Philanthropy

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News illustration depicting the deferral of Tata Trusts board meeting following a charity commissioner's order.
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Tata Trusts defer board meeting after charity order

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The Maharashtra Charity Commissioner directed Tata Trusts to defer its board meeting scheduled for May 16, 2026, and ordered an inquiry into complaints about the number of perpetual trustees at Sir Ratan Tata Trust.

Ted Turner, the media mogul who launched CNN and transformed television news, died Wednesday at age 87. Surrounded by family, his death marks the end of an era in broadcasting and philanthropy.

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Mark Zuckerberg is supporting a $500 million effort to develop AI models of human cells. The funding targets Biohub's Virtual Biology Initiative, aimed at curing diseases through vast biological data analysis. The project forms part of a long-term health research push.

Turning Point USA has renamed its headquarters the Buckman Campus following a record $10 million gift from philanthropists Nelda and Karl Buckman. The announcement came at a ceremony in Arizona on December 17, three months after founder Charlie Kirk's assassination. The donation, made in June, honors Kirk's vision for the conservative youth organization.

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Old students of Yewa College have launched a N20 billion endowment fund to support their alma mater.

Michael Dell and his wife, Susan, have committed $6.25 billion to deposit $250 into investment accounts for about 25 million American children aged 10 and under in lower- and middle-income areas. The donation builds on a Trump administration program that will provide a $1,000 government deposit for newborns from 2025 through 2028, using accounts administered by the U.S. Treasury and promoted by the nonprofit Invest America.

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New York Rangers defenseman Adam Fox is actively supporting his father-in-law Tim Green's battle with ALS by donating to the Tackle ALS initiative. Fox, married to Green's daughter Tate, has raised significant funds through his on-ice performance this season. The effort highlights family perseverance and aims to advance ALS research.

 

 

 

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