Philanthropy - a

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Elon Musk Nears World's Richest Title Again

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A 70% surge in Tesla's share price is pushing Musk back towards the top of lists of the world's wealthiest people.

Musk's $5.7 Billion Mystery Gift Went To His Own Charity

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His donation instantly made Elon Musk's charity arm one of the largest foundations in the U.S.

Sam Bankman-Fried's Red Flags Were Seen In All Corners Of His Empire

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He was an icon of effective altruism, but some nonprofits turned his money down.

A Powerful New Tool Transforms How Billionaires Give Fortunes Away

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The vehicle drew controversy in the past decade as a “dark money” political giving tool.

It Was A Brutal Election Year For Self-Funding Candidates

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Mehmet Oz poured $23 million into his Senate campaign. Democrat Trudy Busch Valentine spent $10.4 million.

Bankman-Fried Courted Legislators And Regulators. Now, They're Shunning Him

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All of the FTX co-founders supporters seem to have evaporated in the wake of his firm's bankruptcy.

Jeff Bezos Plans To Give Most Of His Fortune To Charity

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He wants to devote money to fighting climate change and to those seeking to unify people in polarized times.

Foundations Set Up By The Rich Are Increasingly Using Charity Loophole

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DAFs allow donors to get an upfront tax break and then are used to administer grants.

Why It's Important To Write A Good Thank You Letter

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Charities need to write a contemporaneous written acknowledgement after receiving donations.

Bill Ackman Donates $18,000 For Toddler Orphaned In Highland Park Shooting

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In the aftermath of the shooting, Ackman took to Twitter to decry the mass shootings in the U.S.

Billionaire Sheryl Sandberg Expands Foundation Ahead Of Meta Departure

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Sandberg joins a roster of billionaire women who have become household names for their giving in recent years.

A 30-Year-Old Crypto Billionaire Wants To Give His Fortune Away

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Sam Bankman-Fried drives a Corolla, sleeps on a beanbag and has a Robin Hood-like philosophy.

Buffett Signals Caution With Berkshire On Stock-Selling Streak

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Berkshire's sales appear to have largely come from cutting holdings in banks, insurance and financial investments.

Interview - Taking The Complexity Out Of Private Foundations with Sunil Garga

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Private foundations are increasingly attractive to the wealthy

Affluent Americans Boosted Charitable Giving In A Pandemic Year

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Average giving surged by 48% last year to $43,195 from $29,269 in 2017.

Gateses Have Two Years To Decide If They Can Share Foundation

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Melinda French Gates might not stay at the $50 billion foundation she built with her husband Bill.

Why The Richest Americans Can't Give Money Away Fast Enough

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The world's wealthiest may have fortunes growing far faster than their ability to give effectively.

Ikea And Rockefeller Foundations Will Give A Combined $1 Billion For Clean Energy

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The foundations will each donate $500 million to support renewable generation projects in developing nations.

MacKenzie Scott Donates $2.7 Billion, Blasts Wealth Gap

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Her ex-husband, Jeff Bezos, has also accelerated his giving.

Gates Divorce Forces $50 Billion Foundation To Weigh Changes

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It's the latest twist in what appears to be an increasingly acrimonious split.

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