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Melinda French Gates advised new millionaires from SpaceX and OpenAI IPOs to commit to giving at least half their wealth away. SpaceX raised $75 billion at a $1.77 trillion valuation. French Gates cofounded the Giving Pledge in 2010, urging the ultra-wealthy to donate most of their fortune.

The Marguerite Casey Foundation plans to donate at least $500 million over the next decade, increasing its annual payout to help nonprofits suffering under President Donald Trump's policies. The White House's cuts to federal funding and attacks on civil society have created an existential crisis for the sector.
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