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Buzz is Changing Our World's news and commentary blog, covering the latest stories and updates in the world of philanthropy.

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March 23, 2011

News Briefing: Buffett: Failure Key to Successful Philanthropy

  • The Thoroughbred Retirement Foundation's board fires its veterinarian.  [New York Times]


  • Sanford and Joan Weill donate $12 million to Sonoma State University.  [New York Times]


  • Warren Buffett says failure is good in philanthropy - it means you are taking risks.  [Bloomberg News]

December 30, 2010

News Briefing: China embraces modern philanthropy era, legislation lags

China embraces modern philanthropy era, legislation lags [Xinhua]

India's new rich prove reluctant philanthropists [AFP]

Economy dampens Connecticut nonprofits’ fund campaigns [Hartford Business Journal]

September 30, 2010

News Briefing: Gates, Buffett Say China Charity Meeting a Success

  • Warren Buffett and Bill Gates pronounce their dinner with some of China's wealthiest individuals an unqualified success.  [New York Times]

  • Families of the victims and survivors of the shootings at Virginia Tech have launched a nonprofit organization using money from a settlement with the state.  [The Roanoke Times]

  • A nonprofit evangelical group founded and run by Republican Senate nominee Christine O'Donnell of Delaware is at risk of losing its tax-exempt status.  [Associated Press]

September 17, 2010

News Briefing: Ex-Dean Accused of Stealing $1 Million From St. John’s

  • Columbia University announces a 17.3 percent return on its investments, outperforming the major stock market indexes in the latest year.  [New York Times]

  • The planned Gates-Buffett dinner in China, still over a week away, has sparked one of the widest-ranging discourses on philanthropy in years.  [Washington Post]

  • A former dean at St. John's University is accused of embezzling about $1 million from the university.  [New York Times]

September 08, 2010

News Briefing: Gates, Buffett to Sell Giving to China's Richest

  • Bill Gates and Warren Buffett will host a dinner in China to sell the art of giving to some of the country's richest individuals.  [Associated Press]

August 16, 2010

News Briefing: Pledging Fortunes Takes Extra Effort in Shaky Recovery

  • Some wealthy donors grow leery of long-term philanthropic promises.  [New York Times]
  • Drew University's new nursing school opens under a financial cloud.  [Los Angeles Times]
  • Tony Blair donates earnings from his forthcoming memoir to a charity for injured troops.  [Associated Press]

August 13, 2010

News Briefing: Donating to Charity Becomes 'Trendy' for America's Super-Rich

  • A Texas couple has been indicted on charges they conspired to embezzle more than $220,000 from a Louisiana health care benefit program where the wife worked.  [Associated Press]

  • Philanthropy is a growing status symbol of the rich.  [Reuters]

August 05, 2010

News Briefing: Gates, Buffett Tap Billionaires for Charity

  • Forty wealthy families and individuals have joined Microsoft co-founder Bill Gates and billionaire investor Warren Buffett in a pledge to give at least half their wealth to charity.  [Washington Post]
  • Jewish donors give Catholic schools a lift.  [Boston Globe]

July 06, 2010

News Briefing: Tax-Exempt Funds Aid Settlements in West Bank

  • Some groups in the U.S. use tax-exempt donations to help Jews establish permanence in the Israeli-occupied territories.  [New York Times]

  • Warren Buffett makes his annual gift to the Gates Foundation.  [Bloomberg]

  • BP says it has yet to decide how to handle claims filed by religious groups and other charitable organizations that are endangered because people can no longer afford to contribute.  [Associated Press]

  • Companies find ways to bypass the ban on earmarks.  [New York Times]

June 17, 2010

News Briefing: The $600 Billion Challenge

  • founder Marc Benioff and his wife Lynne donate $100 million to a new children's hospital at the University of California, San Francisco.  [Wall Street Journal]

  • Tiziana Dearing, the president of Catholic Charities of the Archdiocese of Boston, steps down to lead a new antipoverty organization called Boston Rising.  [Boston Globe]

  • James N. Wood, President and CEO of the Getty Trust in Los Angeles, passes away.  [New York Times]

  • Bill Gates, Melinda Gates, and Warren Buffett ask the nation's billionaires to pledge to give at least half their net work to charity.  [Fortune]
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