#philanthropy

#philanthropy

ST. PETERSBURG, Florida (October 23, 2025) - The Poynter Institute, a global leader in journalism, and Press Forward Central Appalachia are pleased to announce the launch of a peer-focused course for funders of local news in six states in the Central Appalachia region. The effort will bring funders of local news organizations together to share lessons and best practices to accelerate their work and deepen their impact on local news and their communities.

Nearly two million Black families in the US South have zero or negative net worth. More than half of the nation's Black population ( about 56 percent) lives in the South, including those nearly two million families with no monetary wealth. To compound the issue, this summer saw Black women nationally lose 300,000 jobs even as the US economy continues to grow.

"Fantasy Gifts are where creativity meets luxury, and they capture the essence of what makes the holidays so special at Neiman Marcus," said Emily Essner, President & Chief Commercial Officer of Saks Global. "Each year, Fantasy Gifts allow us to dream bigger with our talented brand partners, surprise our customers in extraordinary ways, and bring a little magic to the season."

For example, she launched her own venture, with $12.5 billion to put toward advancing causes she cares about, specifically those related to women and families. She has even gotten involved in politics, endorsing a candidate for the first time ever. French Gates isn't new to leading an organization, or to leading people. She has spent the past few decades leaving her imprint on what is arguably the most influential charitable organization in the world.

"Before, work was everything," Rhimes, 55, tells Bustle over Zoom. "I [now] feel like I'm much more of a three-dimensional, rounded person. I have a work life, I have a personal life, I have a social life. I get to spend all the time I want being a mom. It's about finding a life that's more in balance."

"It saddens me immensely to say that with your recent comments, and failure to understand their impact, I now barely recognize the person I have so long admired," Conway, a top Democratic donor, wrote to Benioff in the email. Conway was so disturbed by Benioff's comments that he contacted his longtime friend about them and they discussed the matter over the past few days, according to the email.

"We at Tether believe that Bitcoin, and the free, open-source software that powers it, are indispensable to a freer and decentralized future,"

At a time when public health is under attack by misinformation and funding cuts, my family and I asked ourselves how we could be part of the solution-and how we could help create the change we wish to see in the world,

The episode starts with a quick recap of BTS Movie Weeks, where our hosts were among the fortunate fans who got to experience The Most Beautiful Moment in Life On Stage: Epilogue on the big screen. They reconnect with their ARMY roots and reflect on how impactful this era was for the group, revisiting some of their most impressive and emotional live moments as they occurred in real time throughout the concert film.

The Stanford football program has received a $50 million gift from a former player, a significant donation as Stanford attempts to revive the fortunes of the football program under new general manager Andrew Luck. It's the biggest individual gift in Stanford football history. The size is an unusually large one for an individual program anywhere, as gifts this large are typically tied to buildings or facilities.

PALO ALTO A home in a prestigious Palo Alto neighborhood has been bought for $40 million in cash, according to documents filed on Oct. 6 with the Santa Clara County Recorder's Office. Michael Rantz and Paula Rantz sold the residence at 330 Santa Rita Ave. in the Old Palo Alto district to Golden Coast Holdings Trust, whose trustee was listed as Douglas Christen, documents show. The 4,400-square-foot house has six bedrooms and four baths. It occupies a lot that totals about 0.2 acres.

Tate's plan to secure its future by building an endowment fund worth £150m by 2030 has sparked debate in the UK museum sector about whether such a funding model could sustain national and regional institutions long-term. Endowments are less widespread in the UK than in the US, where the top 45 museums hold such funds worth more than $40bn in aggregate, according to UpStart Co-Lab figures.

SAN FRANCISCO (KGO) -- Beloved House of Prime Rib owner and San Francisco icon Joe Betz has passed away at the age of 86. Born in 1939 in Germany, Betz arrived in the United States at 20 years old and bought his first restaurant in San Francisco eight years later in 1968. That restaurant was Hoffman's Grill, which was later designated a San Francisco landmark in 1981, before closing a few years later. Betz bought House of Prime Rib from its original owner, Lou Balaski, in 1985.

