By Mila Sherman, PhD, Professor of Finance, Shhreya Anand, Jonathan Fula, Hurditya Lohia (students), and Alternatives Class Advisor: Kristen Walters (alumni)

I · THE MACKENZIE SCOTT PARADOX $7 Billion Given — and Snubbed from the Honours List The most disruptive philanthropy story of the season belongs to MacKenzie Scott, whose Yield Giving organisation distributed more than $7 billion to over 120 organisations in 2025 alone — bringing her lifetime chari

May 21, 2026, 10:01 AM ET MacKenzie Scott’s donations now total $26 billion. Thanks to multiple historic donations last year and an eye-popping volume of philanthropic gifts, MacKenzie Scott has etched her way to becoming one of the world’s most generous philanthropists. But the Chronicle of Philanthropy doesn’t see it that way. | Newsletter Although Scott donated more than $7 billion to more than 120 organizations last year through her philanthropic organization, Yield Giving, the Chronicle

The Amazon founder also dismissed calls to increase taxes for the rich.

In memory of late son, philanthropists Paula and Randy Ringhaver donated $75 million to Mayo Clinic to support a recent patient care tower expansion.

After making his fortune as a venture capitalist, he became a prolific and inventive benefactor, supporting innovation in the arts, education and health sciences

If you had gone to Hyde Park 175 years ago you would have seen a vast greenhouse, which was immediately nicknamed the Crystal Palace. It housed the Great Exhibition. More than six million people, between May and October that year, streamed through the aisles of the Crystal Palace to see exhibits from all over the world: the first revolver, sent by the American Samuel Colt; a floating gothic church built for the Churchmen’s Missionary Association for the Seamen of Philadelphia; chimneypieces 16ft

In philanthropy, success is usually measured in numbers: Dollars raised. Major gifts secured. Revenue growth. Cash collections. When organizations experience transformational fundraising success, those are naturally the numbers people focus on.

The Africa Jobs Fund plans to raise capital from philanthropic sources.

Family philanthropy often evolves without intention. Discover how a giving plan transforms reactive giving into strategic leadership.

Biohub, a philanthropic venture of Meta CEO Mark Zuckerberg and his wife, Dr. ‌Priscilla Chan, launched on Wednesday a world model of protein biology to accelerate drug discovery.

Celebrated for his impactful roles with Children's Hospital Colorado and the National Western Stock Show, Ronald W. "Ron" Williams was the 2022 Citizen of the West.

Despite being one of the most charitable modern-day philanthropists, Jeff Bezos’ ex-wife, MacKenzie Scott, has surprisingly missed out on a renowned list of the top donorsof 2025. The esteemed novelist gave away a reported $7 billion in donations last year.

B.C. has lost a legend with the passing of developer and philanthropist Mel Zajac. Over his 98-year lifespan, Zajac never stopped dedicating his life to helping kids be kids.

Earlier this year, a billionaire investor and philanthropist named Tom Kaplan auctioned off a small Rembrandt drawing of a lion at Sotheby’s in New York City. It sold for nearly $18 million.

Bill Gates-backed TerraPower Isotopes tapped the contractor to head up preconstruction and construction of the core and shell building.

The Gates Foundation sold its remaining 7.7 million Microsoft shares during the first quarter.

May 27, 2026, 3:03 AM ET Voyager founder Dylan Taylor says his kids will inherit millions, not billions—he'd rather fund philanthropy than future generations he'll never meet. Dylan Taylor made his first million at 27. Last year, he took his space-holding company, Voyager Technologies, public on the New York Stock Exchange, making many more millions. But don’t expect his two children to inherit all of it. “I’m not a huge believer in generational wealth transfer,” the founder and philanthropist

Jeff Bezos' ex-wife MacKenzie Scott is impressively dedicated to giving back, with the philanthropist consistently emphasizing the importance of kindness.

Philanthropist aims to ensure his family name is associated with something bigger than beer

Here are 3 ways generosity could boost your finances — and how to start.

Microsoft has always been a standout stock for the foundation's portfolio.

Discover why using your surplus wealth for private charity and education can be far better than paying more taxes – and how Ben Franklin’s example can guide your giving and tax planning in retirement.