Latest Philanthropy News
Marc Benioff lunch auction raises $1.5M for charity. Not bad for first year without Warren Buffett
OMAHA, Neb. (AP) — The $200,100 winning bid for a private lunch with software titan Marc Benioff might appear disappointing at first glance after years of multimillion-dollar bids for a private meal with investor Warren Buffett, but the winner also pledged to donate a total of $1.5 million to the...
James Simons, mathematician, philanthropist and hedge fund founder, has died
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, has died at age 86. The charitable foundation that Simons co-founded with his wife, Marilyn, announced that Simons...
Mixing games and education, Prince Harry and Meghan arrive in Nigeria to promote mental health
ABUJA, Nigeria (AP) — Prince Harry and his wife, Meghan, arrived in Nigeria amid pomp and dancing on Friday to champion mental health for young people affected by conflicts and to promote the Invictus Games, which the prince founded to aid the rehabilitation of wounded and sick servicemembers and...
Friends, former hostages praise Terry Anderson, AP reporter and philanthropist, at memorial service
NEW YORK (AP) — Fellow former hostages, family and coworkers celebrated the life of journalist and philanthropist Terry Anderson Wednesday, remembering a man who helped others while struggling to heal himself. The news writer became a news subject when he was taken hostage in...
The $230 billion donor-advised fund industry gets an IRS hearing
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes. Driving the debates are questions about...
Luis Miranda Jr. reflects on giving, the arts and his son Lin-Manuel in the new memoir 'Relentless'
Luis A. Miranda Jr. was just 19 years old when he arrived in New York City from a small town in Puerto Rico, a broke doctoral student badly needing a job. It was 1974 — decades before “Hamilton,” the Tony Award-winning musical created by his son Lin-Manuel, became a sensation...
Enpro: Q1 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Enpro Inc. (NPO) on Tuesday reported profit of $12.5 million in its first quarter. The Charlotte, North Carolina-based company said it had net income of 59 cents per share. Earnings, adjusted for non-recurring costs, came to $1.57 per...
Inspired by the Met, 'sleeping baddies' tackle medical debt at the Debt Gala's pajama party
NEW YORK (AP) — A plush octopus by Jellycat. A neck pillow by XpresSpa. Graphic sleeping masks by Geyoga. The accessories weren't designer. But these cozy, low-budget pieces stood out Sunday at the second Debt Gala, where some 200 pajama-clad revelers dressed for its “Sleeping...
Nonprofit Chicago production house Invisible Institute wins 2 Pulitzer Prizes
CHICAGO (AP) — A nonprofit Chicago journalism production company dedicated to holding public institutions accountable won two Pulitzer Prizes for local and audio reporting on Monday. Based on the city's South Side, the Invisible Institute and its reporter Trina Reynolds-Tyler,...
How Rita Moreno uses honors like an upcoming public television award to further her philanthropy
NEW YORK (AP) — Rita Moreno says it was always in her nature to be generous – to hold doors for people and help lighten a mother’s load if she was struggling with shopping bags and children. But Moreno, still the only Latina EGOT -- winner of Emmy, Grammy, Oscar and Tony awards...
