Philanthropy

This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department issued final rules Tuesday, June 11 that would clamp down on taxpayers trying to circumvent a new cap on state and local tax deductions. (AP Photo/Patrick Semansky)
June 11, 2019 - 7:39 pm
The Treasury Department issued final rules Tuesday that would clamp down on taxpayers trying to circumvent a new cap on state and local tax deductions. The Tax Cut and Jobs Act, promoted by the Trump administration and passed in late 2017, limits the amount of state and local taxes that can be...
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Vinton Cerf, vice president and Chief Internet Evangelist for Google, answers a question during a news conference at United Nations headquarters, Monday, June 10, 2019. (AP Photo/Richard Drew)
June 10, 2019 - 9:55 pm
UNITED NATIONS (AP) — An independent U.N. panel called Monday for much greater cooperation to bring digital technology to roughly half the world's people, and a senior Google executive said mobile phones with internet access are being created to sell for about $20 that can help make this possible...
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University of Alabama employees Joe Densmore, left, and Jeremy Scales remove the name of Hugh F. Culverhouse Jr. off the School of Law sign in Tuscaloosa, Ala., Friday, June 7, 2019. The University of Alabama board of trustees voted Friday to give back a $26.5 million donation to a philanthropist Hugh F. Culverhouse Jr., who recently called on students to boycott the school over the state's new abortion ban. (GaryCosby Jr./The Tuscaloosa News via AP)
June 07, 2019 - 5:25 pm
TUSCALOOSA, Ala. (AP) — The Latest on University of Alabama decision to return record donation (all times local): 1:10 p.m. A top donor to the University of Alabama says he believes the school is punishing him after he called on students to boycott enrolling at the university in response to the...
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University of Alabama employees remove the name of Hugh F. Culverhouse Jr. off the School of Law sign in Tuscaloosa, Ala., Friday, June 7, 2019. The University of Alabama board of trustees voted Friday to give back a $26.5 million donation to a philanthropist Hugh F. Culverhouse Jr., who recently called on students to boycott the school over the state's new abortion ban. (AP Photo/Blake Paterson)
June 07, 2019 - 5:23 pm
TUSCALOOSA, Ala. (AP) — The University of Alabama gave back a philanthropist's $26.5 million donation and took his name off the law school Friday, a week after he called on students to boycott the institution over the state's new abortion ban. Hugh F. Culverhouse Jr., a 70-year-old Florida real...
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June 07, 2019 - 12:07 am
TUSCALOOSA, Ala. (AP) — University of Alabama trustees are meeting Friday morning to decide whether to return a $21.5 million gift by a philanthropist who recently called on students to boycott the school over the state's new abortion ban. Real estate investor and lawyer Hugh F. Culverhouse Jr...
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Chad Houser, founder and executive chef at Cafe Momentum, poses for a photograph with members of his staff inside the cafe in Dallas, Tuesday, June 4, 2019. Houser said that the lessons learned through training from Stand Together’s Catalyst Network, an initiative by billionaire Charles Koch, are a refreshing turn not seen in other nonprofit development programs, and have given him the freedom and skills to run his restaurant like a business rather than a charity. (AP Photo/Tony Gutierrez)
June 05, 2019 - 1:22 pm
SEATTLE (AP) — If a billionaire's approach to philanthropy is a reflection of himself, Charles Koch's latest initiative tackling poverty embodies both the wealthy industrialist's business acumen and his distaste for big government. The 3-year-old Stand Together Foundation has lately taken center...
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FILE - In this Nov. 17, 2008, file photo, designer Kate Spade attends the CFDA/Vogue Fashion Fund finalists event in New York. A year after Spade took her own life, the foundation that bears her name announced Wednesday, June 5, 2019, the completion of a $1 million pledge to support mental health services. (AP Photo/Evan Agostini, File)
June 05, 2019 - 8:00 am
NEW YORK (AP) — A year after Kate Spade took her own life, the foundation that bears her name has announced the completion of a $1 million pledge to support mental health services. The Kate Spade New York Foundation said in a statement Wednesday it is donating $200,000 to The Jed Foundation, which...
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FILE - In this March 4, 2018 file photo, Jeff Bezos and wife MacKenzie Bezos arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif. MacKenzie Bezos is pledging half her fortune to charity, following in the footsteps of billionaires Warren Buffett and Bill Gates. The ex-wife of Amazon founder and CEO Jeff Bezos finalized her divorce in April 2019 and reportedly got a stake in the online shopping giant worth over $35 billion. (Photo by Evan Agostini/Invision/AP, File)
May 28, 2019 - 11:39 am
NEW YORK (AP) — MacKenzie Bezos, who finalized her divorce from Amazon founder and CEO Jeff Bezos earlier this year, is pledging to give away half her fortune to charity. The novelist said Tuesday that she signed The Giving Pledge, a campaign to get the ultra-wealthy to pledge at least half their...
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May 16, 2019 - 11:49 am
INDIANAPOLIS (AP) — The Kurt Vonnegut Museum and Library in Indianapolis has reached its goal of raising $1.5 million to acquire and begin renovations on a building to serve as its permanent home. The museum announced Wednesday that it met a deadline for the fundraising effort. The museum's founder...
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In this Jan. 23, 2019 photo, Linda Perry poses for a portrait at her studio in Los Angeles. A benefit gala honoring Linda Perry will include a performance by Rock and Roll Hall of Famers Cheap Trick and appearances from Oscar-nominated actress Juliette Lewis and Perry’s actress-wife, Sara Gilbert. “Linda Perry & Friends: A Night at the GRAMMY Museum” will take place June 29 in Los Angeles at The Novo at L.A. Live. (Photo by Rebecca Cabage/Invision/AP)
May 16, 2019 - 8:08 am
NEW YORK (AP) — A benefit gala honoring Linda Perry will include a performance by Rock and Roll Hall of Famers Cheap Trick and appearances from Oscar-nominated actress Juliette Lewis and Perry's wife, Sara Gilbert. "Linda Perry & Friends: A Night at the GRAMMY Museum" will take place June 29 in...
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