EXPLAINED: 11 | Rare Historical Photos

FTX bankruptcy is bad news for the charities that crypto mogul Sam Bankman-Fried generously supported

FTX, an exchange for trading cryptocurrencies, quickly became bankrupt and defunct in November 2022. Its founder, Sam Bankman-Fried, is broke, and the 30-year-old former billionaire could be in serious legal trouble for his alleged financial improprieties. The Conversation asked Brian Mittendorf, an accounting scholar at The Ohio State University, to…

The Conversation · Nov 16, 2022

Jeff Bezos steps up 'flashy' giving while ex-wife quietly donates billions

Jeff Bezos' $100 million award to Dolly Parton is something of a puzzle to Phil Buchanan, president of the Center for Effective Philanthropy.

Tribune News Service · Nov 15, 2022

MacKenzie Scott donations avoided feared pitfalls: New study

MacKenzie Scott’s big gifts have been a boon to the charities who received them, and widespread fears in the nonprofit world that her gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle them were largely unfounded

The Independent UK · Nov 15, 2022

People react to Jeff Bezos’ pledge to give away most of his $124bn fortune: ‘You don’t have to pledge’

The Amazon founder says the ‘hard part is figuring out how’ to give away his immense fortune

The Independent UK · Nov 14, 2022

Jeff Bezos vows to give away most of fortune – and hands Dolly Parton $100m

Amazon founder wants to donate much of $124bn wealth to causes such as climate crisis and world unity

The Guardian - UK · Nov 14, 2022

Chicago nonprofit that helps people with disabilities gets $8 million gift from MacKenzie Scott

Scott, the ex-wife of Amazon founder Jeff Bezos, has donated more than $12 billion in just three years.

Chicago Sun-Times · Nov 3, 2022

How one bakery is celebrating Dia de los Muertos, Madigan’s quiet arraignment and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times · Nov 1, 2022

Chicago Urban League receives ‘transformational’ $6.6M donation

The gift from philanthropist MacKenzie Scott will be used to retire debt and upgrade the organization’s Bronzeville headquarters, the league’s local branch CEO says.

Chicago Sun-Times · Nov 1, 2022

Jeff Bezos gets philanthropy award at Vatican even as ex-wife gives away more of her fortune

Ex-wife MacKenzie Scott giving away her billions at a faster clip, according to observers

The Independent UK · Oct 21, 2022

First Thing: Biden implores US oil companies to pass on record profits

President announces release of 15m barrels of oil from strategic reserve as he fights to keep gas prices in check before midterms. Plus, why spending time with strangers can make you happy

The Guardian - UK · Oct 20, 2022