Philanthropy
By Huw GRIFFITH Los Angeles (AFP) - Melinda French Gates, l'ex-épouse du cofondateur de Microsoft Bill Gates, a annoncé mardi qu'elle verserait un milliard de dollars aux personnes et organisations oeuvrant pour la cause des femmes. L'annonce intervient au moment où militants et élus de gauche aux Etats-Unis dénoncent un recul des droits des femmes dans le pays, notamment face aux multiplications des interdictions de l'avortement dans différents Etats. "En près de 20 ans comme militante pour les femmes et les jeunes filles, j'ai appris qu'il y aura toujours des gens pour dire que ce n'est pas ...
AFP (Français)
Los Angeles (AFP) - Philanthropist Melinda French Gates, who was previously married to Microsoft co-founder Bill Gates, said Tuesday she was giving $1 billion to people and organizations working to promote women's issues. The announcement comes as many on the political left in the United States see a backsliding of women's rights, including on reproductive issues, as Republican hardliners push abortion bans across the country. "In nearly 20 years as an advocate for women and girls, I have learned that there will always be people who say it’s not the right time to talk about gender equality," F...
AFP
Los Angeles (AFP) - Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. The announcement from the 59-year-old French Gates comes three years after her divorce from the 68-year-old Microsoft co-founder. Under the agreement between the former power couple, French Gates -- whose resignation will take effect on June 7 -- will receive $12.5 billion for use on her philanthropic efforts "on behalf of women and families." "After careful t...
AFP
The Global Education Summit that took place in London in July brought to light the impact of COVID-19 on school education –especially in developing countries. School closures played a key part in the low learning results and the increase of young girls’ pregnancies and early marriages. Q3 2021 hedge fund letters, conferences and more With governments in these countries reducing expenses on several fronts to palliate the pandemic, plus a reduction in household income due to unemployment or informal employment, funding of education is at a critical point. How is the philanthropic sector working ...
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BUTNER, N.C. – A collective moment of silence was felt across the investment community today as word spread of the passing of Bernie Madoff, unarguably the greatest Ponzi-scheme player of all time. Twitter and Facebook posts from traders and private equity firms alike offered their condolences and shared their favorite memories of the man who forged unprecedented levels of investment fraud. Many argued that the term “Ponzi-scheme” should be renamed “Madoff-Scheme” in his honor. Q1 2021 hedge fund letters, conferences and more Bernie Madoff's Crown Jewel AchievementBernie was born in Queens, Ne...
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Charitable Giving Series: Part IV of VI on Using Private Foundations to Build a Family Culture of Philanthropy By Joe Maier, JD, CPA, Senior Vice President, Director of Wealth Strategy and Bob Schneider, CFP®, RICP®, Senior Vice President, Wealth AdvisorQ3 2020 hedge fund letters, conferences and moreThis is part four of our six-part series on charitable giving. In this article, we focus on why people use private foundations to execute their charitable mission.In our last article, we learned why Dean and Jessica Howard would want to use donor advised funds, which let them maximize the impact o...
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One of the most frequent questions we are asked as advisers is “What is the right vehicle for my charitable giving?”Q2 2020 hedge fund letters, conferences and moreGiven the significant interest in philanthropy, it’s no surprise that the internet has plenty of questionable material on the subject—advising and educating (and often advocating) about direct giving vs. donor-advised funds vs. private foundations. These articles focus on the how, including costs, control, tax benefits, ongoing burden and legacy.But very few start at the right place, why.That’s the subject of this article, the first...
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