The Latest Breaking News from Philanthropy

The 50 Americans who gave or pledged the most to charity in 2022 committed to giving US$14.1 billion to foundations, universities, hospitals and more – a total that was 60% below an inflation-adjusted $35.6 billion in 2021, according to the Chronicle of Philanthropy’s latest annual tally of these donations.

Editorial: The old models are broken, budgets are shrinking, but where there is a will there is a way – even in the hardest of times

LOS ANGELES — Friday night's MusiCares Persons of the Year gala marked the first time the Recording Academy's charitable organization honored the work and philanthropy of two musicians instead of just one at its annual Grammy weekend tribute concert.

Philanthropy efforts, product features, and workplace perks? They just "create drag," says Meta CTO Andrew Bosworth.

The need to increase funding for Black feminist organizations is urgent, according to an open letter from some of philanthropy’s most influential organizations – including Melinda Gates’ Pivotal Ventures, Rihanna’s Clara Lionel Foundation, as well as the Ford Foundation and MacArthur Foundation – released Thursday

Donations often come with rigorous applications and reporting requirements. Billionaire MacKenzie Scott, who divorced Jeff Bezos in 2019 and vowed to give away most of her fortune, does it her way.

These latest interviews and revelations show that Prince Harry is more a driving force behind the rifts with his family than Meghan could ever have been — but where will it end? Cetainly not with the world’s elite at Davos, says Anne McElvoy

Bill Gates topped The Chronicle of Philanthropy’s annual list of the 10 largest charitable gifts announced by individuals or their foundations in 2022

In 1980, artist Alexandra Grant, then 7 years old, and her mother set out in a red Chrysler LeBaron headed from Washington, D.C., to Mexico City. Her mother, formerly a professor at Oberlin College, was relocating the two of them so she could take a post as a foreign service…