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+2 +1
Did Mark Zuckerberg's $100 million really help Newark's schools?
In 2010, Mark Zuckerberg made headlines by donating a staggering $100 million to the Newark public school system — but four years later, how much good has the big-ticket donation actually done?
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+15 +1
The $13 Billion Mystery Angels
Who is funding the fourth-largest charity in the U.S.?
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+6 +1
Alibaba's founders set up charitable trust seen valued at $3 bln
The founders of Chinese internet company Alibaba Group Holding Ltd have set up a charitable trust focusing on the environment and health that could be worth as much as $3 billion, making it one of the biggest in Asia.
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0 +1
African Poachers Beware: Billionaire Brandishes His Wallet
On a visit to Tanzania, Howard G. Buffett, the elder son of American investor and philanthropist Warren Edward Buffett, Thursday pledged to provide a helicopter for surveillance of poachers in the Selous Game Reserve. Through the Howard G. Buffett Foundation, a private foundation in the United States that he heads, the American billionaire also will support capacity building and anti-poaching efforts in Tanzania
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+22 +1
Why giving away our wealth has been the most satisfying thing we've done
In 1993, Bill and Melinda Gates—then engaged—took a walk on a beach in Zanzibar, and made a bold decision on how they would make sure that their wealth from Microsoft went back into society. In a conversation with Chris Anderson, the couple talks about their work at the Bill & Melinda Gates Foundation, as well as about their marriage, their children, their failures and the satisfaction of giving most of their wealth away.
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+21 +1
The Super-Rich Want to Help The Poor As Long As They Get to Run the World
Billionaires like Warren Buffett are obsessed with helping the bottom rung of society—but only because they’re so rich and powerful it won’t threaten their control of the economy.
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+19 +1
Haiti's Shadow Sanitation System
Russell Leon works under the cover of darkness as part of a small crew sworn to secrecy. He is a bayakou, a manual laborer who empties the cesspools that collect deep bogs of human waste under Haiti’s back-yard latrines. In a country with no working sewers and roads that are often too ramshackle for tanker trucks, he is the sanitation infrastructure, charged with climbing down into concrete or earthen holes and scooping out the ordure with a plastic bucket.
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+25 +1
Lady Gaga’s charity short on actual charity
The nonprofit — which took in $2.65 million in revenue — paid out a staggering $406,552 for legal fees, $300,000 for “strategic development” and $150,000 for “philanthropic consulting,” the latest filings show. Total expenses came to $1.85 million. Among all that, the foundation paid out a single $5,000 grant.
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+20 +1
My 13-Year Effort to Save a Boy in Haiti
As a teenager, I began sponsoring a poverty-stricken boy in the Caribbean. Twelve years and thousands of dollars later I flew down to meet him—and to learn if my efforts did any good at all.
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+17 +1
Why the Rich Aren’t Good at Giving
Philanthropy can be a difficult subject. The simple view is that any giving is a laudable sacrifice. But there is a more complex view that weighs a charity’s mission and the giver’s self-interest before assigning praise or gratitude.
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+10 +1
Newtown School Shooting Charity Is Missing $70,000
A co-founder of a Tennessee-based charity to support the victims of the Sandy Hook Elementary School shooting told the Associated Press that she cannot account for more than $70,000. Ryan Graney, who created the 26.4.26 Foundation along with Robbie Bruce, said the group collected $103,000 but only distributed $30,000, to a non-profit youth sports center in the city of Newtown, Conn. where the shooting happened in Dec. 2012.
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+17 +1
Pope Francis lambasts the rich and reminds the world of what matters most
The applause of the pilgrims he can take for granted. But when Pope Francis receives veiled threats from the Calabrian Mafia and American billionaire investors such as Kenneth Langone, he can be pretty sure he is making an impact.
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+13 +1
Boss selling restaurant to save employee with brain tumor
Along Highway 105 in Montgomery, you'll find the Kaiserhof Restaurant and Wunderbar. You'll also find a waitress extraordinaire named Brittany Mathis. "I have my good days and my bad," said Mathis. The 19-year-old employee doesn't look or sound sick, but she is - and everyone at the authentic German restaurant knows it.
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+15 +1
Bill Gates preaches the aid gospel, but is he just a hypocrite?
The world's richest man is seen as a secular saint. But he should question the example that Microsoft is setting by avoiding tax
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+19 +1
Bill Gates told that his charity pledge is ‘worthless’
Bill Gates is the richest person in the world — but one retired New York hedge-fund mogul thought the software pioneer’s Giving Pledge was “practically worthless.” Robert W. Wilson, a well-known philanthropist who had given away $600 million of his fortune as of 2013, abruptly turned aside Gate’s 2010 request that he sign the Giving Pledge.
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+16 +1
Zuckerberg tops list of US philanthropists
Facebook founder Mark Zuckerberg topped the list of US philanthropists who opened their cheque books to make big donations in 2013, with his gift of almost $1 billion to a Silicon Valley charity.
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+12 +1
Tycoon Robert Wilson gives away $800 million fortune before jumping to death
A renowned Wall Street tycoon gave away his entire $800 million fortune before falling to his death in a suicide jump this week. Hedge fund multi-millionaire Robert W. Wilson, 87, leapt from the 16th floor of his luxury San Remo apartment building, a prestigious address in New York’s Upper West Side which has been the residence of Steven Spielberg, Demi Moore, Glenn Close, Dustin Hoffman, Bono, Steve Martin, Bruce Willis and Steve Jobs in the past.
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+16 +1
The Gates Foundation's Hypocritical Investments
With an endowment larger than all but four of the world’s largest hedge funds, the Bill & Melinda Gates Foundation is easily one of the most powerful charities in the world. According to its website, the organization “works to help all people lead healthy, productive lives.” So how do the investments of the foundation’s $36 billion investing arm, the Gates Foundation Trust, match up to its mission? We dug into the group’s recently released 2012 tax returns to find out.
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+15 +1
Layaway Santa Picks Up Tab Again
The spirit of giving is in full swing this season as the act of paying off layaway plans for strangers has gone from novelty to trend. The most recent display of generosity was in the Dallas suburb of Granbury, Texas, when a secret Santa walked into the local Walmart and paid off the store’s entire list of layaway accounts.
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+14 +1
Calgary man says he’ll donate entire $40M lottery win to charity
A Calgary man who won a $40-million lottery jackpot says he will donate every cent to charity. Tom Crist found out that he’d won the Lotto Max jackpot in May, but did not claim it until Monday. For months, he didn’t tell anyone about his big win – not even his kids.
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