Elon Musk’s $5.7 Billion Donation Sparks Questions About Giving
The Tesla CEO has been quiet about the reported 5 million shares of company stock that he gave to charity, prompting critics to complain about the lack of transparency and to speculate about where exactly the money has gone.
Updated: More Groups Reveal MacKenzie Scott Gifts and How They Happened
Recipient nonprofits deal with suicide prevention and substance abuse. But the biggest gift — more than $130 million — went to a more traditional group: Communities in Schools.
Giving to Community Colleges and HBCUs Soared Last Year
Philanthropists MacKenzie Scott and Michael Bloomberg were big players in the flow of cash to institutions that typically don’t raise a lot of money, according to an annual survey by the Voluntary Support of Education program at the Council for Advancement and Support of Education.
Chan Zuckerberg Initiative Awards $21 Million to UCLA’s Institute for Carbon Management
Also, the Richard O. Jacobson Foundation has committed $70 million to the University of Iowa Hospitals and Clinics, and the Andrew W. Mellon Foundation is accepting applications from New York artists for its $125 million Creatives Rebuild New York program.
Giving Jumped 9 Percent in 2021, New Study Says
Last year was the third consecutive year of fundraising growth, according to the Blackbaud Institute’s research.
Donors like to see their names on new building additions, and some find ways to promote diversity while doing so, but there are more direct ways to make staffs and collections more inclusive, a Georgetown scholar argues.
U. of California at Irvine Receives Nearly $60 Million Bequest for Depression Research
Plus, two other universities, the Boys & Girls Clubs of America, and a health system for children all landed big gifts.
Also, the Stavros Niarchos Foundation gave $15 million to develop a pediatric mental-health program in Greece and Chan Zuckerberg Initiative opens a grant competition for biomedical researchers who advance diversity, equity, and inclusion in their scientific fields.
Nonprofits That Serve Low- and Moderate-Income People Show Fewer Signs of Covid Disruption
Thirty-four percent of those charities say they continue to suffer “significant disruption” amid the pandemic, down from 71 percent during the peak of their pandemic-era distress, according to a study from the Federal Reserve.
2021’s Top Donors: Where They Live, Where They Give, and More
Find out more about America’s 50 biggest donors: their ages, sources of wealth, where they live, and where they give. And see the entire Philanthropy 50 report featuring our analysis of the list and giving trends among megadonors.
Top Donors’ Giving to and From Their Foundations and Donor-Advised Funds in 2021
Some of America’s biggest donors gave primarily to their foundations or donor-advised funds last year. Here is a sampling of how much those grant makers received and how much they gave to nonprofits in 2021.
2021’s Top Donors: ‘Forbes 400′ and ‘Giving Pledge’ Billionaires Who Gave Big
Only 22 people on the 2021 Forbes 400 list of the wealthiest Americans appear among this year’s Philanthropy 50 list. That could be a sign that many of the wealthiest people in America aren’t big givers
How the Chronicle Compiled Its List of the Top 50 Donors of 2021
The 22nd annual Philanthropy 50, the Chronicle of Philanthropy’s list of America’s biggest donors, is based on gifts and pledges of cash, stock, land, and real estate to nonprofit organizations in 2021.
How a Truckdriver-Turned Harvard MBA Came to Give $101 Million for Nursing Education in Mont.
Mark and Robyn Jones believe their donation to Montana State University will have a bigger impact than if they had made a similar gift to Harvard Business School, where Mark earned an MBA.
Bill Gates, Melinda French Gates, and Elon Musk Top List of America’s 50 Biggest Charity Donors
A handful of Americans donated at least $1 billion to charity last year, according to the Chronicle of Philanthropy’s annual ranking of the 50 Americans who gave the most to charity in 2021.
MacKenzie Scott Gives $133.5 Million to Communities in Schools to Aid Underserved Students
Plus, Memorial Sloan Kettering, three universities, a private school in Palm Beach, and a medical center in Bellingham, Wash., landed major gifts.