Philanthropy
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X @Elon Musk
Elon Musk· 2025-07-16 18:25
RT Larry Ellison (@larryellison)The Ellison Institute of Technology – https://t.co/Lb2rfu1pIfYears ago, along with Bill Gates, Warren Buffett and others, I declared support for the Giving Pledge—because I believed and continue to believe that practicing philanthropy by giving to nonprofit organizations that pursue public good is important. But there are additional ways that I would like to invest my time and resources in giving back to the world we share. Recently, my family founded a new technical institut ...
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]
Seeing with New Eyes! | Jacqueline Asiimwe | TEDxEntebbe
TEDx Talks· 2025-07-11 15:29
Mission and Values - Civource Africa aims to tell the stories of African philanthropy and enable people to see themselves as philanthropists [5][6] - The organization emphasizes that generosity is a circular practice within communities, not a one-way flow [7] - Civource Africa highlights the importance of recognizing and naming African ways of giving in the global narrative [6] Initiatives and Activities - Civource Africa started a podcast called "Community" to share stories of generous individuals and explore the impact of events like COVID-19 on community [7][8] - The organization compiled a book called "Proverbs on African Giving and Generosity" to showcase the prevalence of generosity in everyday life [9][10] - Civource Africa hosts a "Gathering of Givers" fellowship to celebrate generosity and foster connections among givers [10][11] Broader Perspective on Generosity - Civource Africa broadens the definition of generosity to include acts of activism and defending democracy [12] - The organization encourages people to recognize the numerous ways in which individuals are generous [11][13]
'Big beautiful bill' changes the tax code on charitable giving: Here's what to know
CNBC Television· 2025-07-09 11:50
Charitable Giving Landscape - Charitable giving reached a record $590 billion in the past year, primarily driven by stock market wealth [2] - Tax changes could cause a significant shift in who gives and how much [2] Tax Law Changes - New charitable deduction of up to $1,000 for individuals and $2,000 for married couples taking the standard deduction [3] - Itemizers, mainly the wealthy, will not be able to deduct the first 0.5% of their gross income given to charity [3] - Deduction limits for those in the top tax bracket allow claiming only a 35% tax deduction for charitable gifts, down from 37% [4] Impact Assessment - Supporters believe the changes will encourage more giving by everyday Americans [4] - Others estimate the changes will reduce overall giving by more than $8 billion [4]