Soros, known to regularly support Democratic congressional candidates and attorney generals, has donated $1 million to racial justice organisation Colour of Change PAC. The organisation, which supports the defunding of the police following the killings of George Floyd, Breonna Taylor, and many others, has called itself the United States’ largest online racial organisation. The $1 […]
The agreement allows Bill and Melinda Gates a two-year trial, after which Melinda could step back from the organisation if the pair are unable to co-operate effectively. The agreement stated that Melinda would receive personal resources from her ex-husband to continue her own charity work. The Gates Foundation is the largest private body of its […]
In a statement released on June 23, the 90-year old billionaire said: “Society has a use for my money; I don't." Within the statement, he also announced he would be stepping down as a trustee of the Bill and Melinda Gates Foundation. This latest $4.1 billion donation takes Mr Buffett half of the way to […]
On Tuesday, Longyan’s city government education bureau said that Zhang Yiming, founder of multinational internet technology company ByteDance, will donate $77.35 million to the southeastern Chinese city for education. Zhang Yiming’s move is part of a wider trend by Chinese tech billionaires, who are keenly making donations, especially in education, amid a sudden and unprecedented […]
American novelist and philanthropist MacKenzie Scott has donated $2.7 billion to 286 charitable organisations. Turning to her blog, Scott said she wanted to give the money to neglected and marginalised groups: “Because community-centered service is such a powerful catalyst and multiplier, we spent the first quarter of 2021 identifying and evaluating equity-oriented non-profit teams working in […]
The responsibility of building a global response to climate change rests on big business. Even those not involved in the energy sector must overhaul the way they operate to create a real change.
Major companies are uniquely placed to provide support for smaller entities in a crisis. Doing so is not only morally responsible, but better for all businesses in the long run.
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