Increased tax rates next year could impact philanthropy among the wealthy.
Creating a philanthropic family legacy begins with educating your kids.
As China’s economy booms, its leaders are looking to the U.S. for guidance on both corporate and individual philanthropy.
Heavy-hitters such as billionaire businessmen Bill Gates and Warren Buffet often take center stage when talk turns to charitable giving, but a new segment of do-gooders has been grabbing headlines: celebrity philanthropists, or “celanthropists.” While actors Angelina Jolie, Brad Pitt, Sean Penn and Bono are well-known for their causes, the newest star to emerge in
Despite billionaire Warren Buffett’s philanthropic drumbeat in 2010, the year was not a good one for charitable giving. An article in The Chronicle of Philanthropy says donors and nonprofit officials blame fears of continued economic instability and uncertainty about taxes as the cause. Donations from the Chronicle’s list of the 50 top donors (actually numbering
It’s the time of year for giving thanks, so how charitable have the wealthy been this past year? Bill and Melinda Gates continue to make headlines on the philanthropic front, most recently with the announcement that they’ve pledged $500 million through their foundation to help create new banking systems for the poorest parts of the
It looks like billionaire investor Warren Buffett has started a trend in charitable donations. In an interview last month during a conference for technology and media leaders, Buffett said he hoped wealthy people would enrich society by pledging at least half their fortunes to philanthropy. He has donated 99 percent of his own fortune to
Recent data indicate the wealthy are continuing to cut back on their charitable donations.