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Kathy Hochul apologized on Friday night for remarks she made at a Jewish philanthropy event in New York City that implied that Israel would be justified in destroying Gaza because of the Oct. 7 Hamas attack. “If Canada someday ever attacked Buffalo, I’m sorry, my friends, there would be no Canada the next day,” Ms. Hochul said in a video of the speech posted on social media. “That is a natural reaction. You have a right to defend yourself and to make sure that it never happens again. And that is Israel’s right.”In a statement provided to The New York Times on Friday night, after the speech began circulating on social media, Ms. Hochul said that she regretted her “inappropriate analogy.” She apologized for her “poor choice of words.”
Persons: Kathy Hochul, Hochul, specter, ” Ms, Organizations: United Jewish Appeal, Federation of New, Canada, The New York Times Locations: New York City, Israel, Gaza, Federation of New York, United States, Buffalo, , Canada
Meta said Wednesday that Broadcom CEO president Hock Tan and philanthropist and former Enron executive John Arnold are joining the company's board of directors. Tan has been leading the semiconductor giant since 2006, giving him extensive international experience working in computing infrastructure technology. "As we focus on building AGI, having directors with deep expertise in silicon and energy infrastructure will help us execute our long term vision," Meta CEO Mark Zuckerberg said in a statement. The technical backgrounds of the incomers contrast with former Meta operating chief Sheryl Sandberg, who recently said she would step down from the company's board. Tan and Arnold join a board that includes former PayPal Executive Vice President Peggy Alford, venture capitalist Marc Andreessen, Dropbox CEO Drew Houston, former U.S. deputy secretary of the treasury Robert M. Kimmitt and DoorDash CEO Tony Xu.
Persons: Meta, Hock Tan, John Arnold, Tan, Mark Zuckerberg, Sheryl Sandberg, Sandberg, Zuckerberg, Arnold, Peggy Alford, Marc Andreessen, Drew Houston, Robert M, Tony Xu, Meta's Ray Organizations: Broadcom, Enron, Meta, Google, Arnold Ventures, Grid United Locations: Houston, U.S
Tatum told The Associated Press in an interview how he wants to help others in his hometown of St. Louis get that feeling themselves and buy their own homes. He said financial services company SoFi has given the Jayson Tatum Foundation $1 million to help do that. It also offers scholarships to St. Louis high school students along with mentoring. The company also announced a partnership with the NBA to be its official banking partner and is sponsoring the SoFi NBA Play-in Tournament in April. “There are some really good people in St. Louis — people who are really trying to help change their life and their situation.
Persons: Jayson Tatum, , Tatum, Louis, SoFi, Brandy Cole, Barnes, , ” Tatum, St . Louis, Anthony Noto, Jason Belinkie, ” Belinkie, Andrew Morton, Handler Thayer, ” Morton, Louis — Organizations: Boston Celtics, Eastern Conference, Associated Press, St, Fund, NBA, Celtics, Hope, Lilly Endowment Inc, AP Locations: St ., St, SoFi
Fidelity Charitable said distributions to nonprofits in 2023 were four times what they were 10 years ago. “I think 2023 was a pretty amazing year,” Fidelity Charitable President Jacob Pruitt told The Associated Press. According to Fidelity Charitable, donors attached their names or the name of their DAF to 96% of the grants made in 2023. Fidelity Charitable said nearly 80% of grants in 2023 went to nonprofits donors had previously supported. “It’s a struggle to figure out how to get your message out there.”Another growth area for Fidelity Charitable DAFs in 2023 was with corporations.
Persons: Jacob Pruitt, DAFs, ” Pruitt, Jude Children’s, Pruitt, , Andrew Grumet, Holland & Knight, It’s Organizations: — Fidelity, Fidelity, Associated Press, DAF, Internal Revenue Service, IRS, Fidelity Charitable, USA, Jude Children’s Research, Holland &, Fidelity Charitable DAF, Associated, Lilly Endowment Inc, AP Locations: millennials
Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Jeff Bezos' $2 billion stock sale last week came with an added perk: no state taxes. After his move to Miami, Bezos made up for lost time. So on the $2 billion sale last week, he saved $140 million that he would have paid to Washington state. On the entire sale of 50 million shares over the next year, he will save at least $610 million.
