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Philanthropy - a

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'Homeless Billionaire' Charms L.A. With $500 Million Gift

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Nicolas Berggruen is spending $500 million to create a public policy think tank in the mountains above Los Angeles.

Buffett's Children Say Both Parents Set Example For Philanthropy

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The majority of his Berkshire stock will go to the Bill & Melinda Gates Foundation over time.

Ex-Harvard Head Summers Suggests School Curb Endowment Payout

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Harvard disbursed $1.8 billion from its endowment in the fiscal year that ended June 30—a payout ratio of 5.1 percent.

Buffett's Son Funds Hydropower To Save Congo Gorillas

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It's hoped that a series of hydropower plants can save Africa's oldest national park and its resident gorillas.

Sean Parker Gives $250 Million For Cancer Therapy Research

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The focus is on helping more than 300 scientists from six top cancer research centers develop treatments.

Connecticut Drops Proposal To Tax Yale's Endowment Earnings

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A bill to tax Yale University’s property moved forward instead.

Economic Inequality May Be Driving Change In Giving

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Private foundations increased grants to human services and societal causes in 2015, says Foundation Source.

Showing Your Charitable Side

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Many clients are shutting their advisors out of their philanthropy planning, a new survey suggests.

Mercer: Non-Profits Should Consider Risk Tolerance Before Alternatives

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Endowments and foundations must do more to determine when alternative investments are appropriate, says Mercer.

Billionaire Koch Duo Target Education, Crime With New Group: USA Today

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The Republican brothers are launching a new group to target poverty and education.

Stanford Lures $1.6 Billion In Donations, Beating Harvard

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The nation’s wealthiest colleges continue to attract a disproportionate share of higher education philanthropy.

Endowment Funds As An Estate Planning Tool

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For clients looking for advice about the disposition of their wealth, establishing an endowment may be a fulfilling solution.

From Ackman To Musk, Charity Giving Takes On Stock-Picking Feel

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A movement is underway that calls for using data science to calculate how people can ensure each dollar they give has the greatest impact on those in need.

Griffin Donates $40 Million To New York’s Museum Of Modern Art

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Billionaire Ken Griffin donated $40 million to New York’s Museum of Modern Art, one of the largest gifts in the institution’s 85-year history.

Top 10 Most Charitable States

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A 2015 study by WalletHub found that Republican-leaning states display more charitable giving and volunteerism, on average, than Democratic states.

Stanford Collects $1.6 Billion In Donations, Surpassing Harvard

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Stanford University collected $1.6 billion in donations in the fiscal year through August, including $626 million in art and special collections, the school said in an annual report released Thursday.

UHNW Millennials Flex Muscle In Family Philanthropy, Study Says

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Millennials in ultra-high-net-worth families are having the most influence on matters involving impact investing and philanthropy, according to a new study.

For Facebook's Zuckerberg, Charitable Is In Eye Of Beholder

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However philanthropic the intentions of Mark Zuckerberg, he isn’t required to give a penny of his $45 billion to charity despite his announcement Tuesday.

Zuckerberg Philanthropy Pledge Sets New Giving Standard

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Mark Zuckerberg and his wife pledged to give away virtually all of their $46 billion in Facebook shares, setting a new philanthropic benchmark.

Philanthropists Desires And Gifts Do Not Match Up, Study Says

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The largest donations go to institutions, rather than attacking social issues, says The Bridgespan Group.

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