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Latest Articles - The Chronicle of Philanthropy
WEB6 days ago · The Next Generation of Buffetts Is Poised to Become One of the Biggest Forces in Philanthropy. By Thalia Beaty and Josh Funk, Associated Press September 16, 2024. Warren Buffett’s fortune, now valued at $144 billion, will go to a charitable trust managed by his three children when he dies, and the …
Philanthropy 50
WEBPhilanthropy 50. By Maria Di Mento. March 5, 2024. America’s biggest donors gave more than $11.9 billion in 2023. This year’s report features our analysis of the list, giving trends among megadonors, and a look at their giving to and from their foundations and donor-advised funds in 2023. The report highlights some of the country’s most ...
St. Jude Pays a Lot to Raise Money—Drawing Critics but Also Funds
WEBFeb 19, 2012 · St. Jude Children’s Research Hospital is a fundraising powerhouse, but some observers question what it does with contributions. In November, Forbes magazine ranked St. Jude as one of 20 big charities that is “least efficient financially,” partly because of its high fundraising costs: 21 percent of the money raised by St. Jude is eaten up by salaries and other fundraising expenses, more ...
Foundation Compensation: When Are CEO Salaries Too High?
WEBBy Craig Kennedy. March 27, 2024. Mary Altaffer, AP. Rockefeller Foundation President Rajiv Shah has an especially high salary among big foundation presidents. The disclosure that Rajiv Shah, president of the Rockefeller Foundation, received $1.6 million in compensation in 2021 — the highest of any big foundation CEO in the United States ...
The Ripple Effects of MacKenzie Scott’s Philanthropy
WEBThe Ripple Effects of MacKenzie Scott’s Philanthropy. Evan Agostini, Invision, AP. MacKenzie Scott donated an eye-popping $5.7 billion in 2020. Her giving was unrestricted, with few reporting requirements. Over time, it’s become clear that the impact of her donations extends well beyond the organizations that received the gifts.
February 2022 - The Chronicle of Philanthropy
WEBBy Maria Di Mento and Ben Gose. Despite the continuing Covid threat and racial-justice problems, the nation’s wealthiest donors have largely returned to old standbys — handing out big sums to universities, medicine, and their own foundations. But there are exceptions and some interesting new faces.
The Student-Loan Forgiveness Program That More Nonprofit …
WEBOct 30, 2023 · The premise of PSLF was simple: Spend 10 years working for a qualifying employer — that is, a nonprofit or government — while paying off your student loans each month for a total of 120 repayments, and the government will forgive the rest. of nonprofit workers have a bachelor’s degree or higher — many more than the general population ...
Steven and Alexandra Cohen Are Top Donors to Veterans Causes
WEBNov 11, 2016 · Hedge-fund billionaire Steven Cohen and his wife, Alexandra, top the list of donors to veterans causes over the last decade, according to data compiled by The Chronicle, funneling $292 million to the cause in two large gifts.. Including the Cohens, only nine individuals or families have publicized gifts of at least $5 million to help or honor former or current military personnel.
Giving Cash Directly to People in Need Is a Growing Trend, as …
WEBMay 16, 2022 · Charitable efforts that give cash directly to people in need so they can do whatever they want with the money are sweeping across the United States, fueled by infusions of donations from foundations and individuals and growing evidence that the approach is more effective than traditional social-service programs.. Nonprofits that give people cash instead of offering them services was “one of ...