Tag: philanthropy

A Pioneering Orchestra Boss Had ‘Unfinished Business,’ So She Returned

When the musicians of the New York Philharmonic gathered inside what was still very much a construction site in mid-August to hear for the first time how they would sound after the $550 million renovation of their home, David Geffen Hall, Deborah Borda, the orchestra’s president and chief executive, handed out roses to the arriving […]

Read More

MacKenzie Scott May No Longer Have a Partner in Philanthropy

In lieu of a wedding announcement, the billionaire philanthropist MacKenzie Scott’s second husband, Dan Jewett, a science teacher, proclaimed their marriage last year by publicly promising to join her in donating their enormous fortune to good causes. A year and a half later, his name has quietly vanished from her philanthropic endeavors. On the site […]

Read More

Opening Paul Allen’s Treasure Chest

Paul G. Allen, the co-founder of Microsoft, was strongly attracted to landscapes as “a way of looking outward,” which may be why he felt moved to spend more than $40 million on Gustav Klimt’s 1903 autumnal oil, “Birch Forest,” in 2006. “I’m always trying to figure out where the future’s going,” Allen said in an […]

Read More

Herschel Walker’s Company Said It Donated Profits, but Evidence Is Scant

The spokesman said, however, that he could not rule out the possibility that Mr. Walker had given to one of the Boy Scouts’ 250 local councils. The Times also reached out to local Boy Scout chapters in two places with connections to Mr. Walker — a council in North Texas, where Mr. Walker lived for […]

Read More

Donors Worry About a Cash Crunch for Voter Registration Groups

Several nonprofit groups that work to register voters are privately sounding the alarm about their finances, warning donors that they will have to begin scaling back their programs just as the country enters the homestretch of the midterm elections. It is a critical time. Today is National Voter Registration Day, and deadlines to register are […]

Read More

Bill, Hillary and Chelsea Clinton Return to Center Stage. Their Own.

After a six-year hiatus, the Clinton Global Initiative returned to New York City this week, bringing together leaders from the worlds of nonprofit, government and business, with a few celebrities sprinkled in for good measure. It has been an eventful few years since they last gathered in 2016. “The challenges we face are steep, but […]

Read More

A More Inclusive Global Order Is Possible

This vision found its consummate expression at the Bretton Woods Conference in 1944, where delegates created the World Bank and International Monetary Fund — and then in the charter of the United Nations a year later. With support from a range of institutions, including the Ford Foundation, it evolved and expanded to include a plethora […]

Read More

Patagonia Won’t Save the World Without Addressing Some of Its Prior Failures

The world’s institutions—both brands and NGOs alike— welcomed the Higg MSI with open arms and little to no research. After partnering with the global NGO World Resources Institute, Higg Co., the for-profit selling the index, raised $50 million in funding in April this year, and its index full of dubious data became the accounting metric […]

Read More

Philanthropy, the Billionaires’ Way

A favorite tax play by billionaires on the right and the left The move by the Chouinard family to give away Patagonia, the $3 billion outdoor apparel company founded in the 1970s by Yvon Chouinard, to a special trust and a nonprofit grabbed headlines because it felt like a very un-billionaire-like way to fight climate […]

Read More

Patagonia Founder Gives Away the Company to Fight Climate Change

A half century after founding the outdoor apparel maker Patagonia, Yvon Chouinard, the eccentric rock climber who became a reluctant billionaire with his unconventional spin on capitalism, has given the company away. Rather than selling the company or taking it public, Mr. Chouinard, his wife and two adult children have transferred their ownership of Patagonia, […]

Read More

Bill Gates: ‘We’re in a Worse Place Than I Expected’

Well, it’s always fascinating to see that the varieties of maize that you use in the United States, they keep marching north. But eventually you get hot enough that you can’t even use maize. Maize is very temperature sensitive. You can reduce that only somewhat. Unfortunately, there are other crops like sorghum that evolve to […]

