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X @Tesla Owners Silicon Valley
Marketing & Public Relations - Philanthropy is presented as an effective marketing strategy, enhancing brand image [1] - Using corporate resources for assistance without expecting direct returns can build confidence in the product/service [1] Corporate Social Responsibility - Elon Musk's Starlink provided free service to Jamaica and the Bahamas during Hurricane Melissa [1] - The free service was offered until the end of November [1]
Jeff Bezos' ex MacKenzie Scott slashes Amazon stake by $12.6B: report
New York Post· 2025-10-15 15:29
Core Insights - MacKenzie Scott has reduced her stake in Amazon by approximately 42%, equating to $12.6 billion, over the past year [1][4] - Scott now holds 81.1 million shares, down from 139.1 million shares a year ago [1] - Jeff Bezos currently owns 9% of Amazon after selling over 100 million shares in the past year [3][6] Philanthropic Activities - Scott has donated more than $19 billion since her divorce from Bezos in 2019, with a focus on small nonprofits and minimal reporting requirements [2] - In the previous year, she contributed $2 billion to 199 organizations, as reported by her Yield Giving website [2] Financial Context - Despite the reduction in her Amazon stake, Scott's wealth has increased, attributed to a 150% rise in Amazon's stock price since her divorce [6] - As of the latest reports, Bezos has a net worth of $230.2 billion, while Scott's net worth is approximately $32.5 billion [3]
H.B. Fuller Introduces Fuller Impact to Strengthen Community Partnerships Worldwide
Businesswire· 2025-10-13 14:09
Core Insights - H.B. Fuller has launched a new global platform called Fuller Impact, aimed at aligning philanthropic investments with youth leadership and STEM-focused initiatives to strengthen communities through innovation and collaboration [1][2]. Group 1: Philanthropic Initiatives - Fuller Impact focuses on empowering communities, fostering youth leadership, and supporting STEM education globally, reflecting the company's commitment to social good [2][3]. - The foundation aims to broaden grant-giving and deepen its impact through strategic investments in communities, particularly in STEM education and youth leadership development [3][4]. Group 2: Employee Engagement - The company is enhancing employee volunteerism through initiatives like community affairs councils, service-oriented events, and matching donations, encouraging employees to contribute to local communities [4][5]. - In 2024, H.B. Fuller employees volunteered over 6,600 hours across 21 countries, supporting various initiatives including STEM learning and vocational training [5]. Group 3: Company Overview - H.B. Fuller is the largest pureplay adhesives company globally, with a revenue of $3.6 billion in 2024 and a workforce of 7,500 employees operating in over 140 countries [6].
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-10-01 21:59
Capitalism has lifted more people out of poverty than all philanthropy combined. ...
California American Water and the American Water Charitable Foundation Announce $30,000 Grant to Support Wayfinder Family Services
Businesswire· 2025-10-01 19:32
Group 1 - California American Water, in collaboration with the American Water Charitable Foundation, awarded a $30,000 State Strategic Impact grant to Wayfinder Family Services [1] - The funding will support children and youth Foster Care, Adoption, and Post-Adoption programs [1] - The initiative aims to ensure access to high-quality services for children and youth in these programs [1]
X @Bloomberg
Bloomberg· 2025-10-01 15:42
The head of Goldman Sachs Group‘s charitable arm has warned of the challenges the philanthropic world is facing from US President Donald Trump‘s efforts to curb programs that don’t align with his policies https://t.co/gHz2WvsMXM ...
X @Tesla Owners Silicon Valley
"@SpaceX, @tesla, @neuralink and @boringcompany are philanthropy. If you say philanthropy is love of humanity, they ARE philanthropy." - @elonmuskhttps://t.co/19TIWLXn20 ...
X @Forbes
Forbes· 2025-09-26 23:31
Steve Forbes, Forbes chairman and editor-in-chief, presented the Forbes 400 Lifetime Achievement Award For Philanthropy to Charles Koch, Koch chairman and co-CEO; Stand Together founder, at the 2025 #ForbesImpactSummit. https://t.co/qob47nuXRe https://t.co/jv38Dh54x6 ...
X @Forbes
Forbes· 2025-09-26 22:11
Charles Koch Receives Forbes 400 Lifetime Achievement Award For Philanthropy at the 2025 #ForbesImpactSummithttps://t.co/R9uHARfun6 ...
Cantor's Brandon and Kyle Lutnick on 9/11, SPACs and Crypto
Bloomberg Television· 2025-09-11 15:21
Cantor Fitzgerald's Commemoration and Philanthropy - Cantor Fitzgerald commemorates the 24th anniversary of the September 11th attacks with their annual charity day [1][3] - All revenue raised on the day will go to charity, turning tragedy into something beautiful [6] - The Cantor Relief Fund was started to take care of the 9/11 families, with a promise to give 25% of profits for the first five years and pay for families' healthcare, totaling $180 million over 15 years [7][8] - Cantor Fitzgerald offers standing job offers to children or anyone related to those lost in the towers on 9/11 [8] Business Growth and Strategy - Cantor Fitzgerald has significantly grown since 9/11, increasing from a couple hundred brokers to 2,000 across three companies (Newmark, BGC, and Cantor Fitzgerald), with about 14,000 employees in total [10] - The firm was the number one underwriter for US Global IPOs through August [12] - Cantor Fitzgerald has doubled its investment bank size over the last 18 months [13] - The company intends to remain a private investment bank, citing the ability to move fast, be mobile, and efficient with less bureaucracy [13][14][15] SPAC Market and Digital Assets - Cantor Fitzgerald has been a long-time believer in SPACs and sees tremendous value in them [18][19] - The company is very bullish on the Digital Asset Registry and believes the current administration is smart, thoughtful, and caring towards the industry [32] - Cantor Fitzgerald has a close relationship with Tether, the largest stablecoin in the world, and believes stablecoins should exist across the world [38][39] New York City and Future Risks - Cantor Fitzgerald has a buy and hold strategy on New York City, believing it is a strong and resilient city [46] - The company believes the current administration is smart and that things will get done [47] - The biggest risk seen is people moving too quickly or making rash decisions, emphasizing the importance of getting a second or third opinion [49][50]