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MacKenzie Scott Drops Another Philanthropy Bomb

$640M, more than double her initial plan, goes to nonprofit applicants

(Newser) - MacKenzie Scott, the billionaire philanthropist and author, had promised to give $1 million each to 250 organizations last year through an "open call" for applications. She apparently changed her mind. On Tuesday, she announced she would give $640 million to 361 organizations instead, reports the AP . That makes her...

Elon Musk Does Not Like MacKenzie Scott's Billions to Charity

Calls fellow billionaire's charitable giving among the reasons 'that Western Civilization died'

(Newser) - MacKenzie Scott has become a power player in philanthropic circles, donating billions to charity since her split with Amazon founder Jeff Bezos in 2019. That charitable giving, however, has apparently attracted the ire of a fellow billionaire: X owner Elon Musk, who had words for Scott on his social media...

Inmate's Generosity Just Made Him $100K Richer

Prisoner donated $17 paycheck—an entire month's worth of work—to Gaza; then people gave to him

(Newser) - A longtime California inmate had to put in a month's worth of work just to earn enough to buy a couple of Starbucks drinks. What he did with those earnings, however, has since made him $100,000 richer as he prepares to reenter the world upon being paroled later...

Warren Buffett's Pocket-Emptying Earns Him a New Honor

He's No. 1 in 'Chronicle of Philanthropy' rankings of charity donations, with a $541.5M gift

(Newser) - The Chronicle of Philanthropy's annual list of the biggest charitable donations from individuals or their foundations totaled more than $3.5 billion in 2023. Four universities received big gifts in 2023, along with four scientific research institutes and a health care system. The other gifts went to a family...

After U Penn Chief's Remarks, $100M Donation Is Withdrawn
U Penn
President
Steps Down
After Outcry
updated

U Penn President Steps Down After Outcry

Elizabeth Magill, whose answers on antisemitism sparked a backlash, will remain on the faculty

(Newser) - This file has been updated with Scott Bok's resignation. Elizabeth Magill, the University of Pennsylvania president who had been pressured to resign since her congressional testimony this week about antisemitism on campus, said Saturday that she's stepping down. She will remain a tenured law faculty member, the Daily ...

MacKenzie Scott Gave Away $2.1B Last Year

Billionaire philanthropist once married to Jeff Bezos has given away more than $16B since 2019

(Newser) - MacKenzie Scott donated $2.1 billion in the past year, she said in an online post, bringing her total reported giving to more than $16 billion since 2019. While previous announcements have included detailed essays about the reasons for her donations, Scott offered only a short post titled "Giving...

Man Accidentally Donates $15K to GoFundMe, Goes Viral
Man's Generous Donation Ends
Up Being a Little Too Generous
in case you missed it

Man's Generous Donation Ends Up Being a Little Too Generous

Californian meant to donate $150, sent $15K instead—but the story has a happy ending for all

(Newser) - A California man who wanted to help his neighbor with a donation ended up mistakenly being a little too generous—but the story has a happy ending on all counts. A man who's IDing himself simply as Michael first relayed his overspending tale on Reddit last month, explaining how...

In Rarity, Charitable Giving Declines in the US

On the other hand, 2022 was a tough year for many Americans' finances

(Newser) - Charitable giving in the United States declined in 2022—only the third time in four decades that donations did not increase year over year—according to the newly released Giving USA report. Total giving fell 3.4% in 2022 to $499.3 billion in current dollars, a drop of 10....

Graham to Trump Devotees: 'You Need to Help This Man'

After indictment news, senator makes emotional plea for Trump fans to 'fight this bull----' with cash

(Newser) - On Thursday, there was plenty of reaction circulating on the indictment of former President Trump , including emotional responses from his two oldest sons, Donald Trump Jr. and Eric Trump . That same evening, Republican Sen. Lindsey Graham of South Carolina also gave an impassioned speech in support of the former president,...

Bills Player's Charity Flooded by Fans

Donations for Damar Hamlin's Chasing M's Foundation toy drive reach over $3.2M

(Newser) - The charity of Buffalo Bills safety Damar Hamlin has received more than $3.2 million in donations following his on-field collapse Monday. Hamlin had created a GoFundMe campaign , seeking $2,500 for the Chasing M's Foundation's third annual toy drive, to benefit Kelly and Nina's Daycare Center...

