Philanthropy

France's President Emmanuel Macron gestures as he delivers a speech at the Lyon's congress hall, central France, Thursday, Oct. 10, 2019, during the meeting of international lawmakers, health leaders and people affected by HIV, Tuberculosis and malaria. Lyon is hosting the two day Global Fund event aimed at raising money to help in the global fight against the epidemics. (AP Photo/Laurent Cipriani)
October 10, 2019 - 4:10 pm
PARIS (AP) — An organization that funds programs to fight AIDS, tuberculosis and malaria raised at least $13.92 billion for the next three years at an international conference, French President Emmanuel Macron said Thursday. The Global Fund said after the conference that Macron, Microsoft co-...
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In this Sept. 26, 2019, photo, cars pass Rockefeller University in New York. Prestigious universities around the world, including Rockefeller, have accepted at least $60 million over the past five years from the family that owns the maker of OxyContin, even as the company became embroiled in lawsuits related to the opioid epidemic, financial records show. Rockefeller accepted more money from the Sacklers than any other school in recent history. (AP Photo/Mark Lennihan)
October 03, 2019 - 2:36 pm
BOSTON (AP) — Prestigious universities around the world have accepted at least $60 million over the past five years from the family that owns the maker of OxyContin, even as the company became embroiled in lawsuits related to the opioid epidemic, financial records show. Some of the donations...
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FILE - In this March 6, 2019, file photo, Henry Nicholas III, left, and Ashley Fargo watch during an NBA basketball game between the Los Angeles Lakers and the Denver Nuggets in Los Angeles. The California technology billionaire and his friend have paid $1 million to avoid prison time while acknowledging evidence against them without admitting guilt in a Las Vegas Strip hotel room drug case. Henry Nicholas and co-defendant Ashley Fargo entered Alford pleas Wednesday, Oct. 2, 2019, in Nevada state court to two felony drug possession charges.(AP Photo/Mark J. Terrill, File)
October 02, 2019 - 6:26 pm
LAS VEGAS (AP) — A billionaire California technology firm founder and his friend took no-jail plea deals Wednesday that had them donate $1 million to charities while not admitting guilt in a Las Vegas Strip hotel room drug investigation. Henry Thompson Nicholas III and co-defendant Ashley Christine...
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People looking at a Aston Martin One-77 Coupe (2011) in front of a Ferrari LaFerrari (2015), yellow, and a Bugatti Veyron EB 16.4 Coupe (2010), blue, part of some 25 luxury cars owned by Teodoro Obiang, the son of the Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo are pictured before an auction of sales house Bonhams at the Bonmont Abbey Golf & Country Club in Cheserex near Geneva, Switzerland, Sunday, Sept. 29, 2019. A collection of luxury cars from Equatorial Guinea's vice president Teodorin Obiang Nguema confiscated by the Geneva prosecutor's office after a deal ending a money-laundering inquiry, are auctioned off in Switzerland and are estimated to bring in 18.5 million Swiss francs. (Laurent Gillieron/Keystone via AP)
September 29, 2019 - 8:44 pm
GENEVA (AP) — Car lovers from around the world splashed out more than $27 million at an auction Sunday for dozens of luxury cars seized from the son of Equatorial Guinea's president in a Swiss money-laundering probe. The 25 lots sold by auction house Bonhams included a white-and-cream 2014...
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FILE - In this Thursday, Sept. 12, 2019 file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. The allegations surrounding wealthy donors such as the Sackler family have raised questions for the museums they supported, including whether to keep the family's name on prominent galleries. The billionaire family is notorious for its ties to the drug company Purdue Pharma, which developed OxyContin, a painkiller that has been at the center of the opioid crisis. (AP Photo/Frank Franklin II, File)
September 18, 2019 - 1:13 am
NEW YORK (AP) — Ask the CEO and president of the Metropolitan Museum of Art whether he's accepting money from the Sacklers, the billionaire dynasty notorious for its ties to the drug company Purdue Pharma, and the answer is somewhat complicated. For one thing, it depends on which Sackler. "There...
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September 17, 2019 - 11:13 pm
LOS ANGELES (AP) — The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds because they are a financial risk, its top financial officers announced Tuesday. "Our job is to make money for the University of California, and we're betting...
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September 13, 2019 - 8:59 am
CASCO TOWNSHIP, Mich. (AP) — A federal judge has dismissed a lawsuit by a former Michigan school principal who says his rights were violated when he was forced out of his job for giving a wooden penis as a gift that he said was based on an inside joke. John Stanton sued Superintendent Leonard...
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FILE - In this April 3, 2017 file photo, students walk past the "Great Dome" atop Building 10 on the Massachusetts Institute of Technology campus in Cambridge, Mass. Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd served time for sex offenses involving girls and young women. Ethan Zuckerman, director of the lab's Center for Civic Media, said director Joi Ito had failed to disclose the deceased financier's funding of the Massachusetts Institute of Technology incubator as well as investments Epstein made in Ito's personal venture capital fund, Wednesday, Aug. 21, 2019. (AP Photo/Charles Krupa, File)
August 21, 2019 - 9:03 pm
CAMBRIDGE, Mass. (AP) — Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd served time for sex offenses involving girls and young women. Ethan Zuckerman, director of the lab's...
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FILE- In this Saturday, July 28, 2012, file photo, members of the band Metallica, from left to right, Lars Ulrich, James Hetfield, Kirk Hammett and Robert Trujillo, pose at a photo-call before their first of eight concert performances in Mexico City. Metallica said Wednesday, Aug. 14, 2019, it has donated 250,000 euros (dollars 277,600) to support the construction of Romania's first paediatric oncology hospital.(AP Photo/Marco Ugarte, FILE)
August 15, 2019 - 3:41 pm
BUCHAREST, Romania (AP) — Metallica says it has donated 250,000 euros ($277,600) to support the construction of Romania's first pediatric oncology hospital. The American heavy metal band, which is very popular in Romania, made the donation ahead of their sold-out show Wednesday in Romania's...
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In this March 27, 2019, photo, Robert Zangrillo departs federal court in Boston after a hearing in a nationwide college admissions bribery scandal. Lawyers for Zangrillo plan to argue that he isn’t much different from parents who make formal donations to schools in the hopes of giving their children an edge in admissions. (Craig F. Walker/The Boston Globe via AP)
August 09, 2019 - 11:11 am
BOSTON (AP) — Robert Zangrillo is accused of paying $250,000 to get his daughter into college as a fake athlete. Prosecutors call it a bribe. But his lawyers say Zangrillo isn't much different from parents who make formal donations to try to give their children an advantage in the admissions...
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