The Latest Breaking News from Philanthropy

Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking.

Donations from Fidelity Charitable climbed 11% to a record $4.8 billion for the first half of 2022

While Bill Gates may best be known as the co-founder of Microsoft Corporation (NASDAQ: MSFT), he has been gaining prominence through the years for his philanthropy, opening the doors to the Bill & Melinda Gates Foundation in 2000.

The Howard Hughes Medical Institute, one of the nation’s wealthiest philanthropies, announced a $1.5 billion effort designed to help scientists of color advance in their careers

The Supreme Court’s overturning of Roe v. Wade has ushered in a new era of funding on both sides of the abortion debate

“Many of the major funders ... are checking out. And they’re in Florida. When they leave, their charitable dollars leave,” said a source close to the world of philanthropic and charitable giving in Chicago and Illinois.

Andrew Carnegie was the richest man in the world. But he didn't want to claim the title for long.

Charitable giving in the United States reached a record $485 billion in 2021, though the increase did not keep pace with inflation

Following a string of union victories at Amazon and Starbucks, a group of prominent progressive grantmakers is seeking to put a total of $20 million into a coalition with organized labor that will steer funds to organizing and advocacy campaigns in the South

The advocacy group Global Citizen and the finance firm NPX are engineering a new campaign that targets Forbes 400 billionaires, Giving Pledge members, and the wealthy generally — a group increasingly criticized for what is seen as tight purse strings

A New York-based philanthropy is publicly apologizing for its role in the infamous Tuskegee syphilis study