Bill Gates is urging Congress to renew America's commitment to foreign aid, warning that funding cuts risk reversing decades of progress in global health. The Microsoft co-founder noted U.S. spending has halved childhood deaths worldwide over the past 25 years, and pledged nearly all his wealth to the Gates Foundation to continue that mission. While DOGE-led cuts have been controversial, Gates remains optimistic that even modest U.S. contributions can save millions more lives.

Though born into wealth, which she used in part to establish an unparalleled private art collection, Gund gave and gave and gave some more, promising many works to institutions, where they might be enjoyed by all, and selling others to raise money for political and social initiatives. By the time of her death, noted the New York Times, the first publication to report her passing, the cupboard was bare.

A prominent Orange County philanthropist and well-connected jeweler is now accused of bilking wealthy investors out of millions of dollars and then fleeing the country, according to a series of civil lawsuits filed over the past few months in both state and federal court. Moti Ferder, the co-founder and until recently CEO of Newport Beach-based Lugano Diamonds, is alleged to have defrauded more than 40 creditors out of hundreds of millions of dollars, according to more than a half-dozen lawsuits filed by multiple investors.

"Our 'why' is simple: to level the playing field in West Virginia and Appalachia," the Smiths said in a statement. "We hope this gift ensures that every student with the dream of an advanced degree has the opportunity and support to achieve it-while also showing what's possible for the future of higher education in our region and beyond."

When I was at the Wharton School, quantitative finance was in its infancy. Now, it is an essential discipline in this data-driven world,

You can't fake experience.

There are 1,135 billionaires living in the U.S., sitting on a collective nest egg of $5.7 trillion-but a select three uber-wealthy entrepreneurs make up nearly a fifth of the honeypot. Together, Elon Musk, Jeff Bezos, and Mark Zuckerberg account for nearly $1 trillion, amassing their fortunes through successful tech ventures. But few of these upper-class individuals are giving back through philanthropy-about a quarter of The Giving Pledge signers have known donations of less than $1 million in the last 10 years. Many are funneling billions through their own foundations in a "stealth giving" manner.

"It's never been about me," said Eggleton, adding that participating in the "Nevertheless: The Women Changing the World" documentary series on YouTube was her way of honoring her late mother, Geraldine, who inspired her to speak out and help others in her community.

Henrik Fisker, the founder of failed EV startup Fisker Inc., and his wife Geeta quietly wound down a private charitable foundation established in late 2021 that was supposed to "incubate innovation in healthcare, education, sustainability, mobility, and all causes that help support the planet and improve and further the lives of people and animals." A tax filing submitted to the Internal Revenue Service in December 2024 - six months after Fisker Inc. went bankrupt - was marked as the foundation's "final return."

George Soros exemplifies the profound impact that strategic global investing can have beyond pure financial returns. Having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, Soros represents 64% of his original fortune dedicated to global causes . His investment philosophy combines rigorous market analysis with a commitment to supporting democratic institutions and human rights worldwide.

Two cultural powerhouses are joining forces in a way that is set to redefine beauty campaigns. Legendary hair care brand Paul Mitchell has officially announced Paris Hilton-entrepreneur, global icon, and philanthropist-as its new Global Ambassador. The collaboration kicks off with a year-long, multi-channel campaign designed to celebrate beauty, confidence, and fearless reinvention. From glossy packaging updates to fresh product innovations, this campaign merges the legacy of Paul Mitchell with Paris Hilton's signature glamor.

When fame left him feeling empty, singer-songwriter Mike Posner set out to look for happiness. His plan: walk across America. What he didn't plan for: a venomous snake. About Mike Posner Mike Posner is a singer-songwriter with five studio albums. His pop single "I Took A Pill In Ibiza" was nominated for Song of the Year at the 2017 Grammys. In addition to his own music, Posner has written hits for some of the world's biggest artists, including Maroon 5 and Justin Bieber.

"This gift is an unprecedented investment in the millions of lives burdened with cancer, especially patients and families here in Oregon," said OHSU president Shereef Elnahal.