philanthropists

U.S. Charities See Sharp Decline in Donations

The biggest U.S. charities saw the sharpest decline in donations in 20 years in 2009, with donations down by an average of 11%. The nation%u2019s top 10 charities in terms of donations saw gifts decline by as much as 40.3%, The Chronicle of Philanthropy reported. United Way Worldwide, the Salvation Army and the American Cancer Society all saw donations fall.

Gates, Buffett Will Promote Philanthropy to China's Rich

Bill Gates and Warren Buffett are scheduled to dine with Chinese businessmen Wednesday in a bid to promote philanthropy in the world%u2019s second-largest economy. The dinner will be held at a mansion, modeled after the baroque 17th century Chateau de Maisons-Laffitte in France, on the edge of Beijing, The Associated Press said.

George Soros to Donate $100 Million to Human Rights Watch

George Soros, billionaire investor and philanthropist, is donating $100 million to Human Rights Watch in his largest ever gift. Soros will announce the gift later today, The New York Times reported. It will be by far the largest gift that Human Rights Watch has ever received.

Microsoft Co-Founder Paul Allen to Give Away Most of Fortune

Microsoft (MSFT) co-founder Paul Allen plans to give away most of his $13.5 billion fortune. In a statement, Allen said that his "philanthropic efforts will continue after my lifetime" Allen co-founded Microsoft with Bill Gates in 1975. He left the company in 1983 and became an investor in a range of industries including media and cable.