After Broadcaster Mocks Him, NHL Player Has Classy Response
After Broadcaster
Mocks Him, NHL
Player Has
Classy Response
in case you missed it

After Broadcaster Mocks Him, NHL Player Has Classy Response

Pat Maroon donates to a mental health charity, encourages others to do the same

(Newser) - When a TV broadcaster mocked an NHL's player's weight, the player fired back on Twitter—but maybe not in the way you'd expect. Pat Maroon of the Tampa Bay Lightning donated to a mental health charity in the broadcaster's name and encouraged others to do the...

MacKenzie Scott Gives Girl Scouts Its Biggest Gift Ever

Philanthropist donates more than $84M to group

(Newser) - Philanthropist MacKenzie Scott donated $84.5 million to Girl Scouts of the USA and 29 of its local branches, the 110-year-old organization said Tuesday, calling it a vote of confidence. "Her support of our organization means honestly just as much as the donation," Sofia Chang, CEO of GSUSA,...

This May Be the Biggest Political Donation Ever

'NYT' reports on $1.6B from conservative businessman Barre Seid to new nonprofit

(Newser) - The New York Times is reporting on what appears to be a record-setting political donation in the US, though the principals involved aren't exactly household names. The story by Kenneth P. Vogel and Shane Goldmacher reports that Barre Seid—a mogul who made his fortune in electronics manufacturing—donated...

A Century Ago, They Lived Through a Rampage. Now, $1M

3 centenarians who lived through 1921's Tulsa Race Massacre will split gift

(Newser) - Only three survivors remain from the Tulsa Race Massacre , the 1921 attack in which a white mob descended upon the city's affluent Black neighborhood of Greenwood, torched more than 1,250 homes, and killed hundreds. That trio never received any reparations from either Tulsa or the state of Oklahoma,...

A Dad's Emotional Plea: 'We Left All Our Lego in Ukraine'

Donations pour in after Igor Sidorov's ask on Facebook for his 11-year-old son

(Newser) - While much of the coverage of Russia's invasion of Ukraine has focused on the destruction and carnage, there've also been some more "poignant [glimpses] of what people have lost and left behind," per Irish broadcaster RTE. Case in point: 11-year-old Andrii Sidorov, who had to abandon...

Young Crypto Billionaire: I'm Giving Away Most of My Money
He's 30, Worth $24B, Drives
a Corolla, Sleeps in a Beanbag
in case you missed it

He's 30, Worth $24B, Drives a Corolla, Sleeps in a Beanbag

'I don't want a yacht,' crypto CEO Sam Bankman-Fried says of plan to give away most of his money

(Newser) - Sam Bankman-Fried wants FTX, the Bahamas-based cryptocurrency exchange he co-founded, to become the "biggest source of financial transactions in the world." In the meantime, he has a plan for the fortune he's already raking in: He wants to give most of it away. The 30-year-old tech entrepreneur,...

Nobel Winner Selling Medal for Noble Reasons

Russia's Dmitry Muratov, who won peace prize last year, wants funds raised to assist Ukraine refugees

(Newser) - People from all over the world are donating where they can to help the millions of refugees streaming out of Ukraine as Russia continues its invasion there—but very few have Nobel Peace Prize gold they can hawk to free up some funds. Russia's Dmitry Muratov is one of...

Actor Declares Career 'Not-for-Profit'

Michael Sheen has sold houses to fund charities and become 'a social enterprise'

(Newser) - After seeing the good works of organizations imperiled by a lack of funding, Michael Sheen has changed the goals of his life and career. He's sold his two houses, donated the money to charity, and announced that he's now a "not-for-profit actor." Sheen, 52, still plans...

What Happens When 2 Billionaires' Exes Team Up? This

MacKenzie Scott, Melinda French Gates donate $40M to programs supporting gender equality

(Newser) - We don't know (though we'd love to) what the flies on the wall hear when MacKenzie Scott and Melinda French Gates get together, but one of their recent conversations apparently took a philanthropic turn. The two billionaires—and exes of former Amazon CEO Jeff Bezos and Microsoft co-founder...

Comic Strip Characters Ditching Their Pants on Friday

Comic strip artists to celebrate No Pants Day in a way that helps charities

(Newser) - Fans of newspaper comics will instantly notice something missing in many of the strips this Friday—pants. More than 25 cartoonists behind strips from "Blondie" to "Zippy the Pinhead" are celebrating the quirky holiday No Pants Day in a way that helps charities get clothing to those in...

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