🔥 Both @Polymarket and @Kalshi are getting involved in grocery philanthropy.Learn about the soon to be pop-up grocery store coming to New York City later this month ⬇️BSCN (@BSCNews):https://t.co/QSfvZ43jUP ...

Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pot, New York's new mayor, Zoran Mdani, on the budget for America's largest city. >> The prior mayoral administration has left us with a 12 billion fiscal deficit. And this is at a scale that's actually greater than what we saw here in New York City during the Great Recession. and how his version of economics is taking over city hall. >> Since 2021, when New York State increased taxes on the wealthiest New Yorkers, the numbe ...

Core Insights - The Wonderful Company announced the latest recipients of its Central Valley Community Grants program, awarding over $1.5 million to 43 organizations focused on various community initiatives [1][2]. Group 1: Philanthropic Commitment - The Wonderful Community Grants Program is designed to support local nonprofit organizations and schools in California's Central Valley, where over 3,000 Wonderful employees reside [2]. - The company and its co-owners have invested more than $850 million in the Central Valley over the past decade, promoting long-term social, educational, and economic progress [3]. Group 2: Community Challenges - Rising healthcare costs, food insecurity, and cuts in public funding are increasing pressure on local nonprofit organizations, necessitating greater support from initiatives like the Wonderful Community Grants program [4]. Group 3: Program Impact - The grants support a variety of initiatives, including health and wellness, education, recreation, community beautification, art, and social services [2]. - Specific programs funded include after-school programming for underserved youth, domestic violence support, free tax return assistance, food distribution, health equity initiatives, and provision of shoes for low-income students [5][8][9].

Core Insights - The American Water Charitable Foundation awarded a total of $5.7 million to various organizations across the U.S. in its 2025 Community Impact Report [1] - The foundation's Keep Communities Flowing Grant Program distributed $4.7 million to over 350 eligible non-profit organizations, while nearly $1 million was provided through Employee Matching Gift and Rewards Programs, engaging over 4,700 employees and benefiting 2,600 public charities [2][3] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [4] - The company has a history dating back to 1886 and focuses on providing safe, clean, reliable, and affordable drinking water and wastewater services [4] Philanthropic Efforts - Since its establishment in 2012, the American Water Charitable Foundation has invested over $25 million in grants and matching gifts to support eligible organizations in communities served by American Water [3][7] - The foundation emphasizes three pillars of giving: Water, People, and Communities, and is funded by American Water shareholders without impacting customer rates [7] Community Impact Examples - The Shirley Heinze Land Trust received support for a community development initiative aimed at enhancing walkability and safety in the City of Gary, Indiana [5] - The Commission on Economic Opportunity in Pennsylvania expressed gratitude for funding that ensures reliable access to nutritious food for families [5] - North Scott High School in Iowa received a grant to enhance its STEM programs, particularly for its robotics team [5]

Core Viewpoint - Duke Energy Foundation is providing a $100,000 rapid response grant to the American Red Cross to assist communities in the Carolinas in preparing for and enduring the impacts of Winter Storm Fern, which is expected to bring severe winter weather [1][2]. Group 1: Funding and Support - The funding will be allocated across North Carolina and South Carolina to enhance local efforts addressing cold-weather needs, including warming shelters, emergency supplies, and support for community-run shelters [2][3]. - The Duke Energy Foundation contributes over $30 million annually in philanthropic support to meet community needs where Duke Energy customers reside [4]. Group 2: Company Overview - Duke Energy is a Fortune 150 company based in Charlotte, N.C., serving 8.6 million electric customers across several states and owning 55,100 megawatts of energy capacity [5]. - The company's natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky [5]. Group 3: Community Impact - The support from the Duke Energy Foundation is crucial for families and individuals facing financial hardship, enabling the opening of shelters and provision of critical supplies [3]. - Duke Energy is actively monitoring weather impacts and will adjust its operational and community storm efforts as necessary [3].

Forbes Asia’s 2025 Heroes Of Philanthropy https://t.co/oHqvySQXqf ...

