The Latest Breaking News from Philanthropy

Craig Newmark twists a “Batman” quote to jokingly refer to himself as “not the nerd you want, but maybe, now and then, I’m the nerd you need.”

The public’s trust in nonprofits declined from 59% in 2020 to 56% in 2022, according to Independent Sector, a coalition of nonprofits, foundations and corporate giving programs that tracks trends in philanthropy.

Country superstar Dolly Parton is among the 2022 Carnegie Medal of Philanthropy recipients

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.