fund

Worlds largest sovereign wealth fund loses $30 billion in Q3 as bond returns fall

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Norway’s $2.3 trillion sovereign wealth fund reports a $29.7 billion loss in Q3 2026. (Pexel)

Norway’s sovereign wealth fund, the largest in the world, reported a loss of nearly $30 billion in the third quarter of 2026. The loss came as rising interest rates reduced the value of its bond investments. Norway’s $2.3 trillion sovereign wealth fund reports a $29.7 billion loss in Q3 2026. (Pexel) The fund recorded a … Read more

In 2004, Michael Douglas donated $1 million to fund UCSBs planned film and media center for students and researchers

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UCSB alumnus Michael Douglas donated $1 million in 2004 to support a proposed center connecting film and media studies, creative work, and public engagement. The project later developed into the Carsey-Wolf Center, whose Pollock Theater opened in 2010. (Getty Images via AFP)

Movies can entertain audiences, preserve memories, and offer new perspectives on the world. In 2004, the University of California, Santa Barbara, announced plans for a center that would bring creative work, academic research and public engagement together. Actor and producer Michael Douglas donated $1 million to help fund the proposed Center for Film, Television and … Read more

Trump White House ballroom donor list revealed: Apple, Nvidia, Google among top contributors to $333 million fund

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A list obtained by The Washington Post shows who donated to President Donald Trump’s White House ballroom project. (AP Photo)

The top donors to President Donald Trump’s White House ballroom project have come out. According to The Washington Postmany of the donors have had contracts with the federal government during Trump’s second term. A list obtained by The Washington Post shows who donated to President Donald Trump’s White House ballroom project. (AP Photo) The list … Read more

In 2020, Jeff Bezos pledged $10 billion for climate action; by 2026, his Earth Fund had awarded $63.3 million toward Pacific-led ocean protection

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Jeff Bezos' Earth Fund pledged $10 billion for climate action, with over $25 million invested in protecting the Pacific Ocean. (AFP)

Climate news can feel like a never-ending loop of bad updates, and one might wonder if big promises ever turn into real action. This pledge might be worth a closer look. In 2020, Jeff Bezos pledged $10 billion to fight climate change. Six years later, his Earth Fund has invested more than $25 million to … Read more

In 2016, Serena Williams helped fund and build a school in Jamaica alongside charity partners and volunteers; the Salt Marsh project was designed to give 80 preschool children access to free education

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In 2016, Serena Williams helped fund and build a school in Jamaica alongside charity partners and volunteers; the Salt Marsh project was designed to give 80 preschool children access to free education

Photo credit: Helping Hands Jamaica In February 2016, Serena Williams traded the tennis court for a construction site in Jamaica, joining charity partners, local workers and volunteers to help build the Salt Marsh Basic School in Trelawny. The project was created to give young children access to free early education in a community where such … Read more

Father left $21 million in a charitable fund; son sought a $1 million donation but his access was cut off by the foundation

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Father left $21 million in a charitable fund; son sought a $1 million donation but his access was cut off by the foundation

Philip Peterson, left, with his father Gordon in 2015. Image Credit: CNBC A $21 million charitable fund is at the centre of a legal dispute after Philip Peterson, the son of its founder, alleged that WaterStone cut off his access and stopped acting on his recommendations. The fund was created by Gordon Peterson in 2005 … Read more

In 1999, Pennsylvania teacher Ronald Sakolsky donated $5,000 to farmer Yin Yuzhen to fund her tree-planting efforts in Inner Mongolia; 27 years later, his contribution helped transform China’s Maowusu Desert into a forest of 50,000 trees

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In 1999, Pennsylvania teacher Ronald Sakolsky donated $5,000 to farmer Yin Yuzhen to fund her tree-planting efforts in Inner Mongolia; 27 years later, his contribution helped transform China’s Maowusu Desert into a forest of 50,000 trees

Pennsylvania teacher Ronald Sakolsky’s $5,000 donation helps transform China’s desert into a forest of 50,000 trees. (Photo: Getty Images) Ronald Sakolsky, a 69-year-old retired teacher from Pennsylvania, recently returned to China for the first time in 26 years and was stunned to see what had become of the once-barren landscape he had helped support. A … Read more

Priscilla Chan gave $1.48 million to a Hawaii hospital through Chan Zuckerberg Initiative; it will fund an MRI and 3D mammography machine

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Priscilla Chan gave $1.48 million to a Hawaii hospital through Chan Zuckerberg Initiative; it will fund an MRI and 3D mammography machine

Dr. Priscilla Chan and her husband, Meta CEO Mark Zuckerberg, have donated $1.48 million to Wilcox Medical Center in Līhuʻe, Hawaii, to expand advanced imaging services for patients on Kauaʻi. The donation will fund a mobile MRI unit and a new 3D mammography machine, as well as renovations needed to install the mammography equipment. The … Read more

In 2008, wind turbines arrived in Iowa’s Howard County; by 2024-25, 147 turbines generated $2.71 million in taxes and helped fund 30+ bridge projects and 20 miles of paving

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In 2008, wind turbines arrived in Iowa's Howard County; by 2024-25, 147 turbines generated $2.71 million in taxes and helped fund 30+ bridge projects and 20 miles of paving

When wind turbines first appeared across Howard County in northeastern Iowa in 2008, they became part of the rural landscape. Nearly two decades later, the towering structures have become something more than a source of renewable energy. For the county, wind power has also become a major source of public money, helping pay for bridges, … Read more

San Francisco’s long-delayed Candlestick Point project finally breaks ground; $130 million first phase will fund roads, utilities and infrastructure for 7,200 homes across 270 acres

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San Francisco’s long-delayed Candlestick Point project finally breaks ground; $130 million first phase will fund roads, utilities and infrastructure for 7,200 homes across 270 acres

San Francisco’s long-delayed Candlestick Point redevelopment is finally moving forward, with a $130 million first phase funding roads, utilities and infrastructure. (Photo: Daniel Lurie/ZUMAPRESS.com) After years of stalled plans, changing economic conditions and an abandoned shopping mall proposal, construction has officially begun at San Francisco’s Candlestick Point.Mayor Daniel Lurie announced Wednesday that the first phase … Read more