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philanthropy

May 7, 2015

With 15 million registered students, 12 million average monthly visitors to its website, 900,000 registered teachers and over 3 billion exercises completed, Khan Academy is a nonprofit organisation on a mission to provide a free, world-class education for anyone, anywhere. As the founder and executive director of Khan Academy, Sal Khan has a legitimate claim to being a true modern revolutionary of education. CampdenFB spoke to Sal after his keynote address at IPI’s 2015 Winter Forum in San Francisco.

The old school tie: alumni philanthropy

January 16, 2015

Education is one of the top causes that wealthy families donate to globally, with many high-profile examples of significant donations being made to tertiary institutions. But is donating to a top university or your alma mater beneficial for society as a whole, or just an elite few?

Star power: apl.de.ap on education-based philanthropy

January 13, 2015

Looking for education initiatives beyond the traditional tertiary sector, but not sure where to direct your efforts? Popstar-turned-philanthropist Apl.de.ap shows one way to affect change in education from the ground up

By any standards, it is a remarkable achievement to co-found a multi-million dollar selling international pop act that wins half a dozen Grammy awards. To do this when you have a severe sight problem, nystagmus, and after you were brought up as one of seven children by a single mother in the Philippines, is little short of extraordinary.

Top investor donates $65 million to theoretical physics

October 24, 2014

Charlie Munger, one of the world’s top investors and vice chairman of Berkshire Hathaway, has made a significant gift to theoretical physics, donating $65 million to the University of California Santa Barbara.

The gift, the largest in the university’s history, will contribute to a residence for visiting scientists with informal living and work areas to foster impromptu discussion.

Ikea Foundation aims to raise awareness of gender-based abuse

October 10, 2014

The Ikea Foundation, connected to the eponymous family-controlled furniture empire, is to fund a documentary series aimed at drawing attention to discrimination and abuse against women.

The Ikea Foundation, connected to the eponymous family-controlled furniture empire, is to fund a documentary series aimed at drawing attention to discrimination and abuse against women.

The foundation will be funding A Path Appears, produced by the Half a Sky Movement – the second time it has donated to a documentary produced by the women’s rights organisation. It will donate €1.12 million to its development.

Family office makes biggest single donation ever to Harvard

September 8, 2014

A Hong Kong family office’s $350 million (€270.4 million) gift to the Harvard School of Public Health will help address pandemics like Ebola, the school’s dean says.

A Hong Kong family office’s $350 million (€270.4 million) gift to the Harvard School of Public Health will help address pandemics like Ebola, the school’s dean says.

The gift by the Morningside Foundation, the philanthropic arm of family office Morningside Group, is the largest single gift in the Ivy League institution’s history.

Footloose philanthropy

September 4, 2014

The phenomenon of travel philanthropy is promising to put some adventure back into charity, but who benefits most – the recipient of the donor?

Chinese philanthropist couple slammed online for Harvard donation

July 25, 2014

A Chinese billionaire couple has been condemned on social media for not supporting tertiary education in their home country after creating a scholarship for disadvantaged students to study at elite institutions abroad.

Packer family’s $200m fund inspired by parents’ giving

July 24, 2014

The daughter of the late Australian media mogul Kerry Packer has said her parents were the inspiration behind an AU$200 million charitable fund, launched by the family this week.

The daughter of the late Australian media mogul Kerry Packer has said her parents were the inspiration behind an AU$200 million (€140 million) charitable fund, launched by the family this week.

Gretel Packer, head of the family’s foundation, announced the National Philanthropic Fund will distribute $20 million yearly for the next decade.

The charitable fund will distribute half its money to indigenous education and community welfare, with the remainder going towards the arts.

UK foundations increase giving despite drop in donations

May 6, 2014

The UK's largest charitable foundations increased their giving by 10% over the 18 months to March 2013, according to the Association of Charitable Foundations (ACF), despite falling public and corporate donations.

Foundation Giving Trends found charitable giving by foundations grew by £271 million to £2.4 billion, accounting for 14% of total private charitable giving, while income fell by approximately the same amount.