Wealthy Donors
December 15, 2017 at 11:06 am
If you had a fortune in bitcoins, what would you do with it? One Bitcoin whale (a term often used for someone who owns a lot of bitcoins) has decided to simply give most of it away to charities. The anonymous benefactor announced his intentions on Reddit, and launched a site for this endeavor which…
November 10, 2017 at 11:07 am
Somewhere beneath Rockefeller Center, in a workroom with the bare fluorescent lights and tall shelves of a big discount warehouse, auction-house employees are sorting through Chinese porcelain tureens, duck decoys, prized paintings and hundreds of other items. A photo studio has been set up, too, the better to shoot close-ups for the catalogs that will…
October 18, 2017 at 1:24 pm
George Soros just gave most of his wealth to his charitable organization, the Wall Street Journal reported Tuesday. The billionaire philanthropist transferred $18 billion to Open Society Foundations, a sprawling international group of charities that works in more than 100 countries on projects focused on refugee relief, public health and many other topics. The $18…
October 9, 2017 at 11:10 am
Las Vegas Sands Corp. and the Adelson Family Foundation said Thursday that they have established a $4 million relief fund in memory of those who lost their lives in Sunday’s mass shooting on the Las Vegas Strip. Sands Cares, the global corporate giving program of Las Vegas Sands, and the Adelson Family Foundation, the charitable…
October 5, 2017 at 12:28 pm
Mei Hing Chak—also known as Zhai Meiqing—was feted with a Carnegie Medal of Philanthropy in New York this week for exceptional giving and creating a world of positive change. Chak and her husband Liu Zhiqiang ranked No. 205 on the Forbes China Rich List in 2016 with a combined fortune worth $1.4 billion. “The value…
October 2, 2017 at 12:13 pm
I was reminded about this important topic when I had a chance meeting with the wife of a friend who, when we met, launched into a five-minute tirade on how she and her husband are mistreated by the major gift officers from their favorite charities...
September 5, 2017 at 11:23 am
Hofstra University and Northwell Health announced the naming of the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell in recognition of the couple’s long-time support. Their recent gifts, totaling $61 million, will support the next generation of health care professionals in medicine, research and nursing, and includes: $50 million to create a permanent endowment…
September 1, 2017 at 11:26 am
Michael and Susan Dell announced Friday that their foundation is launching a Rebuild Texas Fund with a goal of raising $100 million for the long-term recovery of communities affected by Hurricane Harvey. Appearing on “Good Morning America” along with Gov. Greg Abbott, the Dells announced an immediate gift of $18 million, with a goal of…
August 29, 2017 at 10:44 am
Two months after he asked the Twitterverse to suggest short-term options for future philanthropy, Amazon CEO Jeff Bezos passed along his appreciation for the tens of thousands of responses that were sent in. “I’m really glad I asked—the responses have been very helpful and have already [changed] my thinking about how to approach this,” said…
August 28, 2017 at 11:12 am
Once you get over your misconceptions that rich people are so different and that they won’t want to talk with you, you’ll find that if you share common interests, you can bridge the wealth gap and build a relationship that may well lead to a gift...
