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From: Philanthropy Today
Subject: Young Fundraisers Bring Passion, Question Everything
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The country’s most generous philanthropists stepped up their giving by 14 percent last year, while their collective wealth grew by 18.5 percent, according to Forbes’s annual listing. In absolute terms, Warren Buffett has been the most generous lifetime giver, with donations totaling $62 billion, or 30 percent of his fortune. He gave away $5.3 billion last year. Bill Gates and Melinda French Gates have donated $47.7 billion separately and combined, or 26 percent of their combined net worth, throughout their lives. The foundation they shared until mid-2024 spent $8.6 billion last year. George Soros has given away the largest share of his wealth over his lifetime, 76 percent. (Forbes — subscription)
The Justice Department has rescinded a stop-work order it issued for nonprofits that help prepare migrants for immigration court, after a coalition of groups sued the federal government Friday. The program, which has had bipartisan support, gets $29 million annually to explain the complicated system of immigration courts, help fill out forms, translate, and provide other services. Its supporters say it not only aids immigrants but also helps a clogged system run more efficiently. (Associated Press)
Nonprofits Cope with Funding Freezes and Uncertainty
Opinion
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