Jeff and MacKenzie Bezos topped the U.S. list of biggest philanthropists of 2018 – but overall contributions by the nation's wealthiest donors was nearly half of 2017's total.
Altogether, the donors on the Chronicle of Philanthropy's annual list of people who gave the most totaled more than $7.8 billion in 2018, down from $14.7 billion donated, collectively, by the top philanthropists in 2017.
The drop off in giving coincides with new limits on charitable tax deductions– but those changes only affect small donors who gave less than the standard deduction ($12,000 for an individual or $24,000 for a married couple) – not professional philanthropists.
Jeff and MacKenzie Bezos made the list for the first time with a gift of $2 billion that is predominately dedicated to helping homeless and low-income families.
Jeff and MacKenzie Bezos were first on the Chronicle of Philanthropy's annual list of biggest charitable donors. The couple, shown here in April 2018 in Berlin, announced their separation last month
Jeff Bezos announced his intention to become a big donor in 2017. In 2018 he and his wife pledged $2 billion to charity, putting the now-separated couple at the top of the list of biggest charitable donors
The couple, who announced their divorce last month, launched the Bezos Day One Fund in 2018 to support homeless families and education in under-served communities.
'I'm thinking I want much of my philanthropic activity to be helping people in the here and now — short term — at the intersection of urgent need and lasting impact,' Bezos wrote in a 2017 Twitter post seeking philanthropic ideas.
Former New York City Mayor Michael Bloomberg was the second biggest donor in America in 2018, with $767 million in giving
Bezos is estimated to have a net worth of $134.8 billion, making him the richest man in the world.
His contribution was more than twice the $767 million that former New York City Mayor Michael Bloomberg gave to charity in 2018, according to the Chronicle of Philanthropy's annual list of biggest givers.
In second place, Bloomberg dedicated his giving to the arts, education, the environment, health and other causes. The effort moved him up from his fifth place spot in 2017, when he donated $702 million to various causes.
The founder and CEO of Bloomberg L.P. financial services and media company, Bloomberg's net worth was estimated at $51.8 billion in 2018, making him the eighth richest person in America and 11th richest person in the world.
The founders of eBay, Pierre and Pam Omidyar, came in third place on the list, with $392 million in gifts to nonprofits that focus on promoting democracy, citizen activism and other causes.
The couple has committed over $1 billion to various causes in recent years, coming in ninth place last year for $257.5 million in charitable giving.
Founders of eBay, Pierre and Pam Omidyar, in 2011 in New York City. The couple ranked third on the list of biggest charitable donors in America
Stephen Schwarzman ranked fourth on the list with $390 million in donations to higher education. Schwarzman is shown (left) in New York City in May, 2018. Paul Allen, a Microsoft billionaire gave more than $261.4 million to charity in 2018. Allen is shown (right) in Seattle, 2014.
Steve and Connie Ballmer, shown in Paris in 2011, donated $295 million to charity in 2018, landing them in fifth place on the list of America's biggest donors
Stephen Schwarzman, the chairman and CEO of private equity firm, The Blackstone Group, ranked fourth on the list with $390 million in donations to higher education.
Last year Schwarzman, whose worth is estimated at $12.5 billion, announced that he would give $350 million to fund a new college at the Massachusetts Institute of Technology that will focus on artificial intelligence.
The program will start operating this fall. He also pledged millions to other educational institutions, including $25 million to Abington High School, a public school in suburban Philadelphia. Schwarzman did not make last year's list of top donors.
Microsoft billionaire Steve Ballmer and his wife, Connie, ranked fifth on the list with $295 million in giving to multiple causes, with a focus on lifting U.S. children and families out of poverty.
The former CEO of the Seattle tech company is estimated to have a net worth of $43.3 billion. The Ballmers did not make last year's list of top donors.
Paul Allen, also a Microsoft billionaire, came in sixth on the list with more than $261.4 million in charity toward artificial intelligence and medical research through the institutions he founded: the Allen Institute for Brain Science; the Institute for Artificial Intelligence; and the Institute for Cell Science.
He was also known for donating to education, wildlife and environmental conservation and the arts. Last year Allen ranked 28 on the list of most charitable givers with his donation of $91 million to the University of Washington and other groups.
Allen had an estimated net worth of $20.3 billion when he died in October 2018.
Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, came in seventh on the list of biggest donors, with $213.6 million in giving in 2018.
Last year Zuckerberg's financial investment company – The Chan Zuckerberg Initiative – announced a $30 million grant to the Harvard Graduate School of Education and MIT's Integrated Learning Initiative. The five-year initiative is focused on building a web-based screening tool to donate reading problems early on in a child's development.
The couple also gave money to causes that support biomedical research, income inequality in the U.S. and criminal justice reform. The couple ranked second on the list last year, with donations of more than $2 billion.
Zuckerberg's net worth is estimated at $60.3 billion.
John and Laura Arnold came in eighth on the list, with $204 million in charitable giving.
Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, came in seventh on the list of biggest donors, with $213.6 million in giving in 2018. The couple is shown here in Berlin in 2016
John and Laura Arnold came in eighth on the list of most charitable donors, with $204 million in charitable giving
Jay Alix (left) pledged $200 million the Mayo Clinic's School of Medicine in 2018. He ranked ninth on the list of America's most generous donors. Edward Bass (right) ranked 10th with a $160 million gift to the Peabody Museum of Natural History at Yale
John Arnold is a former hedge fund manager who made his billions in natural gas trading before founding the Laura and John Arnold Foundation, which focuses on a variety of causes, including: reforming the criminal justice system; promoting evidence-based public policy; and health care.
The couple also held the eighth-place rank last year, with $285 million in giving in 2017. Arnold is worth an estimated $3.3 billion.
In ninth place was Jay Alix, with $200 million to higher education. The founder of Alix Partners, a consulting firm that specializes in turning around struggling businesses, Alix is worth an estimated $1.2 billion.
Last year he pledged the full $200 million to what has since been renamed the Mayo Clinic Alix School of Medicine. The money will be focused on scholarships, establishing a professorship and further curriculum innovations.
Alix did not make the Chronicle of Philanthropy's list last year.
Edward Bass, a Texas-based businessman best known for funding the Biosphere 2 project in the late 1980s, rounded out the top ten list of the biggest U.S. donors.
His 2018 gift of $160 million gift went toward renovating the Peabody Museum of Natural History at Yale. Bass' net worth is estimated at $2.3 billion. He did not make the list last year.
Last year's first-place donors – Bill and Melinda Gates – did not crack the top 10 this year. The couple gave $4.8 billion to charity through their Seattle-based foundation in 2017.
Link hienalouca.com
https://hienalouca.com/2019/02/27/americas-top-donors-jeff-mackenzie-bezos-biggest-philanthropists-of-2018-2-billion-commitment/
Main photo article Jeff and MacKenzie Bezos topped the U.S. list of biggest philanthropists of 2018 – but overall contributions by the nation’s wealthiest donors was nearly half of 2017’s total.
Altogether, the donors on the Chronicle of Philanthropy’s annual list of people who gave the most t...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
Dianne Reeves US News HienaLouca
https://i.dailymail.co.uk/1s/2019/02/26/21/10322900-6748329-image-a-1_1551215434791.jpg
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