Philanthropy
Donate to survive: How long can China’s state-driven philanthropy last?
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 ...
Koch tackles poverty by coaching nonprofits on business
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 ...
Bill, Melinda Gates unfazed by criticism of wealthy giving
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 ...
Israel awards Patriots owner Kraft the ‘Jewish Nobel’ prize
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 ...
McNair praised for philanthropy and bringing NFL to Houston
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 ...
Bezos’ preschools come as rich get richer, more generous
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 ...
The story of the most bizarre billionaire in American history (Video)
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 ...
Bill Gates calls for more global education assessments data
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" ...
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