MacKenzie Scott Gives Rare Third Gift to Medical Debt Relief Group
The billionaire philanthropist has donated a total of $130 million to Undue Medical Debt as anger swells over high health-care costs.
By Stephanie Beasley
Senior Writer and Fellowship Director
Billion-Dollar Donations Lead the Year’s Biggest Gifts
Financial aid, especially for medical school students, got the most money, followed by gifts to private foundations and for medical research and treatment.
By Maria Di Mento
Senior Editor
Mass. General Lands $100 Million for New Cancer Center
Plus, the Chicago Symphony Orchestra received a $50 million windfall from board member Helen Zell, and aspiring librarians will benefit from a $25 million gift to the American Library Association for scholarships.
By Maria Di Mento
Senior Editor
Former Chicago Bulls Executive Gives Alma Mater $18 Million
Plus, Vanderbilt’s law school received $10 million to back the study of how law and policy shape women’s experiences and opportunities.
By Maria Di Mento
Senior Editor
What Billionaires and Their Advisers Say Keeps Them From Giving More and Faster
Some are held back by finding the right vehicles and advisers, while others cite emotional reasons.
By Thalia Beaty
Associated Press
Melinda French Gates Plans to Match $1 Million in GivingTuesday Gifts to Groups That Support Women
The Vote Mama Foundation and the Rosalynn Carter Institute for Caregivers will have 10 days to raise the funds.
By Thalia Beaty
Associated Press
U. of San Diego Lands $75 Million for STEM Programs
Plus, MacKenzie Scott strikes again with another $65 million gift, financier Michele Kang gives U.S. Soccer $30 million for women’s and girls’ programs, and U.S. veterans and their families will benefit from a new $25 million donation from the founder of Craigslist.
By Maria Di Mento
Senior Editor
Buffett Continues Thanksgiving Tradition With $1.2 Billion to His Kids’ Foundations
By pouring huge sums into his family’s foundations, Warren Buffett shows trust in his three children to give away his $151 billion fortune.
By Maria Di Mento
Senior Editor
Bill Clinton Explains Why Philanthropy Fills His Post-Presidential Life in New Book
The former president discusses the Clinton Global Initiative, his efforts to raise money after disasters like Hurricane Katrina, and the need for continued aid to Haiti.
By sam-omar.hall
Copy Editor
MacKenzie Scott Gives $65 Million to National Community Development Group
Plus, the University of Rhode Island landed a $65 million bequest for STEM scholarships, and Craigslist founder Craig Newmark gave $25 million to help U.S. veterans and their families.
By Maria Di Mento
Senior Editor
Bill Conway’s $1 Billion Plan to End the Nursing Shortage
The co-founder of the Carlyle Group is using big education gifts to shore up the nursing profession.
By Maria Di Mento
Senior Editor
Hampden-Sydney College Lands $30 Million From Former Education Secretary
Plus, two Boise, Idaho, nonprofits land $25 million apiece, and the School of American Ballet receives $3 million from a longtime donor and her husband.
By Maria Di Mento
Senior Editor
Mega Philanthropist and Home Depot Co-Founder Bernie Marcus Has Died
The Atlanta billionaire gave $2 billion to a range of causes and threw his support behind many Atlanta nonprofits during his lifetime.
By Maria Di Mento
Senior Editor
Pancreatic Cancer Care and Research Gets Big Boost From $50 Million Gift
Plus, immigrants donated big last week: The Clark Art Institute, MIT, and a historical society all received eight-figure gifts from wealthy donors who immigrated to the U.S. and built their fortunes here.
By Maria Di Mento
Senior Editor
Why Billionaire Philanthropy Might Not Be as Generous as You Think
When donated wealth comes from big business, labor practices, impact on communities and environment, and tax practices may come under scrutiny.
By Tobias Jung
Contributor
Washington and Lee U. Goes Need-Blind Thanks to $132 Million Gift
Plus, Rochester businessman Phil Saunders gave the University of Rochester Medical Center $30 million to support orthopedics, nursing, and medical school faculty.
By Maria Di Mento
Senior Editor