University of Chicago: Why did John D. Rockefeller call the University of Chicago his best investment? world news
Industrialist John D. Rockefeller revolutionized philanthropy when he placed conditions on donations to the University of Chicago requiring local financial support. This strategic approach promotes accountability and community engagement, turning seed…
Wealthy families now embrace a “family constitution” that not only regulates money matters but also a value system
MUMBAI: A growing number of India’s wealthy families, driven by their younger members, are adopting a “family constitution” that sets out principles that govern wealth creation, philanthropy, succession planning and the family’s…
From Chile to Indonesia: Your donated clothes could end up thousands of miles away in deserts and coastlines | World News
Clothing waste in Chile’s Atacama Desert. Throwing unwanted clothing into a donation vault often feels like one of the easiest eco-friendly choices a person can make. It recommends reuse rather than waste, generosity rather than landfilling. In…
New Queen Elizabeth II charity brings UK communities together
The UK government in London will mark the centenary of the birth of the late Queen Elizabeth II this month by setting up a new independent charity that will work to bring communities across the country together and deliver on her lifelong commitment to…
Blackstone founder Stephen Schwarzman plans to donate his entire $48 billion fortune to a major philanthropic foundation | World News
Stephen Schwarzman, co-founder and chief executive of global investment firm Blackstone, is preparing to transfer much of his estimated $48 billion personal fortune to a charitable foundation, according to documents reviewed by The Wall Street Journal.…