Company Overview - Azim Premji transformed Wipro Limited from a $2 million cooking oil company into a global IT, BPO, and R&D services organization generating over $10 billion in revenue with a presence in 66 countries [1][10] - The pivotal shift in Wipro's focus towards computer hardware and software in 1977 allowed the company to carve a niche in custom software solutions, particularly for the US market [1][10] - By the late 1990s, Wipro's value significantly increased, establishing Premji as one of the wealthiest entrepreneurs globally [1][10] Philanthropic Efforts - Azim Premji founded the Azim Premji Foundation, which focuses on enhancing primary education in rural India [2][10] - In May 2025, the foundation committed $265 million over three years to support underprivileged girls in completing their college education [2][10] - Premji's philanthropic contributions earned him the Padma Bhushan, India's third-highest civilian award, in 2005 [2][10] Leadership and Vision - Premji's leadership style emphasizes ambition and the importance of setting transformative goals that may seem unrealistic to others [5][6][8] - He advocates for self-belief and commitment to one's goals despite external skepticism, highlighting that progress is driven by those who envision outcomes beyond conventional thinking [7][8][10] - Premji's journey as an entrepreneur and philanthropist reflects the impact of bold goals, which can disrupt the status quo and demand innovation and persistence [8][10]

Core Insights - Roger Sant, co-founder of AES Corp., sold his full-floor condo at the Ritz-Carlton Residences in New York City for $23.8 million, with the entire sale price earmarked for charitable donations, showcasing a blend of luxury real estate and philanthropy [1][2]. Group 1: Sale Details - The condo was originally listed at $39 million, later reduced to $29 million, indicating volatility in the ultra-luxury real estate market [3]. - Sant purchased the condo for $17.6 million in 2017, resulting in a significant gain despite the final sale price being lower than the initial asking price [3]. Group 2: Property Features - The condo spans 6,800 square feet and is one of only 12 units in the Ritz-Carlton, a historic building designed by Emery Roth [4]. - The primary suite is a 2,000-square-foot space with two bathrooms, two dressing rooms, and views of Central Park [5]. Group 3: Ownership Costs and Philanthropy - The new owner will incur over $17,000 in common charges for various luxury services, including a private lobby and concierge [6]. - Sant is known for his philanthropic efforts, particularly in environmental conservation, as co-founder and chairman emeritus of The Summit Foundation [6].

Core Insights - Michael Dell and his wife Susan are contributing $6.25 billion to expand a pilot program aimed at providing financial support to children in America [1][2] - The donation will provide $250 in seed money to 25 million children under the age of 10 who do not qualify for Treasury-funded "Trump Accounts" [2][3] - This contribution is considered historic and is reported as the largest donation ever dedicated to American children [3] Financial Overview - Michael Dell's net worth is estimated at $140.5 billion, making him the 12th richest person globally [4] - The $6.25 billion donation represents approximately 4.45% of his total net worth [4] - Dell's company, founded in 1984, has grown significantly, with a current market capitalization of $88.63 billion [5] Philanthropic Background - The Dells will distribute the donation through their own charitable funds rather than the Dell Foundation [6] - In 2023, the Dells previously donated $3 billion to child poverty initiatives through their private foundation, which Susan Dell co-founded in 1999 [6]

Core Insights - The American Water Charitable Foundation awarded a total of $75,000 in State Strategic Impact grants to 13 organizations in Iowa service areas in 2025 [1] Group 1: Grant Details - The State Strategic Impact grant is part of the Foundation's Keep Communities Flowing Grant Program, which focuses on three pillars: Water, People, and Communities [2] - The Foundation has invested over $20 million in funding through grants and matching gifts since 2012 to support eligible organizations in communities served by American Water [4][10] Group 2: Community Impact - The River Bend Food Bank received a $20,000 grant, which enabled the purchase of nutritious food and inspired employee volunteers to assemble 600 meal boxes and deliver over 7,500 meals [2] - Iowa American Water emphasizes its commitment to community support, stating that giving back is central to its mission [3] Group 3: Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [6] - Iowa American Water, a subsidiary of American Water, provides services to approximately 227,000 people in Iowa [9]