Philanthropy Report - Legacy From The Heart

The popular YouTuber MrBeast spent months building a village in Ghana, including a school, a community center, houses for teachers and more.

Private capital is 'looking for somewhere useful to go', special envoy Badr Jafar tells The National during UN General Assembly

September 25, 2026, 3:02 AM ET Alice Walton, the daughter of Walmart founder Sam Walton, has dedicated herself to philanthropy and medicine. Alice Walton has been one of the richest women in the world for years. She came by her massive $100 billion-plus fortune by way of being part of the family behind Walmart, the No. 2 Fortune 500 company (only this year beat out by Amazon). Walton’s wealth continues to skyrocket despite her dedication as an art patron and philanthropist. In fact, between

Canada’s charitable sector is facing increasing financial pressure. Rising demand for services, declining numbers of individual donors, inflation, growing competition for gifts and grants — together they’ve created a challenging fundraising environment for charities of every size.

Established in 2015 as a donor-advised fund at The Miami Foundation, the Jorge M. Pérez Family Foundation's total contributions span arts and culture, education, health and well-being, economic development, and the environment.

Scott Harrison tells how he swapped a hedonistic lifestyle to create clean-water wells for more than 21 million people

Three questions wealth advisors and family office leaders can ask to uncover what clients value, what they want their giving to achieve, and who they want involved.

October 6, 2026, 3:03 AM ET Baby boomers aren’t so sure millennials can carry on their philanthropic legacy. Wealthy baby boomers have spent decades building their fortunes—and the foundations, donor-advised funds, and giving traditions that come with them. But as the $124 trillion Great Wealth Transfer gets underway, a growing share of the older generation isn’t so sure their kids will carry on tradition the way they hope. Fewer than half of wealthy Americans (47%) believe the next generation

The CEO of the Abdulla Al Ghurair Foundation says private donors in the region don’t want to simply fill gaps left by shrinking government aid.

The Trump administration said new changes to Trump Accounts could pave the way for several multimillion-dollar donations.

His warning comes as Americans keep giving more.

Three years after her high-profile split from Andrew Forrest, Nicola Forrest has made her boldest independent move yet – a record donation to help women and children.

October 9, 2026, 3:04 AM ET SpaceX president Gwynne Shotwell has pledged 2 million shares to Trump Accounts. In a new type of philanthropy, billionaire SpaceX president Gwynne Shotwell has pledged to give more than 2 million American kids a piece of her company through Trump Accounts. Under new Treasury rules, the ultrawealthy can now do the same with theirs, and the tax code makes it an especially efficient way to give. The rules, which took effect Sept. 30, let wealthy donors, working through

Eric Trump condemned online critics for launching “vicious attacks” against Susan Dell, the wife of billionaire technology entrepreneur Michael Dell, after the couple pledged $6.25 billion to provide investment accounts for millions of American children.

Despite her generosity, she's still richer than she was before she began her philanthropic campaign.

October 13, 2026, 1:37 PM ET Olivia Walton founded Healthy Moms, Healthy Babies America, and is using “every tool in the toolbox” to improve maternal health. Olivia Walton of the Walmart founding family is pledging a part of her family’s multibillion-dollar fortune to tackle the maternal health crisis affecting women across the U.S. The CEO of Ingeborg Investments founded her nonprofit Healthy Moms, Healthy Babies America in April, dedicating $100 million over the next five years to cut the

Hong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the…

Pittsburghers remember prominent philanthropist and educator Nancy Washington, who died this week at age 87.

October 15, 2026, 11:59 AM ET Evan LePatner spoke about the foundation he formed in honor of his late wife, Wesley LePatner, at Fortune's Most Powerful Women Summit on Oct. 13. In July 2025, Wesley LePatner kept bringing up the same worry with her husband. She was already stretched thin by many measures. She ran a Blackstone real estate fund, chaired the firm’s Women’s Initiative, served on boards from the Metropolitan Museum of Art to UJA-Federation of New York, and was raising two children.

The institute named for him is set to open in 2029

I GREW UP IN A MIDDLE-CLASS family in Mumbai, where my parents taught us the importance of giving back. Our success, they insisted, was meaningful only if it helped others rise. As a girl, I spent most Sundays accompanying my father as he distributed food to those in need. As a young teacher at an elementary school, I learned that the greatest gift a teacher offers is not knowledge itself but the confidence and capabilities it awakens in a child. And, as a mother, I experienced most profoundly

Phil and Penny Knight’s latest university commitment will finance engineering education, research and commercialization, demonstrating both the transformative power of private philanthropy and its limits in addressing public universities’ financial pressures. A university can receive a billion dollars and still face difficult budget cuts. The University of Oregon is about to demonstrate why. Nike co-founder […]

September 22, 2026, 3:03 AM ET Benita and Jeff Thomasson donated $100 million to Indiana University. In 1981, Jeff Thomasson earned his MBA from Indiana University’s Kelley School of Business, which is regularly ranked among the top programs. That launched him on the path to building his own wealth management firm, which now has more than $38 billion in assets under advisement. Now, he’s giving back to the school that made him. Last week, IU announced Thomasson and his wife, Benita, had donated

A Bitcoiner turned 5,104 BTC into $55 million in cash for donations in 2018.