Philanthropy - a

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Soccer Team Owner Russia's Top Philanthropist

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Roman Abramovich, owner of London’s Chelsea Football Club. donated about $310 million of his $12.7 billion fortune to philanthropic causes from 2010 through 2012

Charities Fear Obama Budget Will Hurt Donations

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Many in the philanthropic community say President Obama’s budget proposal would have a devastating effect on a charitable sector still recovering from the effects of the Great Recession.

Gates Helps Australia’s Richest Man In Bid To End Slavery

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Australian iron mogul Andrew Forrest, with the help of Microsoft founder Bill Gates, is on a crusade to end involuntary servitude in 160 countries.

Russian, Indian Billionaires Join Top U.S. Museum Boards

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Some of the nation's top museums are stocking their boards with foreign donors, who can often help negotiate loans and navigate bureaucracies broad.

Northern Trust Donates $15 Million To Charity

by PW Staff

Northern Trust donated $15 million last year in corporate contributions to charities and nonprofit organizations, achieving its goal of giving 1...

New Study Focuses On Private Foundations

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A new study on private foundations will be compiled by the Council on Foundations and the Commonfund Institute, the two organizations announced.

Billionaire Branson Joins Buffett’s Charitable Pledge

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The first billionaires from outside the U.S...

Millionaire Sells Canned Air To Beat Beijing's Smog

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As north China chokes on toxic smog, a Chinese entrepreneur is offering a solution: canned air.

Wealth-X Partners With U.K. Fundraisers

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Wealth-X is partnering with the Institute of Fundraising in the United Kingdom to assist in providing information for fund-raising campaigns.

Axa Donates American Masterpiece To Met

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Axa Equitable has donated Thomas Hart Benton’s epic mural, "America Today," to the Metropolitan Museum of Art in New York City, the museum and Axa Equitable announced.

Geffen Donates $100M To UCLA

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David Geffen, the billionaire entertainment executive, will donate $100 million to the University of California, Los Angeles, to help medical students graduate without debt.

Donations From Wealthy Hold Steady

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The high-net-worth gave almost as much to charity last year as in 2009, a new survey says.

UHNW Prefer Charity Over Luxury Items, Study Says

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Investors worth $25 million or more are more likely to donate $100,000 to charity than spend it on jewelry, collectibles, boats or other discretionary items, according to a Spectrem study.

Billionaire Paulson Donates $100 Million For Central Park

Billionaire John Paulson and the Paulson Family Foundation are donating $100 million to the Central Park Conservancy, the largest parks donation ever.

Religion, Education Top Charities Among Wealthy

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Judging by their charitable giving, the wealthy care more about education, religion and other causes more than the upcoming election, according to a new study.

Buffett Joined By 11 Families Pledging Wealth To Charity

Eleven families promised to donate most of their wealth to philanthropy, joining the Giving Pledge initiative started by Warren Buffett and Bill and Melinda Gates.

Brooke Astor Dog Paintings, Tiepolo, Teapots Head To Sotheby's

Philanthropist Brooke Astor's lacquered Japanese cabinets, Louis XV clocks and porcelain tea sets are heading to the auction block at Sotheby's on Sept. 24 and 25.

Nonprofit CEO Pay Topping $1 Million Rises Along With Scrutiny

More than 20 nonprofit groups, from New York Presbyterian Hospital and the Boys & Girls Clubs of America to Lincoln Center for the Performing Arts, paid top executives more than $1 million a year...

Giving Pledges Of Wealthiest Under Spotlight

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The Foundation Center, which tracks the work of foundations worldwide, has launched a new Web site to make the giving of the wealthiest Americans more visible.

Tiger 21 Expands Reviews Of Members' Financial Plans

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Tiger 21 has expanded its review of members' financial lives to include estate planning, philanthropy, business evaluation and risk management.

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