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Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund
CNBC· 2025-07-15 16:27
Core Insights - Jeff Bezos is appointing Tom Taylor, a veteran Amazon executive, as the new president and CEO of the Bezos Earth Fund, which has a capital of $10 billion dedicated to climate and biodiversity initiatives [1][2] - The Bezos Earth Fund was launched in 2020 with the goal of combating climate change by providing grants to various organizations and aims to distribute all its capital by 2030 [3][4] Leadership Transition - Tom Taylor, who previously led Amazon's Alexa division and has over 23 years of experience at Amazon, will replace Andrew Steer, who stepped down in February [2][4] - Taylor expressed enthusiasm for leading the fund, emphasizing a commitment to innovative solutions for environmental challenges [3] Fund Activities - The Bezos Earth Fund has already distributed $2.3 billion in grants to support environmental efforts [4] - Since stepping down as CEO of Amazon in 2021, Bezos has increased his involvement with the fund and has donated Amazon shares to it [4]
X @Forbes
Forbes· 2025-07-14 18:00
Philanthropy & Generosity - Report highlights America's Most Generous Philanthropists in 2025 [1]
Seeing with New Eyes! | Jacqueline Asiimwe | TEDxEntebbe
TEDx Talks· 2025-07-11 15:29
[Music] I'm a lawyer by profession and at the time my team and I were dealing with a case of a young girl called Shadia. She was six years then. And as six years are want to do, she forgot the instruction of her stepmother to wash the dishes.Upon return, the stepmother was furious and decided to punish Shadia. She took a stick, put a polythin around it, and shoved the stick up Shadia's vagina. She tried to pull the stick out.The stepmother that is. It didn't come all the way out, so she pushed it back and t ...
'Big beautiful bill' changes the tax code on charitable giving: Here's what to know
CNBC Television· 2025-07-09 11:50
A series of tax changes buried in President Trump's big beautiful bill have the potential to upend the balance of philanthropy. And Robert Frank joins us now with his inside wealth report. We get inside.You don't want to be outside the wealth. You want to be inside. It's today's report. Is this today's report.Today we are. You're not doing yesterday's or tomorrow's. You're doing tomorrow's.We are inside wealth today. Unbelievable. And so we are talking about charitable giving and charitable giving as a whol ...
X @Forbes
Forbes· 2025-07-04 02:50
The New York City anti-poverty philanthropy–backed by nearly two dozen ultra wealthy finance moguls–says the bill will hurt the city’s poorest. (Photo: Erik McGregor/Lightrocket via Getty Images) https://t.co/63bZNuVpSe https://t.co/kBot4gynAP ...
X @Forbes
Forbes· 2025-07-03 14:00
The New York City anti-poverty philanthropy–backed by nearly two dozen ultra wealthy finance moguls–says the bill will hurt the city’s poorest. (Photo: Erik McGregor/Lightrocket via Getty Images) https://t.co/sQcNr8qmMv https://t.co/Uqe8piYQCK ...
X @Forbes
Forbes· 2025-07-02 19:00
America’s Most Generous Philanthropists 2025 https://t.co/k1mJcsmMbT https://t.co/k1mJcsmMbT ...
