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Charitable Foundation

All articles tagged with #charitable foundation

human-interest2 years ago

"Tyler Perry Honors Promise to 94-Year-Old Land Defender with New Home"

After the passing of 94-year-old Josephine Wright, who fought to protect her family property, Tyler Perry will honor his commitment by handing her family the keys to her new home. Wright's story garnered widespread support, including from notable figures like Snoop Dogg and Kyrie Irving. Perry expressed his condolences and pledged to fulfill his promise to Wright. Her family plans to establish a charitable foundation in her honor, and a homegoing service will be held to celebrate her legacy.

international-relations2 years ago

European Court Upholds EU Sanctions Against Abramovich Over Alleged Putin Ties

The European Court of Justice (ECJ) will decide on Wednesday whether to remove former Chelsea owner Roman Abramovich from the European Union's sanctions list, which was imposed on him and other Russian officials following the invasion of Ukraine in 2022. The EU claims that Abramovich's close ties to Vladimir Putin allowed him to maintain his wealth and provide revenue to the Russian government. Abramovich has filed a case against the EU, arguing that his inclusion on the list violates his fundamental rights. He is also seeking €1 million in reputation damages to be donated to a charitable foundation for victims of conflicts. The UK government is currently working on establishing a foundation to manage the proceeds from the sale of Chelsea FC, which Abramovich intends to donate to benefit Ukrainians affected by the war.

heartwarming2 years ago

Frugal Man's Surprise $3.8 Million Gift Transforms Small New Hampshire Town

A man who lived frugally in a small New Hampshire town left an unexpected gift of $3.8 million to the community after his death. Geoffrey Holt, who lived simply and on social security checks, left his fortune to the town of Hinsdale through a trust fund he established in 2001. The funds will be managed by the New Hampshire Charitable Foundation and used to support projects, programs, and organizations that benefit the residents of Hinsdale. The town is considering using the funds for various purposes, including purchasing an electronic voting machine and fixing the town hall clock. Holt's generosity has the potential to be transformational for the small community.

social-justice2 years ago

Prince William Takes Action Against Homelessness with New Initiative

Prince William has launched a five-year campaign to end homelessness, which he says should not exist in a "modern and progressive society". The Prince of Wales's charitable foundation is putting in £3m of start-up funding to help make homelessness "rare, brief and unrepeated". The campaign aims to bring together local coalitions of housing experts, charities and private industry to develop housing projects and support services, addressing different ways that homelessness occurs, whether in big cities or coastal towns. The prince heard first-hand from people being helped by the Faithworks project, who told him about the sense of isolation among those facing homelessness and the need to rebuild their confidence and sense of self-belief.