FedEx Founder and Veteran Fred Smith Offers Unusual Gift
He financed the production of the film Devotion, about two Navy pilots in the Korean War. The film’s proceeds will go in part to endow a new scholarship fund for the children of Navy service members pursuing studies in STEM.
Muslim Couple Give Big to Autism and Promoting Religious Understanding
Rafat and Zoreen Ansari are Indiana physicians who are devoting their fortune to fostering a better understanding of the world’s religions and ensuring people with autism get the care they need.
Top 10 Donations of 2022 Totaled $9.3 Billion
Much of the money went to private foundations or to universities, but some went to cancer research and treatment, housing, youth programs, and reproductive health.
He says his hands-on approach is working, as he laments inaction on climate change and the way the pandemic upended progress on fighting disease.
Ga. Senate Race Shows Why the Fraying Line Between Charity and Politics Must Be Repaired
As election-related activities such as get-out-the-vote efforts in Georgia become more common in the nonprofit world, greater scrutiny is needed of practices that allow people to give to 501(c)(4) groups and avoid paying taxes on those contributions.
Museum Trustee Merges Social Justice and Art
Victoria Rogers, who helped start the Black Trustee Alliance for Art Museums and serves on the board of the Brooklyn Museum, has asked insightful questions about diversity and equity from a young age.
An Immigrant and Google.org Official Finds a Home in Giving Circles
Hector Mujica’s parents were not wealthy, but their generosity set the tone for his philanthropy.
A Neurobiologist Finds More Satisfaction in Disruptive Giving
Looking for more people-centered work, Rebecca Balter found her calling in supporting organizing in the South and environmental-justice efforts.
Entrepreneur Gave $50 Million to His Alma Mater. Now He’s Looking to Broaden His Giving
Austin McChord started Datto, a data backup and security company, when he was a student at the Rochester Institute of Technology. Its success has fueled his philanthropy. Plus: See the rest of our <a href="https://sandbox.philanthropy.com/package/the-future-is-now">special report</a> on young donors challenging what it means to be a philanthropist.
Global Bank Executive Moonlights as Owner of a Social-Enterprise Restaurant
April Tam Smith’s restaurant in New York’s Hell’s Kitchen gives people jobs with dignity, and the proceeds go toward several charities, including one that starts schools in war-torn Congo.
Business-School CEO Switches Gears to Head Her Family’s Foundation
Robin Bruce, daughter of home builder David Weekley, has expanded the staff and taken grant making in a new direction.
An Organizer and First in Her Family to Inherit Wealth Becomes an Environmental Activist
Jessie Bluedorn saw firsthand how an innovative small-scale approach to environmental justice could alter lives. That has inspired her grant making. <b>Plus:</b> See the rest of our special report on <a href="https://sandbox.philanthropy.com/package/the-future-is-now">young donors</a>.
Effective Altruism and Sam Bankman-Fried Share a Fundamental Flaw — They Both Ignore Human Nature
The FTX head’s indifference to individual investors is also reflected in his embrace of effective altruism — a problematic strategy that seeks to repress factors such as personal connection and sympathy when making giving decisions.
Late Financier Karin Larson Leaves $32.5 Million for Continuing Studies Program
Plus, Hunt Companies chairman Woody Hunt gives $25 million for the study of trade and commerce between the United States and Mexico.
Billionaire Leonard Lauder Gives $52 Million for Nurse-Practitioner Program
Plus, McKenzie Scott gave $15 million to support Lutheran Immigration and Refugee Service, and three universities and the MD Anderson Cancer Center all landed big gifts.
Good News for Local News as More Nonprofit Outlets Show What’s Possible
Local journalism is coming back to life in many communities thanks to increased giving from foundations and individual donors. But the success of these nonprofit newsrooms is far from guaranteed and will depend on continuing philanthropic support.