Photo: Xiaomi CEO Lei Jun launches the company’s own chipset Surge S1 and Mi 5c smartphone on Feb 28, 2017 in Beijing, China. Source: zhangjin_net / Shutterstock.com One of China’s most successful entrepreneurs has pledged to donate his entire bonus to charity—a sum that totals nearly $1 billion. Lei Jun is the founder and CEO […]
Imagine if your next meal came with a side of altruism. That’s the opportunity sandwich chain Jersey Mike’s is offering customers today. In honor of their ninth annual Day of Giving, the company is donating all sales to charity. It is a nationwide event, meaning that every Jersey Mike’s location in the U.S. is participating. […]
A California charity is under federal investigation after being linked to the massive college admissions scandal that made headlines early Tuesday. Authorities say The Key Worldwide Foundation was used to launder money from wealthy parents who sought to pay their children’s way into prestigious universities. The nonprofit is founded and run by William “Rick” Singer, […]
A new survey conducted by Grantmakers for Education shows a significant shift in the education initiatives that donors are most interested in. For the past decade, donors have primarily focused their attention on K-12 reform, which covers issues related to teacher quality, standards, and assessments. However, the latest research shows that donors are less interested […]
A new report published in the Chronicle of Philanthropy shows that America’s billionaires weren’t feeling quite as generous in 2018 as they were in 2017. Statistics reveal that last year, the country’s 50 most charitable billionaire’s only donated half of what they did in 2017. Nonprofit expert Lynn Raynault explains why. “I think it’s less […]
NFL superstar Julian Edelman took it all off after talk show host Ellen DeGeneres made him an offer he couldn’t resist: $10,000 donated to the Boys & Girls Club of Boston if he let her shave his epic beard. Not only did the Super Bowl MVP graciously accept the deal, he one-upped her with an […]
A new report from Koya Leadership Partners reveals that nonprofit boards are still suffering from a lack of diversity, even though board members are keenly aware of how important inclusivity is. These findings are based off an online survey that was administered to board and executive committee members at more than 100 nonprofits. The report, […]
Disenfranchised women and girls from the Chicago area will now have a better chance of obtaining economic security and reproductive justice, thanks to a $1.114 million donation from the Chicago Foundation for Women. The donation was broken down into 43 grants, which were awarded to multiple different organizations and causes. According to Philanthropy News Digest, […]
It’s the lowest of the low. Thieves posing as volunteers stole approximately $5,000 worth of toys from a children’s charity drive this past Monday. It happened at the Summit County Toys for Tots in Akron, Ohio. Surveillance footage showed the thieves loading bags and boxes full of stolen goods onto waiting trucks. According to Fox […]
One of Britain’s largest charities, Muslim Aid, is at the center of a scandal. A recent investigation by the U.K. Charity Commission revealed that former trustees seriously mismanaged the organization’s resources. According to The Times, Muslim Aid has an annual budget of £34 million. “The concerns were originally dealt with as part of a regulatory […]