Read More

King Charles Inherits Riches, and Passes Off His Own Empire

LONDON — King Charles III built his own empire long before he inherited his mother’s. Charles, who formally acceded to the British throne on Saturday, spent half a century turning his royal estate into a billion-dollar portfolio and one of the most lucrative moneymakers in the royal family business. While his mother, Queen Elizabeth II, […]

Read More

Public Welfare Foundation Celebrates 75 Years Of Justice ‘By Any Means’

NewsOne Featured Video Public Welfare Foundation President and CEO Candice C. Jones describes the history of the True Reformer Building Source: The Washington Post / Getty Philanthropy can sometimes seem out of touch with real people and issues. But some organizations understand the importance of directly funding the work of impacted communities. One such organization, […]

Read More

Catholic Order Struggles to Raise $100 Million to Atone for Slave Labor

A prominent order of Catholic priests vowed last year to raise $100 million to atone for its participation in the American slave trade. At the time, church leaders and historians said it would be the largest effort by the Roman Catholic Church to make amends for the buying, selling and enslavement of Black people in […]

Read More

After Basquiat Raid, Orlando Museum Faces Crisis of Credibility

ORLANDO, FLA. — The Orlando Museum of Art no longer resembles the active crime scene it was in June, when agents from the Federal Bureau of Investigation’s Art Crime Team raided the museum and seized its marquee exhibition: 25 paintings attributed to Jean-Michel Basquiat but whose authenticity was questioned in an F.B.I. affidavit that detailed […]

Read More

Hey Hey! Ho Ho! These Climate Activists Get Paid to Go.

They’ve taken hammers to gas pumps and glued themselves to museum masterpieces and busy roadways. They’ve chained themselves to banks, rushed onto a GrandPrix racetrack and tethered themselves to goal posts as tens of thousands of British soccer fans jeered. The activists who undertook these worldwide acts of disruption during the last year said that […]

Read More

Three Sentences That Could Change the World — and Your Life

[MUSIC PLAYING] ezra klein I’m Ezra Klein. This is “The Ezra Klein Show.” Today’s show is built around three sentences that could — I think that should — change the future. Here they are: Future people count. There could be a lot of them. We can make their lives better. That is it. They sound […]

Read More

‘Passionate About Making A Difference’: The Wilsons To Donate $500K Annually To Colorado Nonprofits

NewsOne Featured Video Songstress Ciara and her husband NFL player Russell Wilson are taking their philanthropic efforts to new heights. According to 9News, the couple is teaming up with the Colorado-based healthcare company Centura Health to empower nonprofits leading transformative work throughout the state. The Wilsons have vowed to donate $500,000 on an annual basis […]

Read More

3 Reasons to Support Rare Disease Research

If you have ever been asked to donate your hard-earned money to help research some obscure medical condition, you might have wondered why you should bother. Perhaps you worried your donation wouldn’t make a difference. Or maybe you felt this was someone else’s crusade, and just didn’t care. Before my own son was diagnosed with […]

Read More

More Americans Are Going Hungry, and It Costs More to Feed Them

The first time Kelly Wilcox drove her 2017 Dodge Grand Caravan to the food pantry near her home in Payson, Utah, she noticed one thing right away that surprised her: newer models of Toyota and Honda sedans and minivans. “I saw a bunch of other people with cars like mine, who had kids in cars,” […]

Read More

What Is Impact Investing?

Many foundations that are established to solve society’s most pernicious problems have investments as their lifeblood. Their assets need to be invested in profitable businesses in order to sustain operations and grow. So, what happens when a foundation’s mission is directly contradicted by its own investments? What if the problems a foundation was created to […]

Read More

What Is Impact Investing?

Many foundations that are established to solve society’s most pernicious problems have investments as their lifeblood. Their assets need to be invested in profitable businesses in order to sustain operations and grow. So, what happens when a foundation’s mission is directly contradicted by its own investments? What if the problems a foundation was created to […]

Read More