Wealthy Donors

$25M Gift to Boston Medical Center Will Help Launch Opioid Center
March 8, 2017 at 9:08 am

Boston Medical Center has received a $25 million gift—the largest in its history—and plans to use the money to fight what it calls the “heartbreaking” public-health crisis caused by drug addiction and the opioid epidemic. The donation to BMC, which serves more low-income patients than any other medical facility in New England, will create the…

Chance the Rapper Announces $1M Donation to Chicago Public Schools
March 7, 2017 at 10:34 am

Chance the Rapper held a press conference at Westcott Elementary School in Chicago to announce that he is donating $1 million to Chicago Public Schools. “Our kids should not be held hostage because of political positions,” he said. He later revealed that he and Common will speak on the phone to discuss further funding. The…

Samsung to Change Donation Policies Amid Bribery Scandal
February 28, 2017 at 9:15 am

In the last six months, Samsung has been no stranger to scandal. Since September, it's hurriedly dealt with the fallout from its Galaxy Note 7 recall and has been thrust into an investigation over bribery claims involving some of its top executives in recent weeks. After staying mostly silent on the South Korean monetary probe,…

Harvard University Names Rihanna Humanitarian of the Year
February 24, 2017 at 6:20 am

Rihanna is Harvard-bound—not to study, but to pick up the university's prestigious Peter J. Gomes Humanitarian Award. The Barbados-born singer will receive her award next Tuesday at the university. "Rihanna has charitably built a state-of-the-art center for oncology and nuclear medicine to diagnose and treat breast cancer at the Queen Elizabeth Hospital in Bridgetown, Barbados,"…

NBA Raises $500K for SagerStrong Foundation
February 20, 2017 at 9:11 am

With some long-range shots and a Shaq-aided slam, the SagerStrong Foundation has received a $500,000 donation. Following a tribute to Craig Sager after the three-point contest, TNT broadcaster Ernie Johnson came onto the court with champion Eric Gordon and finalists Kyrie Irving and Kemba Walker. Johnson said $10,000 would be donated to the charity for…

Planned Parenthood Receives $1M Donation From Wealthy Businesswoman
February 17, 2017 at 8:45 am

Planned Parenthood just got a windfall donation from a powerful woman. Elaine Wynn has donated $1 million to the women's health organization, Fortune has learned. “As a woman, a mother and a grandmother, I’m proud to do what I can to help protect access to reproductive health care,” the billionaire said in an emailed statement. Wynn…

Rock & Roll Hall of Fame Receives $9M Gift for Transformation Project
February 14, 2017 at 10:38 am

Undertaking the biggest transformation in its 21-year history, the Rock & Roll Hall of Fame has received a historic $9 million donation from Chris and Sara Connor to create the Connor Theater. When it opens this summer, the theater will house an epic signature experience featuring arena-quality sound, larger-than-life video screens and fan interactivity that will…

Snapchat Co-Founders Create Snap Foundation to Support Nonprofits
February 13, 2017 at 9:59 am

Nonprofit arts, education and youth programs are are about to get a cash infusion from SnapChat. SnapChat and its co-founders, Evan Spiegel and Bobby Murphy, have pledged to donate up to 13 million shares of Class A common stock over the next 15 years to 20 years to a foundation to support arts, education and…

Beckham Fights Back on Claims Criticizing His Charity Work
February 10, 2017 at 10:40 am

David Beckham has hit out at claims that he used his children’s charity work as part of a cynical campaign to win a knighthood. The former England captain has angrily denied getting involved with Unicef’s campaigns and projects only in order to build a favorable public image and present himself as a fitting candidate for…

Zuckerberg’s Nonprofit Invests $50M Into Researching Deadly Diseases
February 9, 2017 at 9:35 am

The Chan Zuckerberg Biohub, the nonprofit medical research organization launched by Facebook founder Mark Zuckerberg and his pediatrician wife, Priscilla Chan, has selected the first wave of applicants to receive funding for their research into deadly diseases. The organization announced Wednesday an initial investment of $50 million, which will support 47 researchers from the University…