Big Donors Give Bigger: Charity Dependence on the Wealthy Grows, Survey Says
The study says volunteering can spark big gifts, but that the share of wealthy people who volunteer, while on the uptick, is still below pre-pandemic levels.
By Maria Di Mento
Senior Editor
Financier John Paulson Gives Hebrew U. $27 Million; 5 Other Nonprofits Win Big Gifts
MacKenzie Scott continues her giving spree to affordable-housing groups with a new $20 million donation to a housing organization in Vermont.
By Maria Di Mento
Senior Editor
Lawyer Gives $20 Million So Low-Income Law Students Can Avoid Enormous Debt
Plus, Stetson University received a $15.4 million bequest from a longtime supporter for scholarships and to endow its music school, and four other nonprofits received multimillion dollar donations.
By Maria Di Mento
Senior Editor
Plus, financier Oscar Tang and art historian Agnes Hsu-Tang gave $40 million to New York Philharmonic, MacKenzie Scott gave $15 million for U.S. computer-science students from underserved backgrounds, and retired Colorado Rockies first baseman Todd Helton gave $5 million for medical-debt forgiveness.
By Maria Di Mento
Senior Editor
Financier Len Blavatnik Gives Yale $40 Million to Develop New Health Technologies
Plus, Dan and Jennifer Gilbert have pledged $375 million for two new medical facilities, and MacKenzie Scott is giving $20 million for affordable housing in San Francisco.
By Maria Di Mento
Senior Editor
After a Family Loss, Billionaires Dan and Jennifer Gilbert Seek a Cure
Their $375 million gift will build two medical centers, one named for their son, who died at age 26 of neurofibromatosis.
By Maria Di Mento
Senior Editor
The Push to Get More Big Donors to Give to Fight the Spread of Antisemitism
Nonprofit leaders who fight hate say philanthropy has yet to recognize the threat antisemitism poses to American democracy and society as a whole.
By Maria Di Mento
Senior Editor
Mary and Richard Compton Give $50 Million to a Santa Barbara Hospital
Plus, University of Texas at Austin has landed $50 million for a new environmental studies field station, and MacKenzie Scott gave $10 million to a nonprofit that backs BIPOC-led businesses that provide jobs, training, and support to people who struggle to find employment.
By Maria Di Mento
Senior Editor
These Lottery Winners Put Millions to Philanthropy. Now Their Foundation Is Closing.
Lessons from a family’s decades-long giving focused on Latinx arts and culture, education, and diversity on nonprofit boards.
By Maria Di Mento
Senior Editor
Jeff Bezos and Lauren Sanchez Pledge $100 Million for Maui Wildfire Recovery
Plus, MacKenzie Scott is continuing to give big to affordable-housing efforts with a $10 million contribution to Homestead Community Land Trust, and University of Mississippi, Ohio Wesleyan, and San Diego State University all landed major gifts.
By Maria Di Mento
Senior Editor