Donations on the crowdfunding site to people and fire relief efforts have exceeded those for all natural disasters worldwide last year.
Category: Philanthropy
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Bill Gates Isn’t Like Those Other Tech Billionaires
The Microsoft co-founder and philanthropist is taking a break from the future to examine his past — and mulling where the billionaires now fit in.
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David Bonderman, Co-Founder of Private Equity Giant TPG, Dies at 82
A globe-trotting lawyer turned investor, he helped transform a cottage industry into a colossus with influence on Wall Street and beyond.
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Elon Musk and DOGE vs. Regulators
The billionaire has needled government agencies, armed with potential influence over their budgets. But some of these organizations are also looking into his interests.
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Musk’s Foundation Gave Away Less Money Than Required in 2023
Private foundations must donate 5 percent of their assets every year. Elon Musk’s enormous charity missed that standard for three consecutive years.
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Fund-Raiser Who Pocketed Money Meant for Sick Kids and Vets Gets 10 Years in Prison
Richard Zeitlin, a telemarketing kingpin who kept 80 percent of the donations raised for charities, pleaded guilty to fraud in September.
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Scott Bessent, Trump’s Pick for Treasury Secretary Doesn’t Fit the President-Elect’s Loyalist Mold
President-elect Donald J. Trump’s pick for Treasury secretary doesn’t fit his loyalist mold.
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What if Charity Shouldn’t Be Optimized?
The recent trend in philanthropy has been to look for the most bang for your buck. Maybe you don’t have to.
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Vardis Vardinoyannis, Greek Tycoon With Ties to the Kennedys, Dies at 90
He built his family’s oil-refining operation into one of the largest companies in the country, and then used his wealth to benefit charitable causes.