How are America’s wealthiest young people stacking up when it comes to giving? We drill into the philanthropy records of the 13 billionaires who rank among the richest 400 Americans and find a mixed picture.
While big campus donors tend to see more generous scholarships as the key to expanding access to higher education, a billionaire credit card mogul is putting up $350 million to help National University cut its tuition in half.
Chris and Keena Clifford established a grantmaking foundation of after finding success at the investment firm of Berkshire Partners. Here’s what we know about this low-key funder and how it gives in and around Boston.
Some of today’s biggest donors have emerged from the lucrative world of private equity, making record-breaking gifts and creating new foundations. Here’s a rundown of who they are and what they care about.
Finance veteran Scott Krase and his family launched a foundation in 2017 that’s focused on making charity more direct, customizable and impactful. We hear about what motivated the venture and how it’s going so far.
As finance veteran Clifford Chiu has expanded his philanthropy, he and his wife Leigh have focused on the growing mental health crisis on campus—and especially how it affects students of color. We talk to Chiu about his evolving giving.
Coinbase founder Brian Armstrong is the first crypto billionaire to sign the Giving Pledge. While his personal philanthropy is in its very early stages, he also recently launched GiveCrypto.org. Here’s an inside look.
Evan J. Segal helped grow his family’s Pittsburgh-based manufacturing business, and now works as an angel investor. Like many philanthropists, he and his wife Tracy are keen to make a difference locally—and do more than just write checks.
Revelations that hedge fund manager Bernard Selz and his wife Lisa have given more than $3 million to anti-vaccination causes underscores the lack of guardrails to stop donors from doing real harm—and at taxpayer expense.
Jeffrey Epstein is dead, but mysteries remain about his financial ties to business mogul and mega-philanthropist Leslie Wexner, including large transfers between the foundations of the two men. What should other donors learn from this mess?
Jeffrey Epstein not only made gifts to a wide range of Jewish organizations, he cultivated a deep relationship with one of the most important Jewish philanthropists in the U.S., billionaire Leslie Wexner—revelations that raise troubling questions.
While wealthy K-12 donors have often been accused of parachuting into complex education landscapes with preconceived reform ideas, the wife of a top hedge fund billionaire has worked very differently.
Despite the devastation caused by the 2008 crash, financial sector reform isn’t a priority for most funders. Michael Masters has bucked that trend, bankrolling one of the few policy shops in D.C. able to go toe-to-toe with industry lobbyists.
Tech and finance winner Mark Gorton might be best known for launching Limewire. But for some two decades, he’s devoted his time and money to advocating for transportation alternatives in New York City and a “better way to live.”
In the past few years, some of America’s richest mega-givers have backed new work targeting poverty. Who’s giving? What approaches are receiving support? And will these donors eventually take a more systemic approach to fixing an unequal economy?
This week’s New York Times article reporting that the Michael Steinhardt sexually harassed six different young women has been a focus of conversation across the Jewish nonprofit world. What are people saying? And how will the scandal affect Steinhardt’s giving and his grantees?
John Overdeck parlayed degrees in math and statistics into a multi-billion dollar fortune. Now, he and his wife Laura are emerging as major philanthropists, with a big focus on education. Here’s a look inside their rapidly growing foundation.
Backstopped by a large finance fortune, the Booths have become important donors to watch in the state, especially for the arts. We take a look at which organizations have been winning support from the couple.
Former Washington Mutual CFO and vice chair Bill Longbrake steers a family foundation which focuses on affordable housing, education, and faith-based work. Beyond just giving grants, he’s been closely involved in helping nonprofits scale.
Intent on "dying broke," T. Denny Sanford is keeping the big gifts flowing. His recent $55 million commitment adheres to three key themes of his philanthropy: providing support for children, building up South Dakota organizations, and writing massive checks.
A major donation to UT Austin’s business school provides an illuminating look into how donors hailing from the world of finance perceive ideas like “value” and “impact,” concepts which aren’t nearly as clear cut to these givers as you might think.
The late Albert Gordon was among the most powerful people in finance. But he also stressed the importance of philanthropy to his sons, including Dan Gordon, who now pilots one of the family foundations, with a focus on grantmaking in Philadelphia.
The hedge fund billionaire is one of the biggest philanthropists to emerge from finance in recent years, with wide-ranging interests and money flowing to various causes. What is Griffin, who’s only 50, trying to achieve with his giving?
Richard and Susan Braddock back a wide array of causes, including business education. Braddock funds and participates in a program that mentors promising entrepreneurs, illustrating one way Wall Street donors can directly engage with grantees.
For all the talk of a golden age of philanthropy, the rich are piling up new wealth much faster than they’re giving it away. Most give mere crumbs compared to their net worth. The Bridgespan Group is looking to change that.
Private equity star Jean-Pierre Conte is the son of immigrants from France and Cuba. We talk with him about what motivates his growing giving, including support for first generation college students.
Donald Trump may be a billionaire, but no recent president has inspired fiercer opposition within the far upper class. Many top philanthropists are among those who’ve given record sums in the most expensive mid-term election in U.S. history.
Wells Fargo is the latest bank to make a big bet on urban community development, with a focus on Washington, D.C. The move comes amid multiple scandals around the bank, which badly needs some good publicity.
We take a look at the Finnegan Family Foundation, created by Paul and Mary Finnegan, to get a better sense of how this locally focused funder operates in Chicago.
Marc J. Leder went to Penn on student loans, and hasn’t forgotten the school that gave him his start. We talk with Leder about his recent seven-figure gifts to his alma mater and his philanthropic mission overall.
John Griffin, a Robin Hood board member, and his wife Amy fight poverty in New York City. But that's not all the couple is into. We dig in.