What Should We Learn from a Big Gift to a Public High School?

What Should We Learn from a Big Gift to a Public High School?

In giving $25 million to the public high school he attended, a billionaire has urged other schools to hit up their wealthy alumni for support, too. Is this a viable way to bolster support for traditional K-12 systems? 

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A Billionaire, Intent on "Dying Broke," Keeps the Big Gifts Flowing

A Billionaire, Intent on "Dying Broke," Keeps the Big Gifts Flowing

South Dakota businessman and philanthropist T. Denny Sanford, 82, has long said he aims to dispose of his fortune in his lifetime. His most recent flurry of giving suggests he is very much a man of his word.

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Controversial U.K. Billionaire’s Giving is on the Rise, Including Big Science Funding

Controversial U.K. Billionaire’s Giving is on the Rise, Including Big Science Funding

Len Blavatnik’s been making headlines, both for his philanthropy and his political connections. He continues to be a donor to watch, with an expanding suite of science research prizes and grants.

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The Fuhrmans: Meet a Couple With a Passion for Collecting—And Supporting—Art

The Fuhrmans: Meet a Couple With a Passion for Collecting—And Supporting—Art

MSD Capital Cofounder Glenn Fuhrman and his wife Amanda are major collectors of contemporary art. We tell you about their philanthropy in this space, as well as their other giving. 

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"More Impact." Why Steve Rattner and Maureen White Prioritize Public Policy Giving

"More Impact." Why Steve Rattner and Maureen White Prioritize Public Policy Giving

Wall Street veteran Steve Rattner tells us why he and his wife Maureen White believe that backing think tanks and advocacy groups delivers the most bang for the buck. 

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"It's Everyone's Game." Now This Hedge Fund Billionaire Is Giving for Soccer

"It's Everyone's Game." Now This Hedge Fund Billionaire Is Giving for Soccer

The promising niche of sports-related youth development continues to attract new funder attention. The latest convert: Ken Griffin, one of Chicago's most active mega-givers.

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An Extra Edge: A Provocative Look At Giving by Hedge Fund Managers

An Extra Edge: A Provocative Look At Giving by Hedge Fund Managers

Are charitable donations just another way for hedge fund managers to attract investors? Maybe. An intriguing study finds that struggling investors get a nice financial boost when they donate. Why is that?

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"A Moral Imperative." What's This Finance Guy Doing to Help Kids Succeed?

"A Moral Imperative." What's This Finance Guy Doing to Help Kids Succeed?

When Wall Streeters turn to philanthropy, education is often their top cause. We talk with Steve Klinsky about how he was first drawn into giving for K-12 and why he's now turning his attention to the student debt crisis. 

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When the Rich Don’t Give Enough, Is “Philanthro-Shaming” the Answer?

When the Rich Don’t Give Enough, Is “Philanthro-Shaming” the Answer?

The top 1 percent of U.S. households—who are collectively worth at least $30 trillion—only donated about $130 billion to charity in 2016. Is shame a way to get them to loosen the purse strings? 

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Holy Dow! What a Surging Stock Market Means for Big Philanthropy

Holy Dow! What a Surging Stock Market Means for Big Philanthropy

Many philanthropists are far wealthier than they were just a few ago, and that's unlikely to change much even when there is a stock market correction. Here's what this run-up in assets could mean for giving.

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Chasing Free Enterprise: An Investor Gives Steadily for Libertarian Think Tanks

Chasing Free Enterprise: An Investor Gives Steadily for Libertarian Think Tanks

Derwood S. Chase, Jr. is another donor who's following the right's playbook of investing in both national and state policy groups, and sticking with grantees over the long haul. 

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Global Financier, Sports Fanatic, Theater Lover? How One Wall Street Donor Defied Conventional Wisdom

Global Financier, Sports Fanatic, Theater Lover? How One Wall Street Donor Defied Conventional Wisdom

A New York-based private equity titan giving millions to support a new college theater? Sounds like a typo, but more Wall Street types are into the arts than you might think.  

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What's the Deal With This Real Estate Billionaire's Philanthropy?

Jeff Greene and his wife Mei Sze signed the Giving Pledge but money isn't exactly gushing out of their foundation. We explore the real estate billionaire's interests and what to expect in terms of giving. 

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NYC Focused: A Quick Look At Marc Spilker's Philanthropy

Former president of Apollo Global Management Marc Spilker and his wife Diane run a foundation with a grantmaking focus on New York City. 

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Three Things to Know About Jonathan Gray's Philanthropy

Billionaire Jonathan Gray, head of global real estate at Blackstone Group, and wife Mindy are raising their philanthropic profile. Their recent seeding of a New York City effort to help families start saving for their kids' college was big news.

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A Veteran Investor and Philanthropist Keeps His Eye on the Arts

Chuck Royce is a pioneer of small-cap investing. He steered some of his wealth into philanthropy and even established a charity in the 1980s. A top interest? Arts and culture. 

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A Roof of One's Own: This Hedge Funder Fights Homelessness and More

Connecticut hedge funder Ken Tropin is yet another financier who supports the Robin Hood Foundation. But the New York antipoverty giant is just one of the human services organizations that Tropin supports through his foundation.

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Anti-Apartheid: Why a Wall Street Couple Make South Africa a Priority

Anti-Apartheid: Why a Wall Street Couple Make South Africa a Priority

Derek C. Schrier founded Indaba Capital Management, where he's managing partner. But a major component of his philanthropy with wife Cameron involves South Africa, where Schrier worked to end apartheid. 

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It's Personal: This Goldman Vet Serves Up Giving in Energy, Health—and Tennis

Goldman Sachs veteran Douglas Kimmelman gives to health, the environment, athletics, and education. We explore some of the deeply personal elements behind this giving.

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Meet a Philanthropist Keen on Stem Cells

Meet a Philanthropist Keen on Stem Cells

Investor Mike Vranos and his wife Anna-Karin have directed millions to stem cell research at Harvard. We dig into why the Vranoses support this science, and what they've funded.

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