Phil Knight plans to give most of his fortune to charity | OregonLive.com

Phil Knight plans to give most of his fortune to charity | OregonLive.com: "Nike founder Phil Knight is worth an estimated $25 billion, and plans to give most of it away to charity, he told CBS in an interview to be aired Sunday, April 24."



'via Blog this'

Jack Dorsey Pledges Fifth of Tech Firm Square to Charity - The Chronicle of Philanthropy

Jack Dorsey Pledges Fifth of Tech Firm Square to Charity - The Chronicle of Philanthropy: "Tech mogul Jack Dorsey has launched a foundation to aid needy communities around the world and will give it a nearly one-fifth stake in mobile-payments company Square, Quartz and the St. Louis Post-Dispatch report. Mr. Dorsey, Square's chief executive officer and biggest shareholder, revealed the donation in the firm's filing Wednesday for an initial public offering valued at $275 million."



'via Blog this'

N.Y. Philharmonic Gets $25 Million Gift From Board Chair - The Chronicle of Philanthropy

N.Y. Philharmonic Gets $25 Million Gift From Board Chair - The Chronicle of Philanthropy: "The New York Philharmonic received a $25 million donation Thursday from its board chairman, the financier Oscar S. Schafer, and his wife, Didi, reports The New York Times. The announcement of the gift coincided with the orchestra's first performance in David Geffen Hall, as the venue was officially renamed in a pre-concert ceremony."



'via Blog this'

International Million Dollar Donors Report Examines Giving in Seven Regions

International Million Dollar Donors Report Examines Giving in Seven Regions: "International Million Dollar Donors Report Examines Giving in Seven Regions"



'via Blog this'

As Wealthy Give Smaller Share of Income to Charity, Middle Class Digs Deeper - How America Gives - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

As Wealthy Give Smaller Share of Income to Charity, Middle Class Digs Deeper - How America Gives - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "As the recession lifted, poor and middle class Americans dug deeper into their wallets to give to charity, even though they were earning less. At the same time, according to a new Chronicle analysis of tax data, wealthy Americans earned more, but the portion of the income they gave to charity declined.

Using the IRS data, The Chronicle was able to track gifts to charity at the state, county, metropolitan-area, and ZIP code levels. "



'via Blog this'

Give Millions While You’re Young: a Plea to the Wealthy - Opinion - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Give Millions While You’re Young: a Plea to the Wealthy - Opinion - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Wealthy people often wait until middle age or even retirement to begin thinking in earnest about giving. Of course, this is sometimes necessary—it often takes time to earn wealth before one can consider investing it in worthy causes. But age should not be the determining factor, and philanthropy, no matter when one starts, will yield successes and failures that offer lessons for one’s future giving. Effective philanthropy is not an easy undertaking, and postponing one’s engagement can mean postponing effective giving.

Inspired by Webcomic, Elon Musk to Give $1M to Tesla Museum - NPQ - Nonprofit Quarterly

Inspired by Webcomic, Elon Musk to Give $1M to Tesla Museum - NPQ - Nonprofit Quarterly: Combining a mutual love of science, innovation, and early twentieth-century inventor Nikola Tesla, technology magnate and billionaire Elon Musk has responded to an appeal from web artist Matthew Inman and agreed to donate a million dollars toward the creation of a museum honoring the early twentieth-century inventor.

Retired Steelcase chairman, philanthropist Peter Wege dies at 94 | MLive.com

Retired Steelcase chairman, philanthropist Peter Wege dies at 94 | MLive.com: GRAND RAPIDS, MI — Peter Melvin Wege loved giving away his money.

And give it away he did — millions of dollars in grants large and small — a fortune he had amassed as the former chairman and largest stockholder of Steelcase, Inc., the office furniture company his father founded.

To give or not to give: Here are the stingiest tech gazillionaires | ZDNet

To give or not to give: Here are the stingiest tech gazillionaires | ZDNet: Inside Philanthropy has a fascinating list of the top philanthropists in the tech industry. (You’ll be surprised at who is at the top: Leonard Bosack and Sandy Lerner, the original founders of Cisco Systems).

It also includes the six least generous (a generous way to say, “the tightest and least charitable”) tech billionaires.

Colleges’ characteristics linked to big gifts � Philanthropy North Carolina

Colleges’ characteristics linked to big gifts � Philanthropy North Carolina: Leaders’ tenure, board giving, national ranking are associated with the number and value of million-dollar gifts to colleges and universities, a new study says.

Other key factors include a school’s age, its investment in employees, endowment size, enrollment, alumni giving, and the type and location of the institution, says the study the Lilly Family School of Philanthropy at Indiana University and Johnson Grossnickle and Associates, a consulting firm to nonprofits.

