The F.B. Heron Foundation has attracted attention with its effort to put all of its investments and grants into projects and companies that fight poverty.
The Philanthropy 50
Among the five top philanthropists last year, three were couples under 40.
But even with $1.1-billion in new gifts from young billionaires on the Philanthropy 50 list, megaphilanthropy last year remained below levels seen before 2007's economic shock.
How America Gives
America's Top Donors
Search The Chronicle's database of gifts of $1-million or more made by individuals to charitable institutions.
The two music producers gave $35-million each to start a program to help students become entrepreneurs.
- Charities Want to Know Why Grants Are Awarded, Says Survey
- Rockefeller Pledges $100-Million to Help 100 Cities Cope With Crises
- Businessman Gives $110-Million to Help Graduate Students
- Chinese University Gets $100-Million and Help Raising More
The number of billionaires committed to giving away their wealth has edged up to 114. The new donors include people with backgrounds in apparel, finance, politics, real...
But grant makers didn't increase their spending on aid to minorities and the vulnerable, the National Committee on Responsive Philanthropy has found.
Ideas & Advice
While 77 percent of donors have taken steps to simplify things, fundraisers say they don't feel much of a change, a new study finds.