Wealthy Donors

China Businesswoman Receives Carnegie Philanthropy Medal in New York
October 5, 2017 at 12:28 pm

Mei Hing Chak—also known as Zhai Meiqing—was feted with a Carnegie Medal of Philanthropy in New York this week for exceptional giving and creating a world of positive change. Chak and her husband Liu Zhiqiang ranked No. 205 on the Forbes China Rich List in 2016 with a combined fortune worth $1.4 billion. “The value…

It's Time to Listen to Your Donors
October 2, 2017 at 12:13 pm

I was reminded about this important topic when I had a chance meeting with the wife of a friend who, when we met, launched into a five-minute tirade on how she and her husband are mistreated by the major gift officers from their favorite charities...

Hofstra, Northwell Health Name Med School in Honor of Donald, Barbara Zucker
September 5, 2017 at 11:23 am

Hofstra University and Northwell Health announced the naming of the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell in recognition of the couple’s long-time support. Their recent gifts, totaling $61 million, will support the next generation of health care professionals in medicine, research and nursing, and includes: $50 million to create a permanent endowment…

Dells Launch $100M Rebuild Texas Campaign in Response to Harvey
September 1, 2017 at 11:26 am

Michael and Susan Dell announced Friday that their foundation is launching a Rebuild Texas Fund with a goal of raising $100 million for the long-term recovery of communities affected by Hurricane Harvey. Appearing on “Good Morning America” along with Gov. Greg Abbott, the Dells announced an immediate gift of $18 million, with a goal of…

Jeff Bezos Thanks for Philanthropy Suggestions, Promises ‘More to Come’
August 29, 2017 at 10:44 am

Two months after he asked the Twitterverse to suggest short-term options for future philanthropy, Amazon CEO Jeff Bezos passed along his appreciation for the tens of thousands of responses that were sent in. “I’m really glad I asked—the responses have been very helpful and have already [changed] my thinking about how to approach this,” said…

How to Approach the Wealthiest People for a Gift the Right Way
August 28, 2017 at 11:12 am

Once you get over your misconceptions that rich people are so different and that they won’t want to talk with you, you’ll find that if you share common interests, you can bridge the wealth gap and build a relationship that may well lead to a gift...

How Jerry Lewis Raised $2.6B for Charity With His Famous Muscular Dystrophy Telethons
August 21, 2017 at 10:37 am

Aside from starring in some of the classic comedy films of the past half century, Jerry Lewis will be remembered for his humanitarian work, especially the annual telethon he hosted for 45 years that raised money and awareness for muscular dystrophy. The telethon for the Muscular Dystrophy Association, for which the comedian served as national chairman…

Facebook COO Donates Another $100M to Charity
August 18, 2017 at 11:03 am

Facebook chief operating officer Sheryl Sandberg just made her second $100 million charitable donation in less than a year. At the end of July, Sandberg donated 590,000 Facebook shares worth nearly $100 million to the Sheryl Sandberg & David Goldberg Family Fund, a philanthropic fund at Fidelity Charitable, according to a regulatory filing released on Thursday. This donation follows a similar…

Taylor Swift Makes 'Generous' Donation to Charity for Sexual Assault Victims
August 17, 2017 at 10:07 am

After Grammy-winning singer Taylor Swift said she would be donating to charities that aid the survivors of sexual assault, she made good on that promise Wednesday by giving an undisclosed but "generous" amount to the Joyful Heart Foundation, the organization confirmed to E! News. "Joyful Heart is honored to be recognized by Taylor Swift for…

Bill Gates Reduces Microsoft Stake with $4.6B Donation
August 15, 2017 at 10:36 am

Bill Gates has given away $4.6 billion to charity in his largest donation since 2000. He remains the world's richest person, despite giving away 64 million shares in Microsoft.The shares are equivalent to 5 percent of his total fortune, currently estimated to be $89.9 billion. Since 1994,  Gates and his wife Melinda have given away a…