About a year ago, Jeff Bezos put out an open call for suggestions about how to direct his philanthropy. It seems like the founder of Amazon has finally made his decision. Very recently, Jeff Bezos, the richest man on the planet, announced via Twitter that he was creating a $2-billion philanthropic venture called the Bezos… Continue Reading
As the field of philanthropy continues to evolve at a rapid rate, some names are coming up more frequently in conversations, such as Barbara Dalio and Laurene Powell Jobs. Another donor who has been receiving a lot of attention is Kenneth Griffin, a hedge funder who has accrued $9 billion in wealth before turning 50.… Continue Reading
While most people know the American Red Cross organizes blood donations, they may not know that the organization has created a range of different programs in the United States to help people prepare for and respond quickly to natural disasters. The Red Cross also provides services for veterans. Alongside its efforts in the United States,… Continue Reading
Despite the fact that corporate charity benefits businesses in a variety of ways, from improving morale to expanding professional networks, there remains a number of misconceptions about giving as a business. For example, business owners often think that giving should only occur when profits reach a certain level, but there are other ways of helping… Continue Reading
A great deal has been written about how millennials are changing the workplace, which makes sense considering that they will constitute the largest demographic in the American workforce within the span of a couple years. However, less has been written about the impact that this generation is having on philanthropy, a concept that has been… Continue Reading
The baby boomer generation continues to grow older and has already begun to pass the philanthropic choice to later generations. Estimates show that boomers will leave behind about 1 trillion dollars each year to family members and charities. This incredible amount of money funneling into charities, combined with the recent increase in large foundations funded… Continue Reading
Choosing the right charity can be difficult, especially if no nonprofit seems to tackle a problem from the right angle or use the right strategies. Instead of settling and supporting an organization that does not exactly align with your expectations, you may want to consider creating your own charity. Establishing a charity allows people to… Continue Reading
Over time, grantmakers tend to evolve their strategies and adopt innovative approaches to giving. For some organizations, evolution means making small tweaks over time to shift focus areas or expand them. However, when faced with uncertain times, some organizations make more radical shifts that completely change their priorities and policies. Two major American organizations have… Continue Reading
Alzheimer’s disease affects more than 5 million Americans in the United States, and a new case develops about every minute. However, the condition remains rather difficult to diagnose, and testing involves incredible expense. Because of this reality, Bill Gates recently announced a new investment in Diagnostics Accelerator, a venture philanthropy fund working to improve the… Continue Reading
Many families choose to engage in philanthropy together as a way to grow closer while making a meaningful impact on the world. Family philanthropy generally offers a positive experience. In order to maximize its impact, family members should agree on causes that they all care about in order to make coherent grants. Not all family… Continue Reading