Tag: Philanthropy

Shaquille O’Neal Donates New Home to Family of 12-Year-Old Boy Paralyzed in Shooting

In August, 12-year-old Isaiah Payton fell victim to a senseless act of violence. But while a stray bullet has changed his life forever, aid has come from an unlikely source: former NBA superstar Shaquille O’Neal. WXIA-TV reports that Isaiah sustained his injuries while he and a classmate, Damean Spear, were leaving a high school football […]

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Oligarch of the Month: The Sacklers

Not so long ago, the Sackler name was stamped across the most rarified perches in Manhattan—in the psychobiology department at Columbia University, at the Metropolitan Museum of Art, and at the Museum of Natural History. Lately, though, we’ve been seeing the Sackler moniker in far less esteemed venues, as a cluster of lawsuits have uncovered […]

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Marc Benioff: We Need a New Capitalism

Capitalism, I acknowledge, has been good to me. Over the past 20 years, the company that I co-founded, Salesforce, has generated billions in profits and made me a very wealthy person. I have been fortunate to live a life beyond the wildest imaginations of my great-grandfather, who immigrated to San Francisco from Kiev in the […]

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A Relationship With Jeffrey Epstein That Bill Gates Now ‘Regrets’

Jeffrey Epstein, the convicted sex offender who committed suicide in prison, managed to lure an astonishing array of rich, powerful and famous men into his orbit. There were billionaires (Leslie Wexner and Leon Black), politicians (Bill Clinton and Bill Richardson), Nobel laureates (Murray Gell-Mann and Frank Wilczek) and even royals (Prince Andrew). Few, though, compared […]

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Oligarchs, as U.S. Arts Patrons, Present a Softer Image of Russia

Vladimir O. Potanin, a Russian billionaire who made his fortune in banking and natural resources, has been a donor and board member of the Guggenheim Museum since 2002. More recently he gave $6.45 million to the Kennedy Center in Washington, which used some of the money to install the “Russian Lounge,” a meeting space, in […]

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Laurene Powell Jobs and Robin Hood Fund Give $16 Million for N.Y. Schools

Mayor Bill de Blasio has decided to use about $16 million in private funding from an education organization backed by Laurene Powell Jobs, the widow of Steve Jobs, and from Robin Hood, a philanthropic powerhouse favored by Wall Street executives, to help open a host of new and restructured public schools in New York City. […]

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Google commits $10 million to support low-income and minority entrepreneurs

Two years ago at an event in Pittsburgh, Pennsylvania, CEO Sundar Pichai revealed that Google would invest $1 billion over the next five years in collaboration with nonprofits as a part of Grow with Google, an initiative to help people develop the skills they need to find work or grow their business. In something of […]

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New Scrutiny of Museum Boards Takes Aim at World of Wealth and Status

Warren B. Kanders, a vice chairman of the Whitney Museum of American Art, had just been driven out by a cascading protest over his company’s sale of law enforcement and military supplies. And his fellow trustee Kenneth C. Griffin was livid. So hours after Mr. Kanders resigned in July, Mr. Griffin, a hedge fund titan […]

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In a Career of Reporting, These Are Stories That Still Touch Me

Tuesday is 35 years since I walked into The New York Times for my first day of work. It was my first real job, initially covering international business and economics, and to mark the anniversary I’ve gone back and dug up some of the pieces over the decades that were particularly meaningful to me. The […]

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Surprise! Oprah Matches $1.15 Million in Donations to UNCF

Oprah Winfrey attends the premiere of OWN’s “David Makes Man” at NeueHouse Hollywood on August 06, 2019 in Los Angeles, California.Photo: Rachel Luna (Getty Images) You get a college education, and you get a college education, and you get a college education! Okay, Oprah didn’t say that when she appeared at the United Negro College […]

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It Runs in the Family: While Meghan Skypes Malawi, Mom Doria Ragland Runs a 5K for Charity—and Inspires a Romance Novel

Doria Ragland crosses the finish line at the 21st Annual Alive And Running 5k For Suicide Prevention on September 29, 2019 in Los Angeles, California.Photo: Robin L Marshall (Getty Images) Clearly, Meghan, Duchess of Sussex, gets her humanitarianism from her mama. It’s a fact the royal pointed out in her now-defunct blog The Tig, where […]

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How Being a 13-Year-Old Busboy Prepared Darren Walker to Lead the Ford Foundation

Darren Walker is the first to acknowledge his own privilege. As president of the Ford Foundation, he oversees a $13 billion philanthropic giant. As a board member at PepsiCo, he has the ear of the business world’s elite. With a magnetic personality, he enjoys friendships with everyone from Elton John to Mark Zuckerberg. Yet even […]

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Meet the Millionaires Helping to Pay for Climate Protests

Climate change protesters from Extinction Rebellion snarled traffic in Washington on Monday and again on Friday. You might find yourself asking, “Who helps pays for this activism?” The answer, in part, is the scions of some of America’s most famous families, including the Kennedys and the Gettys. On Friday, climate protesters marched through parts of […]

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Why I Resigned From the Gates Foundation

NEW DELHI — On Tuesday, the Bill & Melinda Gates Foundation presented Narendra Modi, the Hindu nationalist prime minister of India, with one of its Global Goal Awards in New York. The Gates Foundation has chosen to honor Mr. Modi for his Swachh Bharat Abhiyaan, or Clean India Mission, which claims to have built 100 […]

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Caltech Gets a Windfall for Climate Research: $750 Million

It will take huge efforts, according to experts, to avert disasters related to climate change. Commitments from reluctant leaders to reform the global economy. Shifts in the daily routines of citizens. And research from the world’s greatest minds — lots of it. To help pay for that research, the billionaires Stewart and Lynda Resnick are […]

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London Calling: Naomi Campbell Struts Into London Fashion Week With Fashion For Relief

Naomi Campbell walks the runway during Fashion For Relief London 2019 at The British Museum on September 14, 2019 in London, England.Photo: Stuart C. Wilson (Getty Images) Most of the fashion world (read: this writer) is still recovering from New York Fashion Week, but the die-hards among us subsequently made their way across the pond […]

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Cornell’s Medical School Offers Full Rides in Battle Over Student Debt

Cornell University’s medical school announced on Monday that it would make the cost of attendance free for all students who qualify for financial aid, entering a roiling debate over student debt and the rising cost of higher education in the United States. Beginning with the current academic year, eligible students at the school, Weill Cornell […]

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A Harvard Professor Doubles Down: If You Take Epstein’s Money, Do It in Secret

It is hard to defend soliciting donations from the convicted sex offender Jeffrey Epstein. But Lawrence Lessig, a Harvard Law professor, has been trying. Mr. Lessig is a friend of Joichi Ito, who resigned as the director of the M.I.T. Media Lab, as well as from the boards of The New York Times Company and […]

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Misha Nonoo, Close Personal Friend of Meghan Markle, Speaks

You are likely either to know at least two or otherwise none of the following things about Misha Nonoo: 1. She is a clothing designer. 2. She is a part of that sliver of society whose members constitute what is known as “society”: that is, people whose personal milestones are often honored by private performances […]

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