Who Owns Our Wealth? The hidden past and urgent future of money | Felix Oldenburg | TEDxBerlin
TEDx Talks· 2025-06-24 16:57
Problem Statement & Financial Analysis - The cost of inaction on climate change is estimated to exceed $1.3 quadrillion (1,266 trillion dollars) by 2100, which is 10 times global GDP [4] - In Germany, there is a 30 billion euro gap of philanthropic potential [16] - Foundations in Germany, with endowments between 100 and 200 billion euro, give away only about 1% annually [13][14] - Mobilizing 1% of income or wealth in Germany could generate 100 billion euro per year, a ten-fold increase over current giving levels [23] Wealth Management & Philanthropy - A significant portion of wealth in developed economies is inherited, often with family expectations to preserve it for future generations [7] - Financial gatekeepers (bankers, tax advisors, family officers) are incentivized to protect and grow wealth, not necessarily to invest it for social good or facilitate giving [9] - Legal instruments like trusts and foundations, while originally intended for protection and preservation, have become part of a global wealth defense industry, locking up money with tax privileges and secrecy [12][13] - Traditional foundations often invest in harmful industries due to low-risk, market-return investment strategies [14] Solutions & Future Trends - Modern giving can be revolutionized by using the internet to reduce costs, replace gatekeepers, and allow broader participation [20] - Digital foundations can enable anyone to start one with any amount of money, facilitating strategic giving, impact investing, and fundraising [21] - Shifting from a blame game to a model where everyone can be a philanthropist, impact investor, or influencer is crucial [25] - Encouraging individuals to give just 1% of their income or wealth can create significant positive change [22]
AutoNation Accelerates Pediatric Cancer Support Through DRV PNK
Prnewswire· 2025-06-12 10:59
Core Points - AutoNation, Inc. has launched a new Drive Pink campaign focused on pediatric patients, partnering with Children's Miracle Network Hospitals and the National Pediatric Cancer Foundation, reinforcing its commitment to cancer patients and expanding its philanthropic efforts [1][5] - The campaign includes a nationwide cash register donation initiative across over 300 stores, allowing customers to round up payments or donate at checkout, with all funds supporting local pediatric cancer treatments [2][5] - AutoNation has raised $70,000 to purchase a vehicle for the National Pediatric Cancer Foundation, bringing total support for the organization to over $460,000 since 2021 [3] - A new 2025 Chrysler Pacifica Select passenger van will be featured at the "Rally Funds the Cure" event, symbolizing support for children diagnosed with cancer [4] - AutoNation emphasizes a holistic approach to community impact, providing financial support and practical assistance, with associates volunteering their time to help partner nonprofits and hospitals [5][7] Company Overview - AutoNation is one of the largest automotive retailers in the U.S., offering a wide range of new and used vehicles, financing, parts, and maintenance services [7] - The company has raised over $40 million for cancer-related causes through its Drive Pink initiative, demonstrating a commitment to positively impacting communities [7] Partner Organizations - Children's Miracle Network Hospitals has raised over $9 billion for children's hospitals, focusing on critical treatments and healthcare services [8][9] - The National Pediatric Cancer Foundation is dedicated to funding research and clinical trials for less toxic and more effective childhood cancer treatments [11]
MasterCraft Boat Company Launches Third-Annual ‘Surf to Save Lives' Campaign in Support of St. Jude Children's Research Hospital®
GlobeNewswire News Room· 2025-05-20 15:00
Core Points - MasterCraft Boat Company has launched its third year of the Surf to Save Lives campaign, aiming to raise funds for St. Jude Children's Research Hospital, with a pledge of $75,000 in 2025, bringing the total raised since 2023 to $225,000 [1][2] - The campaign allows boaters nationwide to log their on-water activities through the MasterCraft Connect app, with MasterCraft donating $1 for every minute logged, up to a maximum of $75,000 [3] - The initiative is open to all boaters, not just MasterCraft owners, encouraging widespread participation in support of St. Jude's mission [3] Company Overview - MasterCraft is a leading innovator, designer, manufacturer, and marketer of premium performance sport boats, with a history of industry-leading innovation since its founding in 1968 [8][9] - The company is headquartered in Vonore, TN, and operates under three brands: MasterCraft, Crest, and Balise [9][10] Philanthropic Efforts - Over the past two years, MasterCraft has donated a total of $150,000 to St. Jude, reaching the maximum annual donation of $75,000 each year [2] - The campaign is supported by Alexa Score, a childhood cancer survivor and professional wakeboarder, who serves as the official spokesperson [5][6] - MasterCraft employees also have the opportunity to contribute through a dedicated Employee Giving Program [6]