Gates’ largest annual budget ever stands at $8.6 billion, but that’s just a starting point for what it might have to spend if it’s going to sunset. With so much room to maneuver, why not look into a broader range of U.S. causes?
Read MoreSurging billionaire wealth again forms the backdrop to Forbes’ updated philanthropy scores for 2023. The question remains: Will the super-rich ever get around to giving at the scale they claim they’re aiming for?
Read MoreThe “philanthropic LLC” — not a legal category, by the way — has swiftly gained popularity among billionaire donors who want to keep their options open. Levels of transparency vary widely. Here’s a rundown.
Read MoreIn its first full year of grantmaking, nonprofits under the umbrella of Breakthrough Energy gave more than $94 million, putting it within the top 20 green grantmakers. Here’s what we know about where the money’s going.
Read MoreOpinions on the “big bets” school of philanthropy vary, but guest contributor James Chen is all in. In this piece, he argues that wealthy donors should go big on high-risk, early-stage ideas.
Read MoreThe largest foundation in the U.S. will soon spend $9 billion a year. But a look at the numbers suggests that’s still far from enough to fulfill its pledge to spend down, if that’s actually the plan.
Read MoreBill Gates says he wants to spend down in 25 years, but that’s hard to square with the foundation he’s built — a technocratic global health juggernaut that, in an earlier era, would almost certainly have been intended for perpetuity.
Read MoreA flagging stock market has probably been the biggest contributor to billionaires’ modestly improved giving ratios this year. But while the super-rich still don’t give away much, there’s also a growing list of interesting exceptions.
Read MoreThe passage of the Inflation Reduction Act was a massive effort involving players from all sectors. Philanthropy, too, had a supporting role. Here are key areas where funders contributed, from movement-building to policy work.
Read MoreUpon his passing, Warren Buffett’s estate is set to fuel over $100 billion in giving within a decade. Beyond that, there is little certainty and growing speculation about how it will play out. Here are some of the big unknowns.
Read MoreBill Gates’ ultra-gift of $20 billion to the Bill & Melinda Gates Foundation reaffirms his place as a titan of modern philanthropy. It also signals more of the same to come from the foundation — for better or worse.
Read MoreBill Gates has raised more than $3.5 billion in financing and philanthropy for his climate technology and policy shop. Find out who is supporting Breakthrough Energy, what it’s backing, and what we still don’t know.
Read MoreWhen the annals of today’s new Gilded Age philanthropy are written, where will Elon Musk stand relative to Bill Gates, MacKenzie Scott and the rest? And whose more expansive definition of philanthropy will win out?
Read MoreBillionaire tech donors like chasing “breakthroughs,” especially when it comes to their climate giving. What does this oft-repeated nomenclature say about their mindset—and what’s missing from their philanthropy?
Read MoreA Gates Foundation program is funding the development of local laboratory sites throughout the Global South to improve our understanding and response to new COVID variants and other epidemic threats.
Read MoreIt’s finally happened. The Gates Foundation has four new trustees, three of whom are newcomers. Here’s a bit about each of them, and what this new arrangement may tell us about the world’s largest foundation.
Read MoreWe recently published an in-depth paper on the philanthropy of mega-donors hailing from the tech industry, as part of IP’s State of American Philanthropy project. Author Mike Scutari walks through some of our key takeaways.
Read MoreSurging fortunes and outrageous behavior are stoking a debate about whether there’s such a thing as a “good billionaire.” Philanthropy often gets caught in the crossfire, signaling a real problem in how the sector is perceived.
Read MoreAdding to a summer of turmoil at the Gates Foundation, the grantmaker announced Melinda may leave in two years if she or Bill find they cannot work together. The foundation also plans to add new trustees, a big governance shift.
Read MoreAlongside Bill Gates and Melinda French Gates, Warren Buffett has long been one of only three trustees governing the Gates Foundation. Here’s why he may be stepping down, and what that might mean for the $54 billion institution.
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