An Influx of Climate Cash

An Influx of Climate Cash

While many big name philanthropists are backing away from climate giving, at least one megadonor is stepping up and writing major checks. Michael Bloomberg, the former New York City mayor and founder of Bloomberg L.P., has announced $590 million in new environmental commitments in recent days. The funds will flow from Bloomberg Philanthropies, his charitable…

Read Full News
Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center

Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center

The donor-advised fund affiliated with Charles Schwab, DAFgiving360, has suspended account holders’ ability to give money to the Southern Poverty Law Center, a civil rights group. Last week, the Justice Department indicted the group and accused it of financial crimes. This week, the donor-advised funds that bear Fidelity’s and Vanguard’s names also cut the group…

Read Full News