MacKenzie Scott, the billionaire philanthropist known for her unexpected multi-billion dollar donations to charities and racial equity causes, announced Tuesday that she has given $2.7 billion to 286 organizations. It is the third round of no-strings-attached, major philanthropic gifts Scott has made, which together rival the charitable contributions made by the largest foundations.
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.
Businessman, Republican donor and onetime Wyoming governor candidate Foster Friess passed away at the age of 81.
Prince Harry and Meghan Markle, Duke and Duchess of Sussex, have announced that they are launching a partnership with Procter & Gamble via their Archewell 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.
Former Home Depot CEO Bob Nardelli reacts to the boycott campaign push over the home improvement retailers' apolitical stance on Georgia's new voting law.
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
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 announced that worldwide charitable giving on its namesake platform and Instagram has surpassed $5 billion from more than 85 million people.
The Grand Ole Opry, after going virtual last year due to the coronavirus pandemic, created a charitable campaign aimed at helping struggling musicians.
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.
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.
“Bar Rescue” host Jon Taffer discusses working with SpaceX to choose the entrepreneur who will go to space.
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.
The funds are part of a larger commitment by Walmart and the Walmart Foundation to donate $100 million through grants over five years through a Center for Racial Equity in an effort to advance racial equity.
About those wooly mittens that U.S. Sen. Bernie Sanders wore to the presidential inauguration, sparking endless quirky memes across social media? They’ve helped to raise $1.8 million in the last five days for charitable organizations in Sanders’ home state of Vermont.
Jeff Bezos' recent $10 billion gift to establish a fund to combat climate change was the largest charitable contribution made in 2020.
The Barstool Fund saved another business on the brink of failure and at the right time of year.
Beyoncé has announced that she's offering $5,000 grants to people losing their homes.
Celebrity chef Guy Fieri on Tuesday called The Barstool Fund to help struggling small businesses amid the coronavirus pandemic a “genius idea”