Chronicle of Philanthropy

WASHINGTON, DC – MAY 07: Internal Revenue Service (IRS) Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill on May 07, 2024 in Washington, DC. Werfel testifies on the fiscal year 2025 budget request for the Internal Revenue Service. (Photo by Kevin Dietsch/Getty Images)

IRS considers cracking down on $230 billion charitable sector that critics call ‘warehousing of wealth’

By Stephanie Beasley and Chronicle of Philanthropy

Warren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

Warren Buffett’s $541 million gift to his foundation topped the list of supersized charitable donations in 2023

By Maria de Mento and Chronicle of Philanthropy

Photo of MacKenzie Scott

Mackenzie Scott, one of the world’s richest women, has given away $14 billion, nearly half her fortune, in just 3 years

By Maria Di Mento and Chronicle of Philanthropy

FILE – Bill Gates speaks during the Global Fund’s Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. As the ranks of America’s super wealthy grow, the roster of major philanthropists is expanding to include not-so-typical megadonors — among them, a professional clarinetist, a Ph.D. in meat science, and a lawyer who regularly argues before the U.S. Supreme Court. (AP Photo/Evan Vucci, File)

Bill Gates gave away $5.1 billion last year but Warren Buffett isn’t far behind. Check out the biggest philanthropists of 2022

By The Associated Press and Chronicle of Philanthropy