Leonard Polonsky, Philanthropist Who Supported the Arts, Dies at 97
After making a fortune in financial services, he funded the arts and made historical artifacts and documents widely available to the public. Source link
Tag: Philanthropy
Read More
Prince Harry Steps Down as Patron of Charity He Founded
Prince Harry has resigned as the patron of a charity he founded in southern Africa, his office said in a statement on Wednesday. The move followed a clash between the charity’s board of trustees and its board chair. Harry and his fellow patron, Prince Seeiso of Lesotho, said they were quitting as faces of the…
Netflix’s Reed Hastings Gives $50 Million to Bowdoin for A.I. Program
The Netflix co-founder Reed Hastings wants more researchers and students to ask deep questions about artificial intelligence and its potential to upend human norms. To that end, Mr. Hastings has donated $50 million to Bowdoin College, his alma mater, to create a research initiative on “A.I. and Humanity” — the largest gift to the liberal…
Nary a Critical Word: Bill Gates’s Close Bond With Narendra Modi
In September 2019, Bill Gates presented Prime Minister Narendra Modi of India with an award on behalf of his philanthropic organization, the Gates Foundation, for the Indian leader’s work on improving sanitation. An uproar followed. Three Nobel Peace Prize laureates wrote to Mr. Gates, arguing that Mr. Modi, who was given the award on the…
As the U.S. Exits Foreign Aid, Who Will Fill the Gap?
As the reality sets in that the United States is drastically diminishing its foreign assistance to developing countries, an urgent conversation is starting among governments, philanthropists, and global health and development organizations. It is centered on one crucial question: Who will fill this gap? Last year, the United States contributed about $12 billion to global…
How GoFundMe Became a $250 Million Lifeline After the L.A. Fires
During a news conference four day after the fires began, Kathryn Barger, the chair of the Los Angeles County Board of Supervisors, said she had been forced to pay a $95 fee to the company to make a $500 donation to a friend whose home had been lost in the fire. “I was shocked,” she…
The Aga Khan IV, Wealthy Leader of the Ismaili Muslims, Dies at 88
The Aga Khan IV, who as the leader of the world’s Ismaili Muslims fused entrepreneurship and philanthropy in becoming one of the world’s wealthiest hereditary rulers, died on Tuesday in Lisbon. He was 88. His death was confirmed by his Aga Khan Development Network in a post on X, the social media site. No cause…
Bill Gates Isn’t Like Those Other Tech Billionaires
The older he gets, the more Bill Gates is surprised by what the world dishes up. Take billionaires. There are many now from the tech industry, quite a few with politics that skew forcefully right. “I always thought of Silicon Valley as being left of center,” Mr. Gates said. “The fact that now there is…
When Google Altered Its Ad Rules, Charities Paid the Price
In July 2023, Google said it would no longer restrict advertisers from using trademarks that belong to other organizations. That change quickly became a headache for nonprofits that buy Google search ads to find donors. Other outfits, they discovered, were using their trademarks in order to draw internet traffic. Samaritan’s Purse, a nonprofit that aids…
जॉर्ज सोरोस को मिला अमेरिका का सर्वोच्च सम्मान, भड़के एलन मस्क ने खोल दिया मोर्चा
Presidential Medal Freedom Award: राष्ट्रपति जो बाइडेन ने शनिवार (4 जनवरी) को जॉर्ज सोरोस को प्रेसिडेंशियल मेडल ऑफ फ्रीडम अमेरिका का सर्वोच्च नागरिक सम्मान प्रदान किया. इस पर एलन मस्क ने तीखी प्रतिक्रिया व्यक्त की और इसे एक “त्रासदी” बताया. मस्क ने दावा किया कि सोरोस “मूल रूप से मानवता से नफरत करते हैं”. एलन…