Virgin Galactic giving away two free seats on 2022 spaceflight
In addition to the seats, winners will be given an all-expenses paid trip to New Mexico and a tour of Spaceport America by Virgin Galactic founder Richard Branson.
Yale's drama school now tuition free thanks to $150 million gift from David Geffen
Entertainment tycoon David Geffen gave a $150 million gift to Yale University’s drama school that will eliminate tuition for all degree and certificate programs.
Make-a-Wish to grant fully vaccinated children wishes involving air travel, large gatherings in September
Make-A-Wish America president and CEO Richard Davis announced that the foundation will resume granting wishes involving large gatherings and air travel within the United States and federal territories for fully vaccinated children and their families beginning September 15.
Habitat for Humanity struggles with high construction costs
Reeling from massive cutbacks in volunteers during the COVID-19 pandemic, and grappling with high construction costs, Habitat for Humanity leaders would be the first to admit they’re struggling.
Warren Buffett details tax savings on massive charitable contributions
Billionaire investor Warren Buffett announced on Wednesday that he was halfway to his goal of distributing more than 99% of his net worth to charity, and he also detailed the tax savings he received along the way.
Bill Gates applauds Warren Buffett on Gates Foundation move
After Warren Buffett announced he was stepping down from the Gates Foundation, Bill Gates praised Buffett on Twitter.
MacKenzie Scott gives away $2.7B: Here's where the money went
Mackenzie Scott, the ex-wife of Amazon founder Jeff Bezos, pledged this week to give $2.7 billion to hundreds of organizations that have been “underfunded and overlooked.”
US charitable giving hit record $471B in 2020
Galvanized by the racial justice protests and the coronavirus pandemic, charitable giving in the United States reached a record $471 billion in 2020, according to a report released Tuesday that offers a comprehensive look at American philanthropy.
Bill Gates and Melinda French Gates explore changes to foundation
Bill Gates and Melinda French Gates are discussing changes to the structure of their foundation to add more governance and independence as the philanthropists’ planned divorce calls into question the direction of one of the world’s largest charities.
Kamala Harris and her husband donated just 1.6% of their income to charity in 2020
Vice President Kamala Harris and the Second Gentleman Doug Emhoff reported earning millions of dollars in 2020, but donated a small fraction to charity, according to tax documents released by the White House on Monday.
Everything you need to know about the Bill and Melinda Gates Foundation
Despite their surprise divorce announcement on Monday, Bill and Melinda Gates say they will continue to work together on their charitable foundation — which has spent nearly $2 billion alone on the fight against coronavirus.
Pandemic good Samaritan faces hefty tax bill for his efforts
A Connecticut middle school teacher who raised $41,000 to help hundreds of his struggling neighbors during the COVID-19 pandemic got an unwelcome surprise for his charitable efforts: a form stating he could owe $16,031 in income taxes.
Billionaires John & Laura Arnold to give 5% of wealth yearly
Billionaire philanthropists John and Laura Arnold have committed to donate 5% of their wealth annually as part of an effort to encourage increased, timelier donations to charities.
Facebook users have surpassed $5B in charitable donations through its fundraisers, company says
Facebook announced that worldwide charitable giving on its namesake platform and Instagram has surpassed $5 billion from more than 85 million people.
NBA star Russell Westbrook scoring big with own philanthropy
Russell Westbrook is known for his magic on the basketball court, his finely honed fashion sense and his media interviews that have spawned memes and GIFs across social media.
Pandemic puts 1 in 3 nonprofits in financial jeopardy
More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy.
LA diner joins forces with Skid Row community to help feed homeless and health care workers amid COVID pandemic
A Los Angeles diner based on Skid Row has been donating meals to those in need as part of its plan to survive the COVID-19 pandemic and help its surrounding community at the same time.
Nonprofit foundations turn to debt during pandemic to meet rising need
Nine grant makers that have issued a total of $3 billion in debt since June to cover increases in their grant making
Newman's Own Foundation, other major organizations donate millions to rebuild Hole in the Wall Gang Camp after devastating fire
Longtime charity partners of Paul Newman's Hole in the Wall Gang Camp have committed millions of dollars to help the camp rebuild after a devastating fire burned down a number of buildings at the Ashford, Conn., site.
Tax season tips: Don’t forget this above-the-line deduction
The CARES Act provided for a temporary above-the-line deduction of up to $300 for people who made cash donations to charity in 2020 and also plan to claim the standard deduction.



















