Mikhail Fridman, a billionaire shareholder in Russia's Alfa Group, helped create a $1 million "Jewish Nobel Prize" to be awarded annually with the Israeli government.
U.S. charitable giving increased 4% last year to $298.42 billion, which paints a good picture for the future of philanthropy, according to an expert in the field.
Wealthy families and individuals can fulfill their philanthropic goals while saving on taxes and building up assets for themselves and their heirs, according to experts.
The percentage of taxpayers reporting adjusted gross income exceeding $200,000 who paid no U.S. income taxes increased in 2009 to 0.53 percent from 0.51 percent, according to the IRS.
Twelve families promised to donate most of their wealth to philanthropy, joining the Giving Pledge initiative started by Warren Buffett and Bill and Melinda Gates.
Twelve families take up Warren Buffett and Bill Gates on giving pledge.
High Water Women's annual casino night will be held on April 26 at Gotham Hall in New York City and will highlight the organization's financial literacy programs.
David Kyle and Kathy Rock help the foundation realize ambitious growth plans.
Donating a record $350 million to Cornell University last week moved Charles Feeney closer to a life goal: giving away all of his fortune while still alive.
Fidelity Charitable today rolled out a new online advisor platform, and a dedicated service team designed to make it easier for advisors to work with the company, fund officials said.
The world's biggest disease-fighting fund canceled its next round of grants as the global financial crisis crimps donations and threatens its ability to curb the spread of the world's deadliest...
In the face of public funding cuts, the University of Oxford hopes to get educated on U.S. fundraising techniques.
Family foundation operations can spawn family conflicts-and advisors often are the ones called upon to help resolve the disputes.
Big-dollar philanthropists can now see where their fellow donors are giving gifts of $1 million or more at a free Web site offered by the Center on Philanthropy at Indiana University.
Impact investing is talked about a lot, but acted upon very little by financial advisors...
When hedge-fund manager Joe DiMenna was looking for a symphony to support more than a decade ago, the Orchestra of St. Luke's in New York caught his ear.
One proposal unleashes capital for impact investing and the other creates more accountability for corporate social responsibility.
One group in particular appears to be very restless and may be looking to change investment advisors...
TIAA-CREF, the largest U.S. manager of pensions for teachers and academic researchers, will provide $1 billion in capital to a new unit that will oversee investments for endowments.
TIAA-CREF says it will invest $1 billion in a new group that will manage money for nonprofits.