This week in Philanthropy – week 45

By November 10, 2017Grant management

Are you up to date with news within the philanthropy industry? Find the latest best picked Philanthropy news here to keep you up to date with the Philanthropy world.

Singer’s philanthropy was set in motion by fans

Singer, Josh Groban, started a foundation under his own name after a fan that interrupted him at one of his concerts in 2005 to give him a $50,000 check.

The fans who used to collect his autographs to sell on eBay said to him, “We your fans, are giving you this money back and we want you to start a foundation”.

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Jeff Bezos’s philanthropy is ‘saved for later’

Jeff Bezos has been caught out for not making any philanthropic contributions even though he has more than $90 billion tied to his name.

Nonprofits and many foundations are curious about what Jeff Bezos is going to do. Giving consultant and Amy Schiller said that, “Bezos has probably had philanthropy in his mental cart for a while, and kept licking save for later.”

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Fidelity Charitable Gift Fund claimed the top spot in the Philanthropy 400

Fidelity Charitable Gift Fund has claimed the top spot in the Philanthropy 400, The Chronicle’s annual, ranking of charities that raise the most money from individuals, foundations, and companies.

Fidelity raised nearly $4.1 billion in the ending of year 2016, which was 12% down from the previous year.

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David Rockefeller’s thoughtful path to philanthropy

The Rockefeller Center auction house employees are sorting through ceramics and many belonging that belonged to David Rockefeller. A photo studio has been set up to take photographs for the catalogs that will be issued before everything is sold five months from now.

The money from the sales will fund pledges that David Rockefeller has made more than a decade ago to institutions, among them are two universities and the Museum of Modern Art which will be receiving more than $100 million each.

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Here you have this week’s news of the philanthropy sector, this hopefully kept you informed on the latest occurrences in the industry.

Photo credit: Business Mantraa

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