The full list below can be sorted by the category of mission-for example, domestic needs, international needs, health or environmental. Government grants, payments for services and investment returns don’t count, though each organization’s total revenue is noted. The rankings are based solely on private contributions. Our list reflects the most recently reported fiscal year for each charity. Congress also helped boost giving with an additional temporary charitable tax break. tax code favors donations of appreciated stock. In addition to Covid, the stock market’s strong performance in 20 contributed to the surge in giving the U.S. 100-was $181 million in donations, up from $167 million in 2021. Combined with the 10% increase the 100 posted last year, this marks the highest two-year gain in the 24 years that Forbes has been putting together this list. In a country with more than one million nonprofits, they received one-eighth of all charitable giving. Overall, the nation’s top 100 charities took in a combined $58.8 billion in private donations in their most recently reported fiscal years, an 8% increase. A record 11 regional food banks also made the list this year. Much of that haul reflects donated food from large corporations, but it also received cash from more than 750,000 individual donors, reflecting a pandemic heightened awareness of food insecurity in the U.S. It posted $4.06 billion in donations, a 47% increase in its two fiscal years overlapping the pandemic. 1 on Forbes’ annual top charities list: Feeding America, the Chicago-based umbrella that helps supply a network of more than 200 U.S. and Israeli researchers.N the wake of Covid-19, there’s a new No. Zuckerman Scholars Program in STEM Leadership to bolster collaboration between top U.S. Mortimer Zuckerman, a cofounder of Boston Properties, a real-estate investment trust, donated $100 million to create the Mortimer B. Robert King, founder of Peninsula Capital, and his wife, Dorothy, pledged $100 million to Stanford University, for scholarships for students from underdeveloped countries. Netflix founder, Reed Hastings, gave $100 million to the Silicon Valley Community Foundation, to establish the Hastings Fund. Allen Frontiers Group.īillionaire Phillip Frost, a physician and pharmaceutical company executive, and his wife, Patricia, pledged $100 million to the University of Miami, to support applied sciences and engineering.ĭavid Geffen, a cofounder of DreamWorks Studios SKG and founder of Geffen Records, pledged $100 million to the Museum of Modern Art in New York, to renovate and expand the museum. Microsoft cofounder Paul Allen pledged $100 million to establish the Paul G. Sanford Weill, chairman emeritus of Citigroup, and his wife, Joan, donated $185 million to the University of California at San Francisco, to start the Weill Institute for Neurosciences.įacebook COO Sheryl Sandberg donated $107.2 million to the Fidelity Charitable, for the Sheryl Sandberg & Dave Goldberg Fund. Legendary investor and Berkshire Hathaway vice chairman Charlie Munger pledged $200 million to the University of California at Santa Barbara, for new student housing. Ellison Institute for Transformative Medicine. Oracle founder, Larry Ellison, made the list as well, pledging $200 million to the University of Southern California, to establish the Lawrence J. Cohen, whose net worth FORBES estimates at $13 billion, built his wealth in hedge funds.įacebook founding president, Sean Parker, makes an appearance on the list of top donors of 2016, with a $250 million gift to establish the Parker Institute for Cancer Immunotherapy. Steven Cohen and wife Alexandra pledged $275 million last year to start the Cohen Veterans Network to provide mental-health services to former service members and their families. (AP Photo/Carolyn Kaster)īloomberg also made another $300 million donation to The Johns Hopkins University, Bloomberg School of Public Health, to establish the Bloomberg American Health Initiative. Former New York City Mayor Michael Bloomberg made more than one large charitable donation in 2016.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |