Musk's haphazard philanthropy is under scrutiny
Elon Musk is notoriously skeptical of charity, preferring to focus on his for-profit ventures, which he believes will offer more transformative change for the world.
Source: cnn.com
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Tax Breaks Or True Giving? Inside Elon Musk's Musk Foundation
Elon Musk's Foundation draws criticism for prioritizing tax benefits and aligning donations with personal interests.
Source: ibtimes.com
As Lilly stock skyrockets, endowment gifts surge – Indianapolis Business Journal
In recent weeks, the Indianapolis-based philanthropy has been unveiling a flurry of gifts at the $100 million level or higher.
Source: ibj.com
Indiana not-for-profits pulled in $348.7 million in big gifts in 2023 – Indianapolis Business Journal
Universities, hospitals, museums, theaters, dance companies and other not-for-profits in Indiana pulled in a total of $348.7 million from 79 gifts of $1 million or more from individuals, family foundations and bequests, according to IBJ’s latest survey.
Source: ibj.com
Caltech Lands Unusual $400 Million Donation From Alum To Fund Science Professors–But Only At Other Universities
Engineer Ross M. Brown, who built and sold an industrial conglomerate for more than $400 million, is donating nearly all his wealth to promising mid-career chemistry and physics professors at a range of universities.
Source: forbes.com