When you donate stock, you give away any future gains. But there’s good reason to consider doing so — and it can benefit both the donor and the charity.

May 12, 2026, 4:01 PM ET The parents of billionaire Amazon founder Jeff Bezos have deep ties to Robin Hood, one of Wall Street’s favorite local charities. It’s a rare instance of cooperation between one of Wall Street’s favorite charities and a democratic socialist mayor who once said he didn’t believe billionaires should exist. Robin Hood, one of New York’s largest charitable organizations—and one of Wall Street’s favorites—announced it had received a $100 million gift from the Bezos family,

Warren Buffett announced that he had identified a second generation of successors to carry out his pledge to donate nearly all of his vast fortune.

THE GRANDSON OF A SINGAPOREAN BANKING tycoon, Laurence Lien is a third-generation steward of one of the island nation’s most venerable family foundations. His “radical philanthropy” strategy is straightforward: highlight a gap in public goods, pilot a remedy, then allow state institutions to take over. A ranking that he funded of preschool provisions across 45 countries helped spur Singapore into a fourfold spending increase; a palliative-care index triggered its first national end-of-life

IDRIS ELBA’S BODY DOESN’T KNOW WHEN HE’S acting. After summoning tears or rage, incarnating the trauma of characters like the tormented titular police detective on the show Luther, he’s often left feeling depleted. He is restored by throwing himself into the other passions that have come to define him as a multihyphenate, whether that’s deejaying at a royal wedding or driving around in a truck distributing food to the unhoused. “The energy they give you—they’re not taking anything from me.

STEVEN SPIELBERG HAS SPENT HIS CAREER turning imagination into spectacle. And in recent years, he and his wife Kate Capshaw have also been finding ways to harness creativity for a different purpose. “Where the world is right now requires more imagination than ever before in history,” Spielberg tells TIME. “This is a nation that hasn’t been this divided since the Civil War.” Spielberg, 79, and artist Capshaw, 72, believe that finding common ground, even between the most divided Americans, is not

CROWDED AS A BAZAAR AND CLUTTERED WITH screens, the trading floor of the New York Stock Exchange is a bubble of overstimulation, not exactly a place you’d want to bring a child. But when Susan and Michael Dell navigated their way through the blinking booths on a recent Wednesday, they were accompanied by, among others, two toddlers, one of whom wore a tiny but impeccable sport

Jeff Bezos and MacKenzie Scott were married for 25 years and she has donated billions of dollars since their divorce

The super PAC that fueled 2024 has re-upped for 2026, even with Trump off the ballot—raising new questions about how the cash will be used.

Governance demands and next-generation priorities are also pushing wealthy families towards more structured philanthropy Read more at The Business Times.

Institutional crises, generational wealth transfers, the AI democracy alarm, and the quiet forces reshaping who controls philanthropy — and why it matters to every UHNW family. SECTION I WHAT IS THREATENING THE WORLD'S LARGEST PRIVATE FOUNDATION RIGHT NOW? The Gates Foundation's Perfect Storm The Bi

“Imagine we built an airport and then called in the engineers after all the planes are flying and crashing,” Frank McCourt said at Semafor World Economy.

So that’s over. You filed your income taxes this week and while of course nobody actually wants to pay taxes, we do it anyway. We do it because as Supreme Court Justice Oliver Wendell Holmes once said, “Taxes are the price we pay for a civilized society.” Which is an odd thing to hear in 2026 as fewer of our fellow citizens than ever seem actually interested in wanting a civilized society. Lately it seems there are fewer people channeling characters from “The West Wing,” who believed in an

"I never thought I'd come back," says Wall Street legend Darla Moore of returning to her hometown of Lake City, S.C.

April 18, 2026, 11:57 AM ET MacKenzie Scott has donated $19 billion to different charities and organizations in five years. MacKenzie Scott is one of the biggest names in philanthropy. The billionaire novelist, philanthropist, and ex-wife to Amazon founder Jeff Bezos has donated an eye-popping $26 billion since 2019. Scott came to much of her fortune through her connection to Bezos. (They divorced in 2019.) During her marriage, she played a key role in Amazon’s founding and early operations,

Akron Children's will rename its main campus the Akron Children's Golisano Campus in honor of a $50 million gift from philanthropist Tom Golisano.

Corporate philanthropy must shift from short-term, visibility-driven projects to sustained, multi-year partnerships focused on capacity-building and co-creation with local expertise to achieve genuinely durable outcomes, says Ylann Schemm

A new report claims philanthropic funding to improve outdoor air quality increased by only 2%, from $123.1 million in 2022 to $125.8 million in 2023

South Shore couple Eddie and Kelley McGrath will be honored for their philanthropy at the Cardinal Cushing Centers gala.

Wertheim, who was previously married to billionaire entrepreneur and investor Herbert Wertheim, was being honored as a top Miami philanthropist the night she died.

Craig Newmark, the founder of Craigslist, has a message for Jewish philanthropists:

Gen Z faces a 37-year high in youth unemployment. Volunteering at nonprofits isn't a career on-ramp, it's a distraction from the investment they actually need.

The philanthropic giant is set to cut 20% of its workforce by the end of 2027 — just as Warren Buffett, one of its biggest donors, is ‘not talking’ to Bill Gates.

Purpose-driven leaders have built an elaborate choreography to avoid naming financial need. Here's what that silence costs—and who pays the price.

The past five years have been marked by uncertainty: the COVID-19 pandemic, war in Ukraine, the Oct. 7 attacks, multiple wars with Iran.