, and that’s affecting nonprofits and grantmakers. Fresh expressions of transparency can show that the nonprofit sector is different.

Kiplinger

What does Jeff Bezos’s new fiancee see in the world’s third-richest man? Must be his enormous philanthropy

Giving money away is hard, says Lauren Sánchez, who is currently touring Europe with Bezos on his 417ft yacht, says Guardian columnist Marina Hyde

The Guardian - UK

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In Philanthropy, Gen Z and Millennials Do It Their Way

Next-gen givers are flipping the philanthropy script. Here are five ways they’re taking a different approach to charitable giving.

Kiplinger

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

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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The Independent UK

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 Conversation

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…

Asharq Al-Awsat

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,…

Kiplinger

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.

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The Philadelphia Inquirer

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 Independent UK

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

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

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

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