philanthropy

This month, 12 more billionaire families committed to donate at least half of their wealth to charity by taking the Giving Pledge. Here are introductions to some of the new signatories and their pet philanthropic projects.

When most of us buy life insurance, we're thinking about one thing: Making sure our families are taken care of after we're gone. But in this season of giving, you might also want to think about setting up a policy to take care of your favorite charity.

In a one-on-one interview with DailyFinance, Paul Mitchell CEO John Paul DeJoria discusses the hair-care industry, his philanthropy efforts and why the company won't go public. "If Paul Mitchell went open market, I'd double my business overnight. But I always said that if we were lucky enough to make it, we'll be the only ones that never sold you out."

Howard Warren Buffett, grandson of renowned investor Warren Buffett, is a chip off the old philanthropic block. At the recent Social Good Summit in New York, he spoke about the challenges in this age of technology of preserving human connections with those who are suffering.

Billionaire investor Warren Buffett said that wealthy Americans should pay more in taxes and that the Bush-era tax cuts for high-earners should expire, Bloomberg News reported. "People at the high end -- people like myself -- should be paying a lot more in taxes. We have it better than we've ever...

IBM says it will donate a total of $50 million in free technology and services to 100 U.S. cities that can best use it to boost their efficiency in healthcare, education, transportation and other areas.

The Bill & Melinda Gates Foundation gave $50 million for new programs at the Smithsonian Institution. Thirty million dollars of that will go towards programs aimed at underserved students in school districts across the U.S., The Associated Press reported. Sponsored Links The Youth Access...

The biggest U.S. charities saw the sharpest decline in donations in 20 years in 2009, with donations down by an average of 11%, according to The Chronicle of Philanthropy. Sponsored Links Only four of the top 10 saw contributions rise last year. They were Catholic Charities USA, the AmeriCares...

With an estimated net worth of $1.5 billion, the son of a Bronx, N.Y., plumber is now donating the bulk of his fortune to charity. Cooperman's aim: to help "those that are disadvantaged to experience the American dream."

Henry Kravis, billionaire co-founder of private equity outfit KKR, pledged $100 million to Columbia Business School, the largest gift in the institution%u2019s history.