US pips Europe and Asia as leader in philanthropy | Campden FB

US pips Europe and Asia as leader in philanthropy | Campden FB: US pips Europe and Asia as leader in philanthropy
Article | 11 February, 2014 01:15 PM | By Jessica Tasman-Jones, Tess De La Mare

Despite fewer tax incentives and more social services, European and Asian high net worth individuals are almost on par with their US counterparts when it comes to philanthropy, according to new research.

Gifts Surge From the Wealthiest U. S. Donors - Philanthropy 50 - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Gifts Surge From the Wealthiest U. S. Donors - Philanthropy 50 - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The Chronicle’s ranking of the 50 donors who give the most to charitable causes shows that the wealthy contributed $7.7-billion last year. That’s 4 percent more than in 2012.

Israel Awards Bloomberg $1 Million 'Jewish Nobel' - ABC News

Israel Awards Bloomberg $1 Million 'Jewish Nobel' - ABC News: Israel on Monday recognized New York Mayor Michael Bloomberg as the first ever recipient of the $1 million Genesis Prize, an award popularly dubbed the "Jewish Nobel Prize."

The Genesis Prize Foundation said Bloomberg was honored as the first winner for his long record of public service and philanthropy.

What Could You Do with a $50 Million Gift? Harvard Got 16 This Year - NPQ - Nonprofit Quarterly

What Could You Do with a $50 Million Gift? Harvard Got 16 This Year - NPQ - Nonprofit Quarterly: In what appears to be an institutional version of the wealth gap, Harvard University has already raked in sixteen gifts of $50 million or more.

Let’s just reflect on that for a moment or two.

First Jewish Oligarch Signs Gates Giving Pledge

First Jewish Oligarch Signs Gates Giving Pledge: The Ukraine’s Victor Pinchuk has become the first Jewish billionaire from the countries of the Former Soviet Union to sign The Giving Pledge, a formal commitment by the world’s wealthiest individuals and families to dedicate the majority of their wealth to philanthropy. Forbes’ Ukrainian edition places Pinchuk’s wealth at $3.7 billion, making him Ukraine’s second-richest man.

Zuckerberg, Zuckerman Nine-Figure Gifts Boost Charity - Bloomberg

Zuckerberg, Zuckerman Nine-Figure Gifts Boost Charity - Bloomberg: “What we’re seeing is a J-curve recovery,” said Patrick Rooney, associate dean for academic affairs and research at the Indiana University School of Philanthropy. “It’s nice that we’re having a recovery, but we’re not getting the kind of robust recovery that we would prefer.”

Rob Mitchell, co-founder and chief executive officer of the Dallas-based Atlas of Giving, sees total charitable giving rising to about $375.1 billion in 2013 up from $369.2 billion last year. Donations this past December rose to $31.4 billion from $29.5 billion the same month a year ago. The Atlas projects another giving increase this month to $31.4 billion from $29.9 billion in January 2012.

Million-Dollar Donations Are on the Decline in 2012 - The Giveaway - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Million-Dollar Donations Are on the Decline in 2012 - The Giveaway - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: America’s wealthy are in a less generous mood so far this year.

The number of donations of $1-million or more has dropped 8 percent since the beginning of 2012 compared with the same period last year, according to a Chronicle tally.

BC High gets record $12 million from alumnus - Brockton, MA - The Enterprise

BC High gets record $12 million from alumnus - Brockton, MA - The Enterprise: BOSTON —

Boston College High School is getting the sort of gift that schools dream of – $12 million from Class of 1952 alumnus Patrick Cadigan.

It’s the largest single donation in the Roman Catholic college-prep school’s history, as well as the largest ever for a New England Catholic secondary school.

Ikea’s Kamprad Is Europe’s Richest in Billionaire Index - Bloomberg

Ikea’s Kamprad Is Europe’s Richest in Billionaire Index - Bloomberg: n 2009, Kamprad went to court to change Stichting’s Ingka IKEA’s philanthropic goal to one that provides opportunities for youth in the developing world. According to Heggenes, between 2009 and 2011, the IKEA Foundation made donations worth about $235 million to support disaster relief and provide philanthropic aid in Kenya, Somalia, Haiti and China. Last year it announced the goal of reaching an annual donation level of $135 million. A separate foundation, the Kamprad Family Foundation, supports research and education, mainly in the Sm�land region of Sweden.

Staffer charity picks benefit from Issa's wealth - John Bresnahan and Jake Sherman - POLITICO.com

Staffer charity picks benefit from Issa's wealth - John Bresnahan and Jake Sherman - POLITICO.com: Here’s how it works: Staffers pitch Issa each holiday season, suggesting a charity worthy of a donation from the Issa Family Foundation. Issa then decides who gets a check, and the staffer is “recognized for their recommendation to the charity that receives the contribution,” said Frederick Hill, an Issa spokesman. The aides do not get a tax write-off or any other benefit, the office says.