Thalia Beaty

Stay informed with Thalia Beaty’s coverage and analysis for Fortune.

Ray Dalio attends the Fortune Global Forum Riyadh 2025 on October 27, 2025 in Riyadh, Saudi Arabia. (

Personal Finance

Ray Dalio donates $75 million to ‘Trump Accounts’ as Scott Bessent leads ‘50 State Challenge’ to invest in America’s kids

By Thalia Beaty and The Associated Press

mackenzie

Personal Finance

‘This year, I really see education and climate’: Patterns in billionaire MacKenzie Scott’s massive giving emerge with time

By Thalia Beaty and The Associated Press

Giving Tuesday

In just 13 years, Giving Tuesday has grown into a $4 billion philanthropic bonanza

By Thalia Beaty and The Associated Press

michael dell

Michael and Susan Dell believe their $6.25 billion donation for ‘Trump Accounts’ is the largest single private commitment to U.S. children

By Thalia Beaty and The Associated Press

Annie, right, and her husband Jacob Ma-Weaver are photographed in San Francisco, Tuesday, Oct. 7, 2025. (AP Photo/Godofredo A. Vásquez)

These millennials working in finance and tech were among the donors who gave over $125 million after Trump slashed foreign aid

By Thalia Beaty and The Associated Press

Reagan

Top economist blasts ‘incredible cynicism and betrayal of Reagan by his own foundation’ as free trader’s image tarnished in tariff fight

By Bill Barrow, Thalia Beaty, and others

Todd Young

600% tax hike on private foundations cut from Trump’s BBB after extensive lobbying: ‘This took some persuasion’

By Thalia Beaty and The Associated Press

Points of Light president and CEO Jennifer Sirangelo and Neil Bush, chair, speak at the 2025 Points of Light Conference in New Orleans, Friday, June 6, 2025. (AP Photo/Matthew Hinton)

President George H.W. Bush’s nonprofit plans to spend $100 million to boost volunteerism in America as Trump’s funding cuts threaten organizations

By Thalia Beaty and The Associated Press

United Way CEO Angela Williams

You can win a grant for up to $50,000 to give a nonprofit of your choice, thanks to a new award for ‘civic bravery’

By Thalia Beaty and The Associated Press

FILE – Sam Altman, CEO of OpenAI, at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. (AP Photo/Aurelien Morissard, Pool, file)

OpenAI’s CEO just ditched a months-long effort to abandon non-profit control over its for-profit business

By Matt O'Brien, Thalia Beaty, and others

President and CEO of the Marguerite Casey Foundation Carmen Rojas poses for a portrait in Kansas City, Mo., on Tuesday, April, 22, 2025. (AP Photo/Ed Zurga)

UPS founder’s nonprofit is ramping up donations to $130 million to fill a ‘void’ left by Trump’s policy changes

By Thalia Beaty and The Associated Press

Low angle view of Morgan Gate (class of 1877) entrance to Harvard Yard, Harvard University, Cambridge, Massachusetts, USA. (Photo by: Spencer Grant/GHI/UCG/Universal Images Group via Getty Images)

A 116-year-old law gifted Harvard and most universities with tax-exempt status. Can Trump actually revoke it?

By Gabriela Aoun Angueira, Thalia Beaty, and others

Bernice King gives a speech

Martin Luther King Jr.’s daughter says housing discrimination is rearing its ugly head again: ‘We may end up right back where we were in the ’50s’

By Thalia Beaty and The Associated Press

Laura Meissner poses for a portrait in front of the United States Agency for International Development (USAID) headquarters, Wednesday, April 2, 2025, in Washington. (AP Photo/Rahmat Gul)

Laid-off USAID employees are taking matters into their own hands to bridge the gap after DOGE cuts

By Thalia Beaty and The Associated Press

Elon Musk departs the Capitol following a meeting with Senate Republicans, in Washington, Wednesday, March 5, 2025. (AP Photo/J. Scott Applewhite)

Judge bars Trump administration from shutting down federal African development agency

By Thalia Beaty and The Associated Press