Persons: Jeff Bezos, Lauren Sanchez, Bezos, Tom Brady, Carl Icahn Organizations: of Miami, Miami, Autodrome, Seattle, Origin, SEC, Jan, Amazon, CNBC PRO Locations: Miami , Florida, Miami, Washington, Florida
In fact, the arts are packed with jobs that people might not know about, and many don't require any specific artistic talent. Here are three jobs in the arts that don't necessarily require an artistic flair, including their requirements and median annual salaries according to the Bureau of Labor Statistics. Arts organizations raise money to put on various events like galas and festivals and to provide resources for artists, like spaces to work and perform in. There are arts organizations based all over the country, especially ones focused on local performance. "I'm an arts fundraiser."
Persons: Oppenheimer, Bill Kramer, Adam Sharp, we're, Heather A, Hitchens, Kramer Organizations: Academy of Motion Picture Arts and Sciences, Bureau of Labor Statistics, National Academy of Television Arts and Sciences, Sports, American Theatre Wing, Arts
Ask any workers in the nonprofit arts sector — maybe after they have had a few drinks — and they will tell you that arts funding in this country is a mess. But there’s a large chunk of the budget — usually about 40 percent — that involves infrastructure costs like keeping the lights on and paying the staff salaries. Yet it’s this gap in funding, this 40 percent, that’s too often threatening small and midsize cultural institutions across the country right now. There is a better way to fund the arts in America. It requires a leap of faith and creative cultural and political organizing to achieve a change in mind-set.
Organizations: Toledo Museum of Art, Oakland Museum of California, Queens Museum Locations: America
NEW YORK (AP) — Tim Sanders started his company, Silent Donor, based on his own experience giving money to charities. Christie Herrera, president and CEO of the conservative advocacy nonprofit Philanthropy Roundtable, has said the fight for donor privacy is the biggest challenge her organization currently faces, “I think it’s time for philanthropy to step up and start talking about these donor privacy issues,” she said. Silent Donor also sets a deadline of 30 days to move a donation through its system and into a charity. Sanders said nonprofits should listen more to donors who seek more privacy for their gifts. He said that recent decline in philanthropic donations may be related to donors not wanting others to know about their financial decisions.
Persons: — Tim Sanders, , ” Sanders, , Malala Yousafzai, Christie Herrera, , ” Chuck Collins, Collins, , Donor's Sanders, Sanders, ” Collins Organizations: Internal Revenue Service, Peace, IRS, Republican, Institute for Policy Studies, DAF, U.S . House, U.S . Senate, Lilly Endowment Inc, AP Locations: Ukrainian, United States
Others are calling for larger foundations to help grantees if they are sued or are offering legal assistance themselves. The Council on Foundations, which supports philanthropic foundations and provides legal resources to its members to help them consider potential legal risks, submitted an amicus brief in the case supporting the Fearless Fund's First Amendment argument. “If you’re committed to DEI or race-conscious or race-based giving, you should not back down on your priorities. We’re funding homelessness or employment or the wealth gap,” she said as examples of changes in wording funders have made. The Black Freedom Fund, which was founded in 2021 to fund Black community organizations in California, has started a legal defense fund for its grantees for precisely that reason.
Persons: aren't, Fearless, Edward Blum, Blum, , Searle, Sarah Scaife, Kathleen Enright, you’re, , John Palfrey, John D, Catherine T, Claudine Gay, Christopher Rufo, Bill Ackman, Gay, MacArthur, , Mae Hong, Carmen Rojas, Marguerite Casey, Rojas, can’t, ” Rojas, Marc Philpart, ” Philpart, Hong, they’re, ” Hong Organizations: , American Alliance for Equal Rights, Fair, Searle Freedom Trust, Sarah Scaife Foundation, Fidelity Investments, Donors Trust, National Philanthropic Trust, Foundations, MacArthur Foundation, Harvard University, Manhattan Institute, Harvard, Rockefeller Philanthropy Advisors, Blacks, Marguerite Casey Foundation, Freedom Fund, , Lilly Endowment Inc, AP Locations: Black, California
NEW YORK (AP) — GoFundMe crowdfunding campaigns have generated $30 billion since 2010, the fundraising platform announced Tuesday, as younger generations look beyond institutions to make their donations. GoFundMe, a privately held, for-profit company, has annually released the total amount raised on its crowdfunding platform since its founding, but hasn't published a breakdown of funds raised in an individual year. Part of that growth includes GoFundMe's acquisition of Classy in 2022, which is an online platform that facilitates giving to nonprofit organizations. It's not yet clear how much giving through a crowdfunding campaign has supplanted giving to nonprofit organizations, Soskis said, in part because data about crowdfunding is less public. Other platforms also facilitate online crowdfunding, besides GoFundMe.
