U.S. hedge fund manager Ackman makes $10 mln charity donation
By Svea Herbst-Bayliss (Reuters) – William Ackman is putting his money where his mouth is.
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Despite 2014 wins, Herbalife profit eludes Ackman
Indeed, he is so confident Pershing Square will start reeling in the profits from its Herbalife trade that he plans to donate $10 million — pegged to his future Herbalife profits — to TheDream.US, a charitable organization.
Scene Last Night: In Battle of the Galas, One Triumph
By Amanda Gordon (Bloomberg Businessweek) – Welcome to the battle of the galas. In one corner: New York City Center, for 70 years a Midtown theater with two stages and Moorish decor left over from its original tenant, the Shriners, who built the place in the 1920s.
Shifting role for foundations
By Theresa Agovino (Crain’s New York Business) – When Clara Miller took over the F.B. Heron Foundation, which focuses on fighting poverty, she was unhappy with what she saw. Not only were U.S. poverty rates stubbornly high, but income inequality also was on the rise.
Meet the Practice Makes Perfect 2014 Summer Scholars
“It’s not an achievement gap, it’s an opportunity gap.” This is what Justin, a Practice Makes Perfect Teaching Fellow, had to say about the societal issue that plagues our scholars in their communities.
Coming to Netflix E-TEAM Film: Going behind the lines to expose crimes against humanity
Anna, Ole, Fred and Peter are four members of the Emergencies Team — or E-Team — the boots on the ground division of a respected, international human rights group.
What Does It Look Like When a Hedge Fund Billionaire Takes on Global Poverty?
By Ade Adeniji (Inside Philanthropy) – In recent years, the Pershing Square Foundation has really taken off. That’s the foundation of hedge fund billionaire Bill Ackman, who’s well known for getting rich at a very young age and has been just as precocious in his philanthropy.
Practice Makes Perfect on ABC 7 VIEWPOINT
Practice Makes Perfect (PMP) is a non-profit organization that has launched an intensive educational campaign designed to halt, what some educators refer to as, summer slide.
Cancer Philanthropy, Wall Street-Style
By Kristina Strain (Inside Philanthropy) – This ain’t your father’s cancer philanthropy. This ain’t some namby-pamby Race for the Cure-style charity outfit or a lumbering legacy foundation. This is cancer philanthropy, Wall Street-style.
Can a Magazine Change a Country? One Year Later, an Update on Forbes and Liberia
By Randall Lane (FORBES) – Last June, Forbes convened more than 150 of the world’s greatest philanthropists at the United Nations for the larger purpose of making their giving more effective, as channeled through the prism of global poverty causes.