Latest Philanthropy News

Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover

Jul. 18, 2024 10:47 AM EDT

NEW YORK (AP) — Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its pending $35 billion merger with Discover Financial. The plan is designed to appease federal bank regulators, who have been initially skeptical of approving the...

Philippine politician who praised natural gas takes heat for business dealings after AP reporting

Jul. 18, 2024 03:02 AM EDT

An influential Philippine governor is the subject of controversy following an Associated Press investigation into his links to the expanding natural gas industry in his province. Articles in two leading newspapers called the connections unethical and said any wrongdoing must be...

Beloved priest Abbe Pierre was the conscience of France. Several women now accuse him of assault

Jul. 17, 2024 17:26 PM EDT

VATICAN CITY (AP) — A legendary French priest and a lifelong advocate of the homeless has been accused of committing acts that would amount to “sexual assault or sexual harassment,” his foundation said Wednesday, in the latest instance of a Catholic spiritual leader facing allegations of...

Another Texas migrant aid group asks a judge to push back on investigation by Republican AG

Jul. 17, 2024 17:09 PM EDT

EDINBURG, Texas (AP) — A prominent aid group along the U.S.-Mexico border asked a Texas judge on Wednesday to push back on a widening Republican-led investigation into nonprofits that help migrants, weeks after a separate court rejected efforts by the state to shutter an El Paso shelter. ...

Can a lottery winner run an effective foundation? Meet Roy Cockrum

Jul. 17, 2024 09:09 AM EDT

In the early 1980s, soon after graduating from college, Roy Cockrum was trying to make it as an actor in New York. He was hanging on by his fingernails, getting paid $40 a show for two supporting roles in the off-Broadway comedy “Vampire Lesbians of Sodom.” To cover his rent,...

Soros' Open Society Foundations say their restructuring is complete and pledge $400M for green jobs

Jul. 16, 2024 09:06 AM EDT

NEW YORK (AP) — Open Society Foundations, the philanthropic organizations that billionaire investor George Soros has built up since the 1970s, revealed its first new major commitment on Tuesday after a years-long internal reorganization, pledging $400 million over eight years to support green...

An Australian computer scientist who claimed to invent bitcoin referred to prosecutors for perjury

Jul. 16, 2024 08:33 AM EDT

LONDON (AP) — An Australian computer scientist found to have falsely claimed to be the mysterious creator of the bitcoin cryptocurrency will be referred to British prosecutors for “wholescale perjury and forgery of documents,” a London judge said Tuesday. Judge James Mellor,...

Houston community groups strain to keep feeding and cooling a city battered by repeat storms

Jul. 13, 2024 01:13 AM EDT

HOUSTON (AP) — The deafening hum of a generator was a welcome noise Thursday evening at a Houston independent living center where several dozen seniors had lost power in the wake of Hurricane Beryl. Joe and Terri Hackl, who had pulled up with the backup electricity source after...

Knights of Columbus will cover up mosaics by ex-Jesuit artist accused of abusing women

Jul. 11, 2024 20:49 PM EDT

ROME (AP) — The Knights of Columbus, an influential Catholic charitable organization, announced Thursday that it will cover up its mosaics made by a famous ex-Jesuit artist accused of abusing women in a sign of solidarity with victims of abuse. The world's largest Roman Catholic...

Group sues federal government, claims it ignores harms of idle offshore oil and gas infrastructure

Jul. 11, 2024 13:54 PM EDT

NEW ORLEANS (AP) — An environmental group is suing the federal government to force the U.S. Department of Interior to reassess the long-term environmental effects of delays in shutting down inactive oil and gas infrastructure in the Gulf of Mexico. The lawsuit, filed in federal...