Search results for: Warren Buffett

By Peter BeattleAMERICANS donated a staggering $290.89 billion to charities last year, notwithstanding the lingering effects of the global financial crisis. This was after a huge decline during 2008 and 2009, when donations dropped to levels not seen since the 1970s.  Australia's most generous philanthropist…

By Mitch AnthonyAs successful baby boomers liquidate businesses or transition to "doing something more meaningful with their lives," there is growing interest in capitalizing, in a philanthropic sense.  This sentiment is growing and there are not enough wealth managers in the marketplace that can provide the conversation…

Atlantic’s Founding Chairman Charles "Chuck" Feeney became the 59th signatory of the Giving Pledge, an effort conceived by Bill and Melinda Gates and Warren Buffet to invite the wealthiest individuals and families in America to commit to giving the majority of their wealth to philanthropy. …

Original Source By Janet Ong July 24 (Bloomberg) -- Terry Gou, Taiwan's third-wealthiest businessman and chairman of Hon Hai Precision Industry Co., has pledged to donate 90 percent of his wealth to charity, the billionaire's aide said. The tycoon, estimated by Forbes magazine with $6…

As nonprofit institutions have seen donations and investments grow spectacularly in recent years, the urge to keep the money rolling in is being supplemented by a new pressure: make it flow out faster. Politicians, consultants, watchdog groups and even some philanthropists say that foundations, universities,…

By Thalia Beaty, Associated Press   The CEO of the Bill & Melinda Gates Foundation has a message: Hey billionaires, give away more of your money to address inequality and do it soon. Mark Suzman made the call in his annual letter released Thursday that…

According to the Gates Foundation, billionaires need to start giving more of their money away—and not just to elite universities, but to high-impact causes that can change and save the most lives. The Gates Foundation, the world’s richest private foundation, is stepping up its own spending,…

[caption id="attachment_83351" align="aligncenter" width="361"] Atlantic Fellows at the Atlantic Institute.[/caption] September 14, 2021 Dear Friends, One year ago today, Chuck Feeney signed the documents to dissolve the 38-year-old Atlantic Foundation that he founded to distribute his entire business fortune to improve the lives of others. …

By Jackie Abramian [caption id="" align="aligncenter" width="579"] The 2020-2021 AFSEE Residential Fellows in London. Photoshopped into the photo is the image of one cohort unable to travel to London from Colombia because of COVID restrictions. AFSEE[/caption] Once a year, mid-career change-makers, policymakers, researchers, activists, movement-builders…

By Lucy Alexander As the pandemic and its restrictions strangled businesses large and small, an estimated 8 million more Americans fell into poverty from June to November last year, increasing the rate to almost 12 percent, or 22 percent for those without a college education.…