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From: Philanthropy Today
Subject: In Bellwether Case, Fearless Fund Ends Grant Program for Black Women
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In an interview, Melinda French Gates describes her life as a series of evolutions, from getting better at giving away money, to learning how to combine philanthropy and political activism. With a limited-liability company, Pivotal Ventures, and a foundation at her disposal since her departure from the Gates Foundation, she now has the flexibility to give to, invest in, and lobby for women’s issues and says she feels “extraordinarily energized about the work ahead.” (Vanity Fair)
Background from the Chronicle: Melinda French Gates Is Championing Reproductive Rights. Will It Lead to More Donations?
A Las Vegas man has admitted to running a telemarketing scam that duped people into thinking they were donating to charity, while he pocketed most of the money. Federal prosecutors say Richard Zeitlin took in hundreds of millions of dollars via call centers soliciting for charity and political action committees starting as early as 1994. From 2017 through 2020, they say up to 90 percent of the money collected went to Zeitlin’s companies. Zeitlin advised some prospective clients to operate PACs instead of charities to avoid some regulations and then instructed staff to represent PACs as charities to prospective donors, prosecutors say. He will forfeit $8.9 million of the criminal proceeds and could spend 10 to 13 years in prison under a plea agreement. (Associated Press)
MacKenzie Scott’s Giving
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