All articles tagged with #charity donations
Taylor Swift donated over $2 million to various charities, including Feeding America, the American Heart Association, and MusiCares, during the holiday season, supporting causes like hunger, heart disease, and artist welfare, with her donations also inspiring her fans to give back.
Prince Harry completed a four-day visit to the UK, which included a private meeting with King Charles, charitable engagements, and donations to support children in need, before returning to his family in California.
Jeff Bezos and Lauren Sánchez discreetly donated to Venetian charities in April as part of their wedding planning, involving their guests in philanthropic efforts and sourcing most wedding goods locally, amid mixed reactions from Venice residents and officials.
Elon Musk faced criticism for a now-deleted social media post in which he criticized MacKenzie Scott's charitable donations to race and gender rights charities, suggesting that "super rich ex-wives who hate their former spouse" are contributing to the downfall of Western civilization. Scott, who received a substantial divorce settlement from Jeff Bezos, has pledged to donate half of her fortune to charity and has already made significant contributions. Musk's post is seen as part of his vocal opposition to diversity, equity, and inclusion initiatives, and may also reflect his rivalry with Bezos, who recently surpassed him as the world's richest person.
Buffalo Bills kicker Tyler Bass received an outpouring of support from fans who made over $110,000 in donations to a nonprofit cat adoption group in his name after he missed a crucial kick in a playoff game. The donations, mostly in $22 increments to match his jersey number, were made to show support for Bass, who has also received backing from the Bills organization and general manager Brandon Beane, despite facing online criticism.
Adidas expects a slight decline in sales for 2023, a better outcome than previously anticipated, as strong demand for its remaining Yeezy shoes helps narrow the projected full-year loss. Sales of surplus Yeezy shoes generated around €400 million ($437 million) in the second quarter, allowing Adidas to reduce its predicted loss for the year to €450 million. The company has set aside €110 million for charity donations, including organizations combating antisemitism. Overall sales were flat in the second quarter compared to the same period last year, with gross margins increasing due to less discounting. Adidas now expects currency-neutral revenues to decline at a mid-single-digit rate in 2023.