#philanthropy

#philanthropy

PALO ALTO A home in a prestigious Palo Alto neighborhood has been bought for $40 million in cash, according to documents filed on Oct. 6 with the Santa Clara County Recorder's Office. Michael Rantz and Paula Rantz sold the residence at 330 Santa Rita Ave. in the Old Palo Alto district to Golden Coast Holdings Trust, whose trustee was listed as Douglas Christen, documents show. The 4,400-square-foot house has six bedrooms and four baths. It occupies a lot that totals about 0.2 acres.

Tate's plan to secure its future by building an endowment fund worth £150m by 2030 has sparked debate in the UK museum sector about whether such a funding model could sustain national and regional institutions long-term. Endowments are less widespread in the UK than in the US, where the top 45 museums hold such funds worth more than $40bn in aggregate, according to UpStart Co-Lab figures.

SAN FRANCISCO (KGO) -- Beloved House of Prime Rib owner and San Francisco icon Joe Betz has passed away at the age of 86. Born in 1939 in Germany, Betz arrived in the United States at 20 years old and bought his first restaurant in San Francisco eight years later in 1968. That restaurant was Hoffman's Grill, which was later designated a San Francisco landmark in 1981, before closing a few years later. Betz bought House of Prime Rib from its original owner, Lou Balaski, in 1985.

Though born into wealth, which she used in part to establish an unparalleled private art collection, Gund gave and gave and gave some more, promising many works to institutions, where they might be enjoyed by all, and selling others to raise money for political and social initiatives. By the time of her death, noted the New York Times, the first publication to report her passing, the cupboard was bare.

A prominent Orange County philanthropist and well-connected jeweler is now accused of bilking wealthy investors out of millions of dollars and then fleeing the country, according to a series of civil lawsuits filed over the past few months in both state and federal court. Moti Ferder, the co-founder and until recently CEO of Newport Beach-based Lugano Diamonds, is alleged to have defrauded more than 40 creditors out of hundreds of millions of dollars, according to more than a half-dozen lawsuits filed by multiple investors.

"Our 'why' is simple: to level the playing field in West Virginia and Appalachia," the Smiths said in a statement. "We hope this gift ensures that every student with the dream of an advanced degree has the opportunity and support to achieve it-while also showing what's possible for the future of higher education in our region and beyond."

When I was at the Wharton School, quantitative finance was in its infancy. Now, it is an essential discipline in this data-driven world,

You can't fake experience.

There are 1,135 billionaires living in the U.S., sitting on a collective nest egg of $5.7 trillion-but a select three uber-wealthy entrepreneurs make up nearly a fifth of the honeypot. Together, Elon Musk, Jeff Bezos, and Mark Zuckerberg account for nearly $1 trillion, amassing their fortunes through successful tech ventures. But few of these upper-class individuals are giving back through philanthropy-about a quarter of The Giving Pledge signers have known donations of less than $1 million in the last 10 years. Many are funneling billions through their own foundations in a "stealth giving" manner.

"It's never been about me," said Eggleton, adding that participating in the "Nevertheless: The Women Changing the World" documentary series on YouTube was her way of honoring her late mother, Geraldine, who inspired her to speak out and help others in her community.

Henrik Fisker, the founder of failed EV startup Fisker Inc., and his wife Geeta quietly wound down a private charitable foundation established in late 2021 that was supposed to "incubate innovation in healthcare, education, sustainability, mobility, and all causes that help support the planet and improve and further the lives of people and animals." A tax filing submitted to the Internal Revenue Service in December 2024 - six months after Fisker Inc. went bankrupt - was marked as the foundation's "final return."

George Soros exemplifies the profound impact that strategic global investing can have beyond pure financial returns. Having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, Soros represents 64% of his original fortune dedicated to global causes . His investment philosophy combines rigorous market analysis with a commitment to supporting democratic institutions and human rights worldwide.

Two cultural powerhouses are joining forces in a way that is set to redefine beauty campaigns. Legendary hair care brand Paul Mitchell has officially announced Paris Hilton-entrepreneur, global icon, and philanthropist-as its new Global Ambassador. The collaboration kicks off with a year-long, multi-channel campaign designed to celebrate beauty, confidence, and fearless reinvention. From glossy packaging updates to fresh product innovations, this campaign merges the legacy of Paul Mitchell with Paris Hilton's signature glamor.

When fame left him feeling empty, singer-songwriter Mike Posner set out to look for happiness. His plan: walk across America. What he didn't plan for: a venomous snake. About Mike Posner Mike Posner is a singer-songwriter with five studio albums. His pop single "I Took A Pill In Ibiza" was nominated for Song of the Year at the 2017 Grammys. In addition to his own music, Posner has written hits for some of the world's biggest artists, including Maroon 5 and Justin Bieber.

"This gift is an unprecedented investment in the millions of lives burdened with cancer, especially patients and families here in Oregon," said OHSU president Shereef Elnahal.

The third annual Aarón y Amigos presented by Cayman Jack is heating up Phoenix on September 26-27, 2025, offering food, flavor, and charitable impact in one unforgettable weekend.

Michael B. Fernandez recalls receiving a pound of ground beef with a note saying: We know you like dogs, marking an indirect threat against him.

Philanthropy has a once-in-a-generation opportunity to push AI to fulfill its potential to deliver enormous benefits to society by prioritizing ethical AI and impacting the nonprofit sector.

I just signed my extension with the Lakers. Excited to keep working to bring championships to LA and make Laker Nation proud.

The Marin Community Foundation sold more than 13.4 million shares in Figma's IPO, making it the largest selling shareholder, netting over $440 million.

All Within My Hands was established in 2017 by the members and management of Metallica and is dedicated to creating sustainable communities through workforce education, the fight against hunger, and other critical local services.

Ken Griffin's donation of $15 million will support the construction of a new five-story cancer center at Mount Sinai Medical Center in Miami Beach, aiding local cancer research and treatment.

"It is even more special that this is being awarded by the University of Sussex as this is the county in which I grew up and one which holds a special place in my heart."