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X @Forbes
Forbes· 2025-11-18 20:15
Facebook cofounder Dustin Moskovitz and his wife Cari Tuna cofounded Open Philanthropy to identify charities that would create the biggest impact per dollar. Now, they’re changing its name and encouraging others to join the effort. https://t.co/Ad1LDcUFhJ ...
X @Forbes
Forbes· 2025-11-18 15:57
RT Phoebe Liu (@_pheebini)1/ A philanthropy funded primarily by one of the world's biggest private foundations wants to change that. Here's why + some thoughts on the rise of pooled funds in my latest for @Forbes:https://t.co/11rOIt2WTGThe organization #CoefficientGiving, is one of the world's largest funders of effective altruist organizations and AI safety. Here's a look at its top grantees: ...
FreeWorld takes top honor at third Truist Foundation Inspire Awards
Prnewswire· 2025-11-13 12:23
Core Insights - Truist Foundation awarded over half a million dollars in grants to support innovative solutions for often-overlooked segments of the adult workforce [1][10] - FreeWorld received the first-place grant of $250,000 for its tech-enabled solution that helps formerly incarcerated individuals enter the trucking industry [3][4] - The Inspire Awards event highlighted the importance of philanthropy in addressing workforce challenges and promoting economic mobility [5][8] Grant Recipients - FreeWorld was awarded a total of $325,000, including a $75,000 Audience Favorite grant [3] - Encore Employment Enterprises Inc. received a $150,000 grant for its call-center training program aimed at older adults [5] - Four additional finalists each received $25,000 grants to implement their workforce solutions [6] Program Structure - Finalists participated in a six-month support and development program to refine their solutions and assess their needs [7] - The program provided access to a network of partners and mentors, along with learning modules for business modeling and scaling [7] - Each finalist was invited to participate in the annual Solve at MIT event, enhancing their exposure and opportunities [7] Event Details - The Inspire Awards ceremony took place on November 12, 2025, at the Carolina Theater in Charlotte [8][9] - The event featured notable hosts and presenters, including Truist Financial's leadership [9]
X @Andrew Tate
Andrew Tate· 2025-11-11 16:17
RT Tristan Tate (@TateTheTalisman)What is a poorlanthropist you ask?It is somebody who does nothing to help anybody ever. But they save the world by telling rich people what their hard earned money COULD have been spent on.For example although I spend millions per year helping people (something a poorlanthropist is both unwilling and unable to do) whenever I buy myself something nice they jump to the rescue with insightful takes such as;"20 grand for a lighter when there are kids starving?!""You're worried ...
Warren Buffett, 95, says becoming old is ‘not to be denied,' gives rare health update ahead of Berkshire Hathaway departure
New York Post· 2025-11-10 21:28
Core Insights - Warren Buffett, the 95-year-old chairman of Berkshire Hathaway, is preparing to step down as CEO, with Greg Abel set to take over at the end of the year [1][4][5] - Buffett expressed a positive outlook on his health despite acknowledging the challenges of aging, stating he still works at the office five days a week [2][4] - Buffett plans to increase his lifetime donations to his children, pledging approximately $1.3 billion in Berkshire Hathaway stock to family foundations [4][5] Leadership Transition - Greg Abel, currently the vice chairman of non-insurance operations, will succeed Buffett as CEO and will also take over the annual message to shareholders [7][8] - Buffett has confidence in Abel's capabilities, describing him as a great manager and honest communicator [8] Company Overview - Berkshire Hathaway owns over 60 companies, including notable brands like Geico, Duracell, and Dairy Queen, and has significant investments in major corporations such as American Express, Apple, and Coca-Cola [9] - Buffett has transformed Berkshire Hathaway from a failing textiles manufacturer into a global financial powerhouse [9][10] Philanthropic Commitment - Buffett has committed to transferring 99% of his estate to philanthropic causes, having begun this process in 2006 [10]
Read Warren Buffett's Thanksgiving shareholder letter — his last one as Berkshire Hathaway CEO
Business Insider· 2025-11-10 20:07
Core Insights - Warren Buffett expresses gratitude and shares reflections in his third annual Thanksgiving letter to Berkshire Hathaway shareholders, indicating a shift in communication style as he prepares to step down as CEO [1][3][5] Group 1: Personal Reflections and Relationships - Buffett reflects on his 64-year friendship with Charlie Munger and the connections formed in his hometown of Omaha, Nebraska [2][12] - He shares anecdotes from his childhood, highlighting the influence of local figures and experiences that shaped his life and career [6][11][25] Group 2: Philanthropic Plans - Buffett outlines his accelerated giving plan, converting 1,800 Class A shares into 2.7 million Class B shares, valued at approximately $1.35 billion, to fund charitable efforts led by his children [2][34] - He emphasizes the importance of his children being involved in philanthropy while they are still in their prime, aiming to ensure effective management of his estate [33][35] Group 3: Leadership Transition - Greg Abel is set to become the new CEO at the end of the year, with Buffett expressing confidence in his capabilities as a manager and communicator [4][41] - Buffett reassures shareholders about the future of Berkshire under Abel's leadership, noting that he has met high expectations and understands the company's operations well [40][48] Group 4: Business Outlook - Berkshire Hathaway's businesses are described as having moderately better-than-average prospects, with a few significant non-correlated assets [47] - The company is positioned to avoid devastating disasters and is managed with a shareholder-conscious approach, which is expected to benefit its long-term existence [48][49]
