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Why the racial wealth gap hitting Black American billionaires matters

Why the racial wealth gap hitting Black American billionaires matters The inequality represented even at the highest echelons of affluence reflects how a dearth of Black super-wealth can have a ripple effect on the rest of society. By Kimberly Atkins Globe Staff,Updated April 8, 2021, 5:52 p.m. Email to a Friend Producer, actor, filmmaker, and author Tyler Perry is 2,674 on Forbes list of billionaires.Amy Sussman/Amy Sussman/Invision/AP An extraordinary thing happened during the year the COVID-...
United States Michael Jordan Oprah Winfrey David Steward George Soros Kanye West

Educational Philanthropy Gets Ethical Update

Educational Philanthropy Gets Ethical Update March 16, 2021 The standards, guidelines and definitions for reporting the results of educational philanthropy around the world have been updated with new guidance on gift counting, a new definition of educational philanthropy and for the first time, a statement on ethics. The Council for Advancement and Support of Education (CASE) released the CASE Global Reporting Standards. For the first time since its initial publication in 1982, the standard...
United States New Zealand United Kingdom Matthew Eynon Brian Hastings Cara Giacomini

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Giving to colleges flattens without Bloomberg gift in 2020, ending decade of growth

AndreyPopov/iStock/Getty Images Donor-advised funds were a major source of fundraising for colleges and universities, according to an annual report released Tuesday. Charitable giving to colleges and universities was essentially flat in the 2020 fiscal year despite the pandemic. For the first time in a decade, total giving to higher education institutions fell slightly, from $49.6 billion to $49.5 billion, according to the Council for Advancement and Support of Education’s latest annual giv...
Ann Kaplan Michael Bloomberg Una Osili Johns Hopkins University Indiana University Council For Advancement

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