Persons: GoFundMe, Tim Cadogan, GoFundMe's, Gen, Indiana University Lilly, , we’ve, ” Cadogan, hasn't, Cadogan, “ That’s, Damar, ’ ”, Margaret Richardson, Hamlin, , Benjamin Soskis, It's, Soskis, ” Soskis, it's, Meta, Organizations: Indiana University, Indiana University Lilly Family School of Philanthropy, Associated Press, Buffalo Bills, Corporate, Hamlin, M’s, Urban Institute, Nonprofit, IRS, Facebook, Associated, Lilly Endowment Inc, AP Locations: U.S, Uvalde , Texas, ecommerce, GoFundMe
A set of Michael Jordan's championship sneakers was sold for a record-breaking $8m, the BBC reports. The six individual sneakers were all worn by Jordan during the game-clinching NBA finals in the 1990s. During his career, the basketball superstar went to the NBA Finals six times and won each time. The set of winning sneakers include Air Jordan VI (1991), Air Jordan VII (1992), Air Jordan VIII (1993), Air Jordan XI (1996), Air Jordan XII (1997), and Air Jordan XIV (1998). The photos, taken by Bill Smith, were taken after the 1992, 1993, 1996, and 1998 NBA Finals.
Persons: Michael Jordan's, Jordan, Jordan VI, Jordan VII, Air Jordan VIII, Air Jordan XII, Air Jordan XIV, Bill Smith, Brahm Wachter, Matthew Kish, Sotheby's, Michael Jordan, He's Organizations: BBC, NBA, Air, Forbes, of Fame, Jersey, Charlotte Hornets, Business Locations: Dubai
Pitchfork announced it was no longer a freestanding music site, after digital publications BuzzFeed News and Jezebel disappeared last year. Even The Washington Post, whose subscriptions boomed during the Trump administration, has seen a falloff, leading its management to acknowledge that it was too optimistic in expansion plans and needed to cut costs. THE PATH FORWARD IS JUST AS BUMPYSome of the troubled outlets also have unique issues that contributed to their problems. “We need journalists in society, and we will find a way to fill that need,” he said. But in the short run, it's going to be ugly.”___David Bauder covers media for The Associated Press.
Persons: , tacos, Jezebel, Conde, walkouts, , Didier Saugy, Gray, Jeff Jarvis, ” Jarvis, , Trump, Jeff Bezos, Patrick Soon, Jarvis, Aileen Gallagher, that's, Elon Musk's, ” Gallagher, Jim VandeHei, haven't, Tara Dublin, Steve Reilly, you've, ___ David Bauder Organizations: National Press, Los Angeles Times, Business, Time, Washington Post, Pitchfork, Washington Post , New York Daily News, Conde Nast, Press Club, Northwestern University, New York Times, Hollywood, Philanthropy, Associated Press, MacArthur Foundation, Knight Foundation, ” Tech, Syracuse University, Google, Publishers, Facebook, Twitter, Sports, Axios, Politico Locations: Washington, Washington Post , New, United States
Because anti-smoking groups aren’t just fighting the tobacco companies these days. They have fractured over tobacco harm reduction — the idea that people who cannot or will not quit smoking should be provided with alternatives, notably e-cigarettes, which deliver nicotine without burning tobacco. They argue that e-cigarettes will lead to a new generation addicted to nicotine, even if they are not smoking. It focuses largely, but not entirely, on reduced-risk nicotine products, a category that includes e-cigarettes, oral tobacco, and “heat not burn” products that warm up tobacco without burning it. There are no safe tobacco products; all fall along what’s called a continuum of risk.