It Starts at Home: Redefining Social Responsibility | H.E. Maysa Alnuwais | TEDxAlBateen
TEDx Talks· 2025-11-07 15:54
Core Values & Philosophy - Giving is not about the amount but about the care, emphasizing responsibility towards others as a way of being [1] - Values travel faster than bloodlines, becoming a family's legacy when lived sincerely [2] - Compassion, when organized, can move an entire society forward [12] MAN's Role & Impact - MAN acts as a bridge between compassion and structure, connecting the government, private sector, and the wider community to address social challenges [2] - MAN works across four main sectors: health, education, social, and environment, focusing on areas where contributions can make the greatest difference [2] - MAN assesses projects based on whether they address a social challenge, are sustainable, and create measurable impact in people's lives [2] - MAN provides detailed impact reports and social return of investment analysis to show contributors what their contributions have achieved [3] Project Examples & Outcomes - A dialysis center was established through collaboration between a contributor, the health sector regulator, a health operator, and the government, serving hundreds of patients annually [2][3] - The intergenerational integration program addressed loneliness and isolation among senior citizens, leading to improved health stats [5][6][7][8] - The series showcased 15 projects through the lens of the beneficiary, contributor, and operator, demonstrating the impact of compassion and community collaboration [10][11] Call to Action - Every company, leader, and individual has a role to play in building a future shaped by compassion, contribution, and community [16][17] - Businesses should let profit create purpose, and individuals should recognize that every dirham and every hour matters [17] - Real change begins with sincerity, not the size of the contribution [17]
Berkshire Hathaway Inc.
Businesswire· 2025-11-06 23:28
Group 1 - Warren Buffett has expressed concern over fraudulent videos on YouTube that impersonate him, potentially misleading viewers who are unfamiliar with his actual voice [1] - Buffett has rarely made public comments since the last Berkshire shareholder meeting in May, with a press release scheduled for November 10 that will address philanthropy and other topics of interest to shareholders [2] - Berkshire Hathaway's third quarter earnings release and quarterly report on Form 10-Q will be available on November 1, 2025, at approximately 7:00 a.m. Central time [6] Group 2 - Berkshire Hathaway has announced a definitive agreement to acquire Occidental's chemical business, OxyChem, for $9.7 billion in an all-cash transaction, which is subject to customary purchase price adjustments [7]
X @Forbes
Forbes· 2025-11-06 22:00
Here are some of the biggest known givers to HBCUs among Forbes’ billionaires list: https://t.co/DYbLVR6bYz📸: Marcus Ingram via Getty Images https://t.co/z01qjMrlJw ...
MannKind Commemorates Alfred E. Mann’s 100th Birthday with New Scholarship Program Supporting Young Adults Living with Diabetes
Globenewswire· 2025-11-06 14:00
Core Points - MannKind Corporation, in partnership with Alfred E. Mann Charities and The Diabetes Link, launched the Centennial Al Mann Scholarship to honor the legacy of its founder Alfred E. Mann, distributing $100,000 in scholarship funds to support young adults living with diabetes pursuing higher education in life sciences [1][2][8] - The scholarship program aims to empower students aged 18-22 with type 1 or type 2 diabetes, providing up to $10,000 per recipient, distributed in annual installments of $2,500 [3][4] - The initiative reflects Alfred E. Mann's commitment to improving human life through medical advancement and philanthropy, continuing his vision of giving back to the community [2][5] Company Overview - MannKind Corporation is a biopharmaceutical company focused on transforming chronic disease care through innovative, patient-centric solutions, particularly in cardiometabolic and orphan lung diseases [6][7] - The company has a history of developing breakthrough medical devices and treatments, including the inhaled insulin product Afrezza, which was brought to market with a significant investment of nearly $1 billion by Alfred E. Mann [5][6] Partnership and Community Impact - The partnership with The Diabetes Link aims to expand access to higher education for young adults with diabetes, addressing the rising costs of college and easing financial burdens [5][12] - The Diabetes Link is a national nonprofit organization dedicated to empowering young adults living with diabetes through peer support and resources, envisioning a future where they thrive in their personal and professional lives [12]