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

Billionaire philanthropist MacKenzie Scott donated $7.2 billion this year in her biggest ever giving announcement.The gifts bring her total philanthropy to $26 billion over the past half decade. https://t.co/GFPbFLT8EU📷: Dia Dipasupil/Getty Images https://t.co/y2GZ6lM3cW ...

Philanthropist MacKenzie Scott handed out $7.2 billion this year in her biggest ever giving announcement https://t.co/CaI059KK0e ...

Philanthropist MacKenzie Scott handed out $7.2 billion this year in her biggest ever giving announcement https://t.co/daxTziqxba ...

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

Core Perspective - The American Water Charitable Foundation, in collaboration with California American Water, has provided a $5,000 grant to the Sacramento Food Bank and Family Services to combat food insecurity during the holiday season [1][4]. Group 1: Grant Details - The $5,000 State Strategic Impact Grant aims to support the Sacramento Food Bank and Family Services in providing meals and essential resources to families in need [1][3]. - This funding is part of the 2025 Keep Communities Flowing Grant Program, which focuses on three pillars: Water, People, and Communities [3]. Group 2: Community Impact - The grant will help deliver 15,000 meals to families across Sacramento County, addressing the critical issue of hunger in the community [2]. - Sacramento Food Bank and Family Services provide various programs, including food distribution and family support, assisting thousands of residents [2]. Group 3: Organizational Background - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states [5]. - The American Water Charitable Foundation has invested over $20 million since 2012 to support community organizations through grants and matching gifts [7]. - California American Water, a subsidiary of American Water, serves approximately 750,000 people with reliable water and wastewater services [8].

Core Insights - The White House National Economic Council is promoting "Trump accounts" for newborns, with significant interest from wealthy Americans to contribute additional funds beyond government contributions [1][2][5] Group 1: Trump Accounts Overview - The Trump accounts initiative aims to provide newborns with a financial stake in the U.S. economy, funded by both government and private contributions [5][6] - The program includes a one-time government deposit of $1,000 for every child born between January 1, 2025, and December 31, 2028 [10] Group 2: Contributions and Growth Potential - Families can contribute up to $5,000 annually to the accounts, with the potential for inflation adjustments after 2027 [11] - The Treasury Department estimates that if fully funded, the accounts could grow to as much as $1.9 million by age 28, with lower projections estimating around $600,000 [15][12] Group 3: Philanthropic Engagement - Michael Dell's commitment of $6.2 billion to provide $250 to each child under 10 has sparked interest from other wealthy individuals to contribute similarly [2] - The initiative is framed as a voluntary philanthropic effort to enhance social equity through the profits of America's philanthropists [2]

With her most recent gifts, MacKenzie Scott has now donated more than $1 billion to universities, colleges and higher education organizations this year.https://t.co/BE4Fr8Fwut (Photo: Evan Agostini/Invision/AP) https://t.co/PNB4mWupWC ...

MacKenzie Scott’s Higher Ed Philanthropy Tops $1 Billion For The YearWith the latest round of gifts announced in the past few days, philanthropist MacKenzie Scott’s total donations to dozens of colleges, universities, and other higher education organizations now exceed $1 billion for the year. https://t.co/A3FKtEBbJJ ...

In an unprecedented philanthropic gift, which billionaire couple will give 25 million American children $250 each?Place your bets in the latest edition of Pointed, Bloomberg’s weekly news quiz for risk-takers ⤵️ https://t.co/ItoAziqHDL ...