Persons: Cliff Douglas, Philip Morris, Douglas, , ” Douglas, Bloomberg Philanthropies, American Heart Association —, Michael Bloomberg, that’s, General’s, , Charles Gardner, Joanna Cohen, Ellen MacKenzie, Yolonda Richardson, Deborah Arnott, “ I’m, Michael Cummings, they’ve, Marc Gunther Organizations: Foundation, Philip, Philip Morris International, American Cancer Society, American Lung Association, Centers for Disease Control, Bloomberg, Tobacco, American Heart Association, Truth Initiative, Rockefeller, UBS Optimus, Bloomberg School of Public Health, Johns Hopkins University, Campaign, Reuters, FDA, Centers for Disease, Medical University of South, Associated Press, Philanthropy, AP Locations: United States, – California , Massachusetts , New Jersey , New York, Rhode, San Francisco, , British, Medical University of South Carolina, vaping
He donated the holding, worth about $1.1 billion, to the Silicon Valley Community Foundation. The charity is favored by the elite of Silicon Valley including Mark Zuckerberg. AdvertisementReed Hastings, the cofounder and executive chairman of Netflix, has given away 2 million shares in the streaming platform. A Netflix representative told The Wall Street Journal the shares had been donated to the Silicon Valley Community Foundation. AdvertisementIn 2012 the Meta CEO and his wife, Priscilla Chan, donated 18 million shares worth about $500 million to the foundation.
Persons: Reed Hastings, Mark Zuckerberg, , It's, Jack Dorsey, Priscilla Chan, Hastings, Marc Randolph, Patty Quillin, They've, Bill Gates, Warren Buffett Organizations: Netflix, Community Foundation, Service, Wall Street, Bloomberg, United Negro College Fund, Business Locations: Silicon Valley, Bay
Leaders from government, the arts, academia and philanthropy gathered in Washington for “Healing, Bridging, Thriving: A Summit on Arts and Culture in our Communities." Panel discussions focused on turning to the arts and humanities to solve challenges, from improving health to bridging divides. HHS and the NEA have a long history of working together to improve health using the arts, including through music, Becerra said. That's through painting, that's through food, that's through performances and music,” Lowe said in an interview before the summit. “They're so tied together it's hard to separate the two.”Biden's executive order said the arts, humanities and museum and library services are essential to the well-being, health, vitality and democracy of the nation.
Persons: Tanden, ” Maria Rosario Jackson, Renee Fleming, Anna Deavere Smith, Doug Emhoff, Kamala Harris, Radhika Fox, Jackson, Xavier Becerra, Becerra, Biden, NEH, Shelly Lowe, ” Lowe, , ” Biden Organizations: WASHINGTON, Environmental Protection Agency, Arts and Culture, Democratic, Associated Press, NEA, EPA's, Water, Health, Human Services, HHS, National Endowment, Humanities, United, White Locations: United States, Washington, Seattle , New Mexico, Puerto Rico, Philadelphia, Boston, York, New Jersey, Culture, America
MacKenzie Scott sold Amazon stock worth more than $10 billion last year. The ex-wife of Jeff Bezos has an estimated net worth of $37.6 billion , according to the Bloomberg Billionaires Index. Upon signing the pledge, Scott wrote : "I have a disproportionate amount of money to share. The billionaire launched the website Yield Giving in 2022, which details some 1,600 organizations that she's donated $14 billion to since 2019. Scott said in a blog post last March that she donated $3.86 billion to 465 nonprofits since June 2022.
Persons: MacKenzie Scott, Jeff Bezos, Scott, Bezos, Lauren Sanchez, she's Organizations: Bloomberg, Amazon, California Community Foundation Locations: Beverly
Read previewDolly Parton says the best way to succeed at your 9-to-5 is to find your dream and stick to it. AdvertisementSpeaking to Business Insider about her advice for Gen Z workers, Parton recalls a quote she once shared on X. "And if those dreams come true, then you make deals with people. " Since 2022, Parton has been working with Duncan Hines and its parent company, Conagra, to release Dolly-branded cake mixes. Dolly Parton has put her name to a range of Duncan Hines baking mixes.
