Philanthropy

Michael Bloomberg committed $600 million to the endowments of four historically Black medical schools through his organization Bloomberg Philanthropies.

Starting in the fall, the gift will cover full tuition for medical students from families earning less than $300,000.

Melinda French Gates says she will be donating $1 billion over the next two years to individuals and organizations working on behalf of women an reproductive rights in the United States.

Billionaire philanthropist Rob Hale has surprised the graduating class at the University of Massachusetts Dartmouth by giving each of them $1,000. But there was a condition: They were to keep $500 and give away the rest. Students huddling under ponchos and umbrellas yelled and cheered as Hale made the announcement at their soggy commencement ceremony last week. Security guards then...

Melinda French Gates announced Monday that she will step down as co-chair of the Bill & Melinda Gates Foundation.

Many organizations will be looking to make up for lagging 2023 donations on GivingTuesday.

Giving Tuesday is observed internationally on the Tuesday following Thanksgiving. It’s meant as way to promote philanthropy and generosity.

Robert Hale, founder of Granite Telecommunications and part owner of the Celtics, gave two envelopes each to graduates of UMass Boston — One marked “Gift” and another marked “Give”

Dr. Froswa’ Booker-Drew helped create the Heritage Giving Fund, a giving circle of Black women who raise money to support nonprofits led by Black women. She tells NBC 5’s Brittany Johnson anyone can be a philanthropist without writing a check.