Major Gifts
Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc. stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The 10th annual donation, Buffett's largest, comprised 20.64 million Class "B" shares of Berkshire, and increased Buffett's…
Elon Musk, CEO of Tesla and SpaceX, doesn’t trust artificial intelligence, which he once likened to “summoning the demon.” In fact, Musk distrusts it so much that, in January, he donated $10 million to the Future of Life Institute (FLI) to fund a program with the goal of making sure AI doesn’t completely overrun our…
Have I made mistakes in my past and present? You bet, but I have always cared deeply about each institution and the people I served during my tenure on staff. I constantly try to learn from others, both young and old, to perfect my craft. Nonprofit service is like golf, in the sense that you must constantly practice to become a better player. The dynamics of the nonprofit world are constantly changing and you must adapt and change to be successful...
Girl Scouts is #ForEVERYGirl. That means transgender girls, too. After a donor, who remains anonymous, asked Girl Scouts of Western Washington to ensure their $100,000 contribution would not be used to help transgender girls, the chapter of the national organization gave the money back. In one day, they've made more than double that amount through a…
Saudi Arabian billionaire Prince Alwaleed bin Talal has said he will donate his $32bn (£20bn; €29bn) personal fortune to charity. The 60-year-old nephew of King Salman is one of the world's richest people. He said he had been inspired by the Gates Foundation, set up by Bill and Melinda Gates in 1997. The money would…
The St. David’s Foundation in Austin, Texas, has announced grants totaling more than $26.8 million to local nonprofit organizations working to provide health care-related services to residents of central Texas. The grants include more than $12 million to 21 organizations awarded through the foundation's Healthy People program, which supports safety net clinics that provide a…
Americans’ donations to arts and culture rose 9.2 percent in 2014, the highest increase in nine categories tracked by Giving USA, an annual report on charitable contributions. Overall, however, arts and culture commanded a modest share of the philanthropic pie. Estimated gifts to arts and culture totaled $17.2 billion, according to the report compiled by…
The medical world just got some major ammunition in its battle to cure cancer—a $1 billion donation spearheaded by Nike chairman and CEO Phil Knight. In September 2013, Knight and his wife, Penny, pledged to give $500 million to Oregon Health & Science University for cancer research if the school could raise a matching donation in two…
If any one of these traits are yours, either you need to change something or decide that perhaps you are in the wrong position. Look, we are all on a journey. But why continue on the path that is making you miserable? Doing it just for the money is not fair to you or your organization’s donors.
Wealthy donors gave over $700 million more to nonprofits in the first five months of 2015 than they did in the same period last year, according to a Chronicle of Philanthropy tally. From January through the first week of June 2015, affluent donors gave more than $4 billion to nonprofit groups, a 21 percent increase…