Persons: , Dolly Parton, Parton, Sandollar, Sandy Gallin, Gen, Kevin Mazur, Duncan Hines, Jolene, JB Rowland, That's, I've, you've Organizations: Service, Business, Sandollar Productions, Entertainment, Herschend Enterprises, Company, Roll Hall of Fame Locations: Pigeon Forge , Tennessee, Dollywood
CNBC's "Sustainable Future Forum" returned as a special event live from the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland. CNBC convened top policymakers and business leaders to evaluate the outcomes of COP28 and examine what needs to happen in 2024 to ensure pledges are upheld, and progress is made. This panel examines what needs to happen to stay on course. watch nowNavigating the Energy TransitionCOP28 climate summit reached a historic deal to transition away from fossil fuels but did the agreement go far enough? Guests on the panel included: Marco Alvera, CEO, TES Vaishali Sinha, co-founder, ReNew Alfred Stern, CEO, OMV Bold Baatar, CEO, Rio Tinto Copper Henrik Andersen, CEO, Vestas
Persons: Badr Jafar, Daniel F, Feldman, John Kerry, Biden Rachel Kyte, Sanda Ojiambo, Tania Bryer, Kofi Annan, Marco Alvera, TES Vaishali Sinha, Alfred Stern, OMV, Rio Tinto Copper Henrik Andersen, Vestas Organizations: Economic, CNBC, Crescent Petroleum, Business, Philanthropy, Conference of, UN, Partner, Staff, Initiative, Energy, TES Vaishali, Rio Tinto Copper Locations: Davos, Switzerland, Dubai, Covington, Rio
The researchers tested Binoculars on large sets of data compiled of news writing, creative writing, and student essays. As generative AI tools like ChatGPT explode in popularity, concerns have grown about students using AI to complete academic work while passing it off as their own. At the same time, many students have been wrongly accused of using AI, based on results of AI detection tools. Last year, schools and universities began disabling such AI detection tools. The researchers claimed Binoculars' method corrects for the role a person prompting an AI tool plays in the output, which has been pointed to as a cause for false positives in AI detection tools.
Persons: they've, Abhimanyu Hans, Dustin Moskovitz, Abu Dhabi's Falcon, Hans, Perplexity Organizations: Business, University of Maryland, Vanderbilt University, Carnegie Mellon University, New York University, Tübingen AI, Capital, Amazon Research
Jack Ma Doubles Down on Alibaba
  + stars: | 2024-01-23 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +6 min
(Both men already hold sizable amounts of Alibaba stock.) Alibaba itself bought back $9.5 billion worth of stock last year, reducing its share count by over 3 percent. The stock purchases will probably bring attention back to Ma, a former English teacher who helped start Alibaba as an e-commerce platform. Ma, who hasn’t held a management role at Alibaba or Ant in years but remains a lifetime partner in the Alibaba Partnership, now largely focuses on Bill Gates-style philanthropy. And she’s expected to take swipes at Trump’s economic record as president.
Persons: Tsai, Ma, Alibaba, Ant, hasn’t, Bill Gates, Nikki Haley, Donald Trump, Eric Rosengren, Robert Kaplan, Kaplan, Rosengren, Archer, Daniels, Vikram Luthar, Scott Stuber, Spike Lee, Martin Scorsese, Jane Campion, Stuber, Ted Sarandos, Netflix’s, Bela Bajaria, Biden’s, Janet Yellen, Lael Brainard, they’re, Biden, ” Ray Fair Organizations: Pool Management, Alibaba, Brooklyn Nets, New York Liberty, Nets, Boston Fed, Dallas Fed, Republican, Biden, Yale, Times Locations: U.S, Hong Kong, China, Ma, Beijing, , Paris, New Hampshire, Dixville
NEW YORK (AP) — Airbnb on Tuesday donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, the short-term rental giant's latest outlays in its unusual distribution of $100 million through its Airbnb Community Fund. “Airbnb has a 21st century company view,” said Janaye Ingram, Airbnb’s director of community partner programs and engagement. By supporting nonprofits that its hosts find valuable, Airbnb can get more funding to groups that help keep their communities strong, Ingram said. The board solicited recommendations for nonprofits from the hundreds of Airbnb Host Club leaders around the world. However, the Airbnb Community Fund is operated separately from that.
