Resisting his father’s pleas to join the family tobacco business, Mr. Cullman made a fortune on his own, and, with his wife, proceeded to give it away. Source: NYT > Business – Robert D. McFadden
Herb Sandler, Banker Who Financed ProPublica, Dies at 87
The investigative journalism group was just one cause backed by Mr. Sandler and his wife, Marion, who built a banking giant and then gave millions away. Source: NYT > Business – Neil Genzlinger
Lawsuit Could Cool a Fast-Growing Way of Giving to Charities
The suit sheds light on concerns around donor-advised funds, which disburse money over time but offer an immediate tax deduction. Source: NYT > Business – Paul Sullivan
How One Woman Is Fighting Food Insecurity In L.A.’s Low-Income Communities
“South Central is home to 1.3 million residents and just 60 grocery stores,” writes Olympia Auset, owner of an affordable organic grocery service and pop-up shop, SÜPRMARKT, on her IndieGoGo page where she’s raising funds to open her first brick and mortar. “Health disparities kill more people than anything else in our country and 24 million […]
MacKenzie Bezos Owns $36 Billion in Amazon Shares. Now She Is Vowing to Give Away Much of Her Wealth.
After her divorce from the Amazon founder and chief executive Jeff Bezos was announced earlier this year, Ms. Bezos has pledged away more than half of her wealth in committing to the Giving Pledge. Source: NYT > Business – Sandra E. Garcia
MacKenzie Bezos Promises to Give More Than Half of Her Fortune to Charity
After her divorce from the Amazon founder and chief executive Jeff Bezos was announced earlier this year, Ms. Bezos has pledged to give away much of her fortune. Source: NYT > Business – Sandra E. Garcia