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Charity Fundraising

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Philanthropist Laurene Powell Jobs is gearing up to invest $3.5 billion into climate-focused initiatives in the next 10 years. But if the donation patterns of her foundation continue, the public might never know where that money is going.

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SALT LAKE CITY (AP) — Apple CEO Tim Cook and retired NBA All-Star Dwyane Wade joined Utah leaders Wednesday to announce the completion of a local advocacy group's campaign to build new homes that provide services for LGBTQ youth in the U.S. West.

A spotlight that has been thrown on how many of the rich and powerful shield their wealth is also intensifying a fear among philanthropy experts: That the tax havens being used by the wealthy will increasingly siphon money away from charitable causes.

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In a year beset with a global pandemic and other crises, the vast majority of wealthy households — 88% — gave to charity in 2020, according to a study from Bank of America and the Indiana University Lilly Family School of Philanthropy.

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NEW YORK (AP) — Global Citizen Live, a 24-hour concert that featured performances from Stevie Wonder, Jennifer Lopez, BTS and Elton John and dozens of other stars, raised more than $1.1 billion in commitments and pledges over the weekend to fight extreme poverty.

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