Persons: — Airbnb, “ Airbnb, , Janaye Ingram, Ingram, Brian Chesky, , , ” Chesky, Nadia Giordani, George Floyd, ” Giordani, “ We’re, Airbnb, ” Airbnb’s Ingram Organizations: Fund, Japanese, Dog Resource, Atlanta Habitat, Humanity, Stanford University Graduate School of Business, Airbnb Host Club, Corporate Purpose, Community Fund, Lilly Endowment Inc, AP Locations: Digify Africa, ” San Francisco, Airbnb, New York City, Atlanta, Minneapolis
MrBeast recently conducted an ad revenue experiment on X, where he earned $250,000. AdvertisementYouTube's biggest creator, MrBeast, said he will give away all of the $250,000 he just earned on X. AdvertisementMusk previously stated creators on X earned $5 million in the first rollout of payments. AdvertisementOn January 22, Donaldson revealed he had made over $250,000 on his first X video. Musk seemed to respond to the claims he rigged the results in an X post on January 20.
Persons: MrBeast, , Jimmy Donaldson, Donaldson, Elon Musk, Andrew Tate, Elon, Musk, X Organizations: Service, YouTube
Read previewAfrica's richest person has opened one of the world's largest oil refineries in Nigeria. Aliko Dangote, the billionaire founder and chairman of the multinational conglomerate the Dangote Group, opened the Dangote Petroleum Refinery in a bid to help make Nigeria self-sufficient in fuel. This story is available exclusively to Business Insider subscribers. The $19 billion refinery, in the coastal city of Lekki, near Lagos, has suffered years of delays and setbacks, but it finally began production last week. This is something that the new Dangote refinery aims to change by eventually producing up to 650,000 barrels a day.
Persons: , Aliko Dangote, Pius Utomi Ekpei, David Rubenstein, Dangote, Rafiq Raji, Raji, John Moore, Alhassan, Forbes, Rubenstein, Bill Gates, Gates, Aliko, Melinda Gates Organizations: Service, Dangote, Petroleum Refinery, Business, Dangote Petroleum, Center for Strategic, Studies, Africa, Bloomberg Global Business, West Africa's, Al, Azhar University, Dangote Cement, Bloomberg, Melinda Gates Foundation, English Premier League soccer, Arsenal Locations: Nigeria, Lekki, Lagos, AFP, New York, Nigerian, West, Egypt, Africa
The world's richest man and YouTube's biggest star have a long-standing friendship. Elon Musk and Jimmy Donaldson, AKA MrBeast, have quipped back and forth on social media for years. AdvertisementElon Musk and YouTube's biggest star, MrBeast, have had a long-standing friendship based on back-and-forth quips on social media. But their relationship may be beginning to sour, judging by Musk's notorious dislike for his critics. AdvertisementSo it's no surprise he and the world's richest man hit it off.
Persons: Elon Musk, Jimmy Donaldson, Donaldson, , Elon, Musk's, MrBeast Organizations: Service, YouTube, Twitter
The Ms. Foundation published research last week advocating for more financial support for women and gender nonconforming people of color leading nonprofits on the frontlines of social justices issues. “At this moment, when women and women’s bodies and gender nonconforming folks are being attacked on a daily basis, are they willing to move 10% to us?” Teresa Younger, Ms. Foundation’s president and CEO, said of other foundations. The Ms. Foundation found that many frontline organizations, like Power Rising, work across issue areas, often in tandem with other groups and in response to unfolding events. The organization advises foundations to build on trust-based giving, to support self-guided capacity building for these organizations, and to diminish grantmaking tied to specific issue areas. ___Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Alex Soros, George Soros, Trump, ” Alex Soros, Shawnda Chapman, , ” Teresa Younger, it’s, Laleh Ispahani, Ketanji Brown Jackson, Leah D, Daughtry, grantmaking, Ispahani, Mark Malloch, Brown Organizations: Open Society, Society, Ms, Foundation for Women, OSF, National Women's Law, Alliance for Youth, U.S, Supreme, Foundation, Associated, Lilly Endowment Inc, AP Locations: U.S
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