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These large funders look big, but they actually are tiny in comparison to individuals. I've also modeled the "third wave of philanthropy" (per @nanr.bsky.social) AI-based funders here, which will represent a substantial addition, but still just a segment of the larger picture.

Dustin Moskovitz@moskov.goodventures.org

Some of the 2025 giving data is out now. Per prior reporting, MacKenzie Scott gave at higher velocity in 2025. The Bloomberg foundation and the Lilly foundation have also been accelerating. In 2026, those three + Gates of those will be likely give in the $5-10B range.

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Good to point out that it is mostly individuals (who are not billionaires). So, philanthropy is not just linked to the rich that results In the expected talking points about the rich. I would like a metric from Forbes and co on how fast the rich give to charity, not just how much. Need it faster.