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Why regime charity poses a big problem

Mackenzie Scott, ex-wife of Amazon founder Jeff Bezos, recently announced her intention to take on a new philanthropic endeavor by donating $640 million to charities. Of the $60 billion she received after separating from her husband, Scott has already donated more than $16 billion to various nonprofit organizations. For most people, owning that kind of […]

British public donated record £13.9bn to charity in 2023 | Charities

British people gave a record £13.9bn to charities in 2023, with people in some of the least wealthy areas of the country making the most generous donations, a report has found. The total amount increased by 9% from £12.7bn in 2022, as average monthly donations increased by nearly 40% to £65. The report, produced by […]

Daniel Ricciardo shares special charity helmet for F1 Australian Grand Prix

Daniel Ricciardo is scheduled to return home this weekend. As the F1 grid heads to Melbourne for the 2024 Australian Grand Prix, one of the two Australian drivers in the field (along with Oscar Piastri) is hoping to perform well in front of his home fans. thinking. Ricardo also wants to raise money for charity. […]

Elon Musk’s charity broke tax laws as donations came up short: report

Elon Musk’s charity has repeatedly failed to meet minimum donation thresholds required by tax law, potentially resulting in hefty fines from tax authorities, according to a report. The Musk Foundation, like other charities, is required by law to donate 5% of its assets each year. In 2021, Tesla’s president found himself owed $11 billion in […]

‘Battle of Britain’ Memorial Charity Claims to Have Been Debanked

A charity set up to preserve Battle of Britain monuments has claimed it is the latest victim of the debankment scandal sweeping the UK. Speaking to Brexit leader Nigel Farage, who lifted the lid on UK banks’ debankment practices after publicly revealing that his own accounts had been closed last year, the Battle of Britain […]