Chuck Feeney'S Legacy Is a Lesson for America'S Billionaires


Foundation: Atlantic Philanthropies

Chuck Feeney is "my hero and Bill Gates' hero," Warren Buffett once said.

"He should be everybody's hero."

Mother Jones calls the billionaire "the James Bond of philanthropy."

The 92-year-old Feeney, who died Monday, was already a billionaire when he pledged in 2016 to give away most of his $8.6 billion fortune, but by the time the Giving Pledge was announced, he was no longer a billionaire.

Instead, he had given away most of his money over the past three decades, keeping about $25 of it for himself and his second wife to live on in their old age.

The New York Times reports Feeney's giving streak was the second-longest in the history of the Giving Pledge, which was started by Buffett and the Gateses in 2010.

The Giving Pledge encourages billionaires to give away a majority of their wealth.

Feeney's giving streak started in the early 1980s, when he and a friend invented the duty-free industry and made hundreds of millions of dollars a year selling tax-free liquor to US troops overseas.

After that, he gave away most of his money over the next three decades, keeping most of it for himself and his second wife.

He once said that for every $100,000 he gave away, he kept

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

We Will Take Part in the Soccer Tournament 2025

Atleti will take part in The Soccer Tour (TST) 2025, the prestigious winner-takes-all 7-a-side tournament.The Soccer Tournament will include international clubs such as Villarreal CF, AFC...more

Lessons From the 2024-25 Year: Consensus Opinion

The Technique looks back at what made this year at the Institute worth remembering.The Institute is working to reshape its STEM-only reputation, cultivating an interdisciplinary environment that...more

Verizon Disaster Resilience

Verizon Disaster Resilience supports game-changing climate tech solutions.Discover how Verizon is empowering communities to foster disaster resilience through innovative technology.Verizon, in...more

Sustainability Leadership in Action

Michael Hwang is director of sustainability go-to-market strategy at Microsoft.Hwang returned to ASU to pursue an Executive Master of Sustainability Leadership in 2021.Toppan Merrill's primary...more

Unleashing American Innovation

CFR President Michael Froman and Senior Fellow Rush Doshi discuss takeaways from the Endless Frontiers retreat.Froman: Maintaining the United States' edge will demand a new era of innovation and...more

Watch Abc News 'Earth Week 2025' Coverage on Abc, Hulu &Amp; Disney+

ABC News Groups' programming will feature a variety of impactful stories, features and content beginning on Monday, April 21."Good Morning America" and "GMA3" will spotlight the sustainable homes of...more

Experts: Earth Day

Karen Bailey, assistant professor of Environmental Studies, can discuss the importance of including the perspectives of the most impacted and marginalized communities when designing strategies for...more

New York Climate Exchange Aims to Find Innovative Solutions to Climate Change

New York Climate Exchange CEO Stephen Hammer joined "The Rush Hour" on Friday to talk about the impact of climate change on city infrastructure.Earth Week events are underway in the city, with many...more

Global Shipping Moves Toward Net-Zero Under New Imo Rules

Global Shipping Moves Toward Net-Zero Under New IMO Rules - Environment+Energy Leader IMO Approves First-Ever Net-zero Framework for Shipping.New draft regulations could transform the global shipping...more

Glitches, Unproven Tech in Pa's New Financial Aid System Exacerbated Delays For Students

School administrators questioned why PHEAA pressed ahead with its software upgrades.The agency used both the old and new systems, moving data back and forth between them.The new FAFSA wasn't ready...more






Social entrepreneur, Stefan Wolf , founded the Beyond the Four Walls, which builds cyber “resource centers” (aka Internet cafes) in rural areas for young women to run.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2025 Copyright Michael Saunders