Philanthropy - a

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Market's Late 2018 Nosedive Took Toll On Foundation Assets

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Small private foundations saw their assets decrease at the end of 2018 after robust growth a year earlier.

Crypto Pioneer Pays $4.57 Million For Lunch With Buffett

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The annual auction raises money for the homeless and victims of domestic violence.

Russ Prince: Philanthropy Key To Winning The Loyalty Of Ultra-Rich Inheritors

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Ultra-rich inheritors want help in making wise philanthropic decisions.

Billionaire Vows To Pay Off Morehouse's Class Of 2019 Loans

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Robert F. Smith is the richest black person in the U.S. with a net worth of $4.5 billion.

Chinese Mom Says She Was Misled In $6.5 Million Stanford Payment

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The mother of a Stanford student said she thought she was donating for scholarships and athletics programs.

Want to Donate Bitcoin For Notre Dame? It May Soon Be Possible

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A government website taking individual donations may soon accept digital currency.

Rockefeller's Climate Resilience Program Said To Be In Jeopardy

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The foundation granted the program $164 million to help cities prepare for climate change threats.

Trump Should Pay $5.6 Million Penalty Over Charity, N.Y. Says

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A judge is weighing the state’s request to ban Trump from serving on a New York not-for-profit for 10 years.

David Rockefeller's Estate Donates Record $200 Million To MoMA

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Rockefeller served 69 years on MoMA’s board, starting in 1948, until his death at age 101.

How Impact Investing Can Amplify Philanthropic Efforts

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Here are five ways Impact Investing and philanthropy can complement each other.

Endowments And Foundations Suffer Off-Kilter Asset Allocations

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Just over half of the endowments responding to CAPTRUST's survey work with an RIA and most invest in mutual funds.

Harvard Med School Gets Record $200 Million Gift

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The donation from the Russian-born billionaire is aimed at speeding up medical and biotech research.

Steve Schwarzman Gives $350 Million For MIT College Of Computing

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The donation is part of $1 billion commitment from the university.

Harvard Fights Broad Conservative Assault On Affirmative Action

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Harvard argues that race is just one factor in its calculus, an approach allowed by the Supreme Court.

Phil Knight Just Gave $1 Billion Of Nike Shares To Philanthropy

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Nike’s founder gave 12 million shares to an unidentified charity.

Bill Gross Sets Record With $10 Million New York Stamp Sale

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The bond billionaire auctioned off his treasured collection for charity.

The Super-Rich Are Stockpiling Wealth In Black-Box Charities

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Critics say donor-advised funds may slow the flow of money directly into nonprofits that serve the needy.

Apollo's Marc Rowan Gives Wharton $50 Million For Professorships

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The gift surpasses the $40 million given by Jon Huntsman Sr. and family in 1998.

There's Still Time To Live Like A Rockefeller

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Starting in November, Sotheby’s will auction off about 450 lots from Nelson and Happy Rockefeller’s estate.

Amazon's Bezos Finally Sketches Out His Philanthropic Vision

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Preschool programs in low-income communities and support for homeless shelters are at the top of his list.

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