Wealthy Donors

Jeff Bezos and His Company Foundation Give Millions to Charity Ahead of Space Launch
July 19, 2021 at 12:01 pm

Jeff Bezos will donate $200 million to the Smithsonian—its largest donation since James Smithson’s founding gift in 1846. Meanwhile, a Bezos company foundation awarded $1 million grants to 19 nonprofits. All gifts were announced July 14–just six days ahead of Bezos’ trip to space aboard the New Shepard, which is scheduled to take its first trip with a crew that will include Bezos and three others on board tomorrow morning...

ESPN names Atlanta Falcons Owner As 2021 Sports Philanthropist of the Year
July 16, 2021 at 11:14 am

ESPN named Arthur M. Blank, the owner of the NFL's Atlanta Falcons and MLS' Atlanta United, as 2021 Sports Philanthropist of the Year at the seventh annual Sports Humanitarian Awards in New York City Monday night. The award celebrates those in the sports world who have a positive impact in their communities and throughout the world.

Are the Rich Motivated to Give Differently?
August 29, 2018 at 12:19 pm

Probably not as much as you might think. But… a little bit. This article covers how major donor prospects are fundamentally the same as other prospects. After all, first and foremost, they’re people. And people want to feel good...

Wealthy Donors (and the 'Ick' Factor)
August 6, 2018 at 12:36 pm

As you know, capital campaigns rely on very big gifts for their success. In most campaigns, 10 big gifts account for more than 50 percent of the campaign goal. So to have a successful capital campaign, you’ve got to be able get some very big gifts from a few wealthy donors...

A Peek Into Goldman's Black Box Charity Reveals Tech Billionaires
March 14, 2018 at 12:33 pm

Three of America’s most discreet billionaire philanthropists have emerged as the biggest donors to the Goldman Sachs Philanthropy Fund after the IRS accidentally revealed their identities. A filing shows that former Microsoft Corp. CEO Steve Ballmer poured $1.9 billion into the fund. Trusts linked to Laurene Powell Jobs, the widow of Steve Jobs with significant stakes…

Oprah, Spielberg, Katzenberg Match Clooneys' $500K Donation to Parkland Gun Control March
February 23, 2018 at 10:01 am

Oprah is "joining forces" with George and Amal Clooney. So are Steven Spielberg and Jeffrey Katzenberg. After the Hollywood power couple announced Tuesday they will be marching and donating in support of student survivors of the Parkland, Fla. shooting rampage, Oprah, Spielberg and Katzenberg said they would match their contribution. In a statement from George Clooney provided to USA…

Bill, Melinda Gates Rethink US Philanthropy
February 14, 2018 at 12:58 pm

Bill and Melinda Gates, as the world’s top philanthropists, are rethinking their work in America as they confront what they consider their unsatisfactory track record on schools, the country’s growing inequity and a president they disagree with more than any other. In an interview with the Associated Press, the couple said they’re concerned about President…

Investor Bill Miller Commits $75M to Johns Hopkins Philosophy Department
January 23, 2018 at 12:37 pm

Legendary investor William H. "Bill" Miller III has committed a record $75 million to the Johns Hopkins University Department of Philosophy to broaden and intensify faculty research, graduate student support and undergraduate study of philosophical thought. The gift is believed to be by far the largest ever to a university philosophy program. It is also…

Jeff Bezos Donates $33M to Scholarship Fund for ‘Dreamers’
January 18, 2018 at 1:16 pm

Jeffrey P. Bezos, founder of Amazon and owner of The Washington Post, announced that he is donating $33 million to a scholarship fund for young “dreamers,” immigrants brought to the U.S. illegally as children. The donation from the world’s wealthiest person comes amid fresh pressure from business leaders as talks on Capitol Hill over how…

Why the Rich are Greedy, Part 2
January 10, 2018 at 12:51 pm

A recent blog we wrote titled, “Why the Rich are Greedy (and What to Do About It),” garnered some interesting responses from readers. The blog cites research documenting that wealthy people give a smaller percentage of their discretionary income to charity when compared with less well-off individuals. It also mentions the body of psychological research that suggests that affluence tends to make people less sensitive to the needs of others and why…