Bill Gates is donating $20 billion to the Bill and Melinda Gates Foundation this month, as the charitable foundation prepares to ramp up spending. The Bill and Melinda Gates Foundation (BMGF) was reportedly the second largest charitable foundation in the world, with an endowment of nearly $52 billion. On Wednesday, founder Bill Gates announced that […]
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 […]
In his endless quest to donate his money almost as fast as he makes it, Bill Gates has announced another philanthropic project. This time, he is taking on systemic poverty. On Thursday, May 3rd, the Bill and Melinda Gates Foundation announced that between now and 2022, they intend to spend $158 million on a variety of […]
Alzheimer’s disease is the most common cause of dementia, with symptoms that range from mild short-term memory loss to being unable to manage basic self-care functions or remember one’s own life. It is incurable, and affects more than 1 in 20 people over the age of 65, worldwide. Bill Gates, billionaire and philanthropist, says that […]
Bill Gates, the richest man in the world, has just made his biggest contribution to charity since the year 2000. According to a recent U.S. Securities & Exchange filing, Gates gave 64 million Microsoft shares (the equivalent of $4.6 billion) to an undisclosed recipient. Although the beneficiary has not been named, it is expected that […]
When a lot of people think of the world’s top philanthropists, the image of an old business magnate writing checks from behind their desk might come to mind. Not so, says The Chronicle of Philanthropy, which recently reported that some of the most generous and influential philanthropists out there today are young people in tech […]
Earlier this month, Forbes hosted its third annual Forbes 400 Summit on Philanthropy, an occasion that brought together some of the world’s leading social entrepreneurs, activists, and philanthropists. The event, held at the New York Public Library, was formed with the mission of creating innovative solutions for educational issues. At this year’s summit, these issues […]
At a recent TED conference in Vancouver Bill Gates, the world’s richest man, and his wife Melinda opened up about their personal lives. The pair said they would not be leaving all their wealth to their three children. The couple stated they will instead encourage their children to make their own way in the world. […]
Whatever your opinion might be of Mark Zuckerberg after the release of the Hollywoodized story of Facebook’s birth, there can be no question that he’s put a lot of his wealth into good causes. The founder of the world’s largest social media website and his wife donated 18 million shares of Facebook to charity both […]
When it comes to donating funds to worthy causes, two givers are always better than one. Happily, there are many charitable foundations backed by two philanthropic people, most commonly a husband and wife team. Leading businesspeople, celebrities, and entrepreneurs have donated millions of dollars, as well as their time to important causes, and more often […]