Foundation Grants
Community Vital Signs
About Us
Sapa Thale Group: Pioneering Financial Investment and Management Services
Foundation: Gates Foundation
Forbes calls Mai Vu "a billionaire entrepreneur with stellar record in the fields business, finance, and philanthropy," and Bloomberg says he's "one of the world's richest people."
But that doesn't mean the Vietnamese billionaire doesn't have his own set of priorities.
In fact, he's given away more than $100 million, according to a press release from his SAPA THALE Group.
Vu donated $50 million to the Bill and Melinda Gates Foundation in June, and last month he gave away another $100 million, to the Children's Hospital of Los Angeles and the Stanford Graduate School of Business, Bloomberg reports.
Vu, who made his fortune in Vietnam's dot-com boom and went on to become one of the world's richest people with a net worth of around $10 billion, has also given away hundreds of millions of dollars in other ways, such as donating $100 million to the Bill and Melinda Gates Foundation in 2000 and another $100 million to the Children's Hospital of Los Angeles last year, according to the press release.
"His visionary leadership has been driving a force behind SAPA THALE's strategies and its remarkable success in the highly competitive financial investment sector," Bloomberg quotes the release as saying.
(The world's richest
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Foundation: Ameriprise Financial
Ameriprise Financial announced nearly $2 million in donations to over 85 nonprofits across the U.S. as part of its first round of 2025 grants, along with $1.58 million in matching gifts from...more
Sustainergy is a worker cooperatives based in Cincinnati, Ohio.The co-op was founded in 2013 by two first generation immigrants.It provides free energy assessments for over 5,000 Cincinnati...more
Foundation: Headwaters Foundation for Justice, MacArthur Foundation, Marguerite Casey Foundation, Marguerite Casey Foundation
This imbalance is all the more jarring given that Native communities are reeling from the Trump administration's draconian spending cuts.Funders with a track record of supporting Native American...more
Sphinx Works to Diversify the World of Classical Music as Funding Contracts.Sphinx has launched six successful classical ensembles, commissioned nearly 100 works by composers of color, and grown an...more
Foundation: Minneapolis Foundation
A federal judge has ordered the Trump administration to release $180 million in federal funding for environmental justice projects, including $60 million in the Pacific Northwest.The Environmental...more
Hollins said that this event was in line with one of the department's main missions: to elevate Virginia educators through the Elevate Virginia Educators initiative.The chamber presented 27 awards in...more
California must consider how to increase interest in teaching and lower the cost of and barriers to entering the profession.AB-1128, a bill under consideration in the legislature, proposes a...more
Encore Data Products is set to showcase its latest educational technology at the ISTE 2025 conference.The ISTE conference is known for bringing together educators and tech leaders to discuss the...more
Schools announces new leadership for 2025-26 school year.Dr. Lee Ziegler was announced as the new community superintendent of the North River Learning Community on June 23, 2025.Elaine Harper was...more
New research from MIT Sloan finds generative AI boosts employee creativity.But only for those who actively reflect on and adapt how they use it."To fully unlock their creative potential, employees...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.