Philanthropy

China 11/10/21, 18:03

Entrepreneurs are scrambling to lavish tens of billions of yuan in China to respond to President Xi Jinping’s “common prosperity” appeal. Still, experts say that such donations are unlikely to stem from their sincere philanthropy, and they will possibly stop doing so once political pressure goes away. In a recent ...

U.S. 06/05/19, 00:12

If a billionaire's approach to philanthropy is a reflection of himself, Charles Koch's latest initiative tackling poverty embodies both the wealthy industrialist's business acumen and his distaste for big government.The 3-year-old Stand Together Foundation has lately taken center stage in the Koch empire, which has been recalibrating some of its ...

Business 02/12/19, 13:56

Bill and Melinda Gates are pushing back against a new wave of criticism about whether billionaire philanthropy is a force for good. The couple, whose foundation has the largest endowment in the world, say they are not fazed by recent blowback against wealthy giving. It's come in high-profile moments at the ...

World 01/09/19, 02:57

New England Patriots owner Robert Kraft has been awarded Israel's 2019 Genesis Prize in recognition of his philanthropy and commitment to combatting anti-Semitism, organizers of the prize announced on Wednesday. The $1 million award, widely known as the "Jewish Nobel" prize, is granted each year to a person recognized as an ...

Football 12/07/18, 17:50

With a stirring rendition of "I'll Fly Away" marking the conclusion of a memorial service for former Houston Texans founder and owner Bob McNair, Dallas Cowboys owner Jerry Jones wiped tears from his eyes Friday afternoon."It's ironic that I'm getting emotional because the only other time I ever teared up ...

Business 12/02/18, 10:40

From Jeff Bezos' free preschools to Andrew Carnegie's public libraries, education stands out as a favorite cause among America's wealthiest people.And as the rich get richer, and apparently more generous, this legacy of so-called investment philanthropy has shaped government priorities and driven policy changes. But with such high-profile giving fueled ...

Culture 11/22/18, 02:02

There is an old man living today in the United States of America, who upon first glance, appears to be ordinary in every way. He lives a frugal and unassuming life, but this man has set an example for famous billionaires the world over. Economic tycoons such as Bill Gates ...

Tech 09/18/18, 06:26

Bill Gates is rallying behind school quality in developing nations with a push for more assessment data, a new initiative that links the Microsoft co-founder's signature U.S. education priorities with his more prominent global philanthropy work.The Bill and Melinda Gates Foundation as the world's largest philanthropy issued its latest "Goalkeepers" ...