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Avatar for Glenn Gamboa

Glenn Gamboa

AP Business Writer
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How ‘Promote Giving’ Will Raise Millions for Charities

A new line of investment funds donates at least 5 percent of its performance fee, also known as the “promote,” to charities.

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Bill Clinton Sees This Year’s Clinton Global Initiative as a ‘Counterweight’ to Aid Cuts

Clinton said he worried about the dismantling of domestic and foreign assistance programs, “the war on science and public health,” cuts to education, trade wars, and being “at risk of losing our freedom of speech.”

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MacKenzie Scott Gives $70 Million to UNCF to Financially Strengthen HBCUs

The gift is one of Scott’s largest ever and among the first to be publicly disclosed in 2025.

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Nonprofits Hope Better Storytelling Will Bring More Donations

The Elevate Prize Foundation launched a production house earlier this year to tell more of those stories.

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Bill Clinton Plans Big Changes for Clinton Global Initiative Annual Meeting

CGI hopes to address growing needs due to war and climate change and the Trump administration’s dismantling of USAID.

Abigail Disney Urges Donors to Be Braver About Giving

Abigail Disney Urges Donors to Be Braver About Giving

Donors and the leaders of major foundations and nonprofits should be willing to shoulder more risk, she says, especially at a time when more are fearful about speaking their minds.

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Bloomberg Philanthropies Launches Its Largest Mayors Challenge Ever to Inspire City Leaders Globally

It also announced the winner in this year’s challenge — a city in India that is giving farmers affordable access to cold storage, powered with solar panels.

New Builders Initiative Looks to Fight Polarization by Encouraging Collaboration and Alliances

Among the coalition members: entrepreneur Daniel Lubetzky, actor Liev Schreiber, journalist Katie Couric, and Lonnie Ali, director of the Muhammad Ali Center,.

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Silent Donor Platform Offers Anonymous Donations to the Mainstream, as Privacy Debate Rages

The platform, which allows people to route donations through a donor-advised fund, has grown quickly and has partnerships with numerous nonprofits,