U.S. BUSINESS

U.S. Philanthropy News

This section covers philanthropy in the United States — major gifts, foundation activity, charitable giving trends and the policy and strategic decisions that shape how large-scale giving is organized. Reporting takes in both individual donors and institutional giving.

Toy Foundation Names 122 Finalists for 2027 Awards

Toy Foundation Names 122 Finalists for 2027 Awards

The Toy Foundation announced 122 finalists for its 2027 Toy of the Year Awards at the Chicago Toy & Game Fair in Rosemont, Illinois.

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Statewide reporting here covers large gift announcements and the conditions attached to them, foundation strategy shifts, endowment performance, the tax and regulatory environment governing charitable organizations, and the causes and institutions that attract the largest volumes of organized giving. New York, Los Angeles, Chicago, Houston and Phoenix are the cities where the largest concentrations of philanthropic capital are managed and where major gift announcements most often originate. Foundation strategy shifts — changes in focus, geography or grantmaking approach — generate sustained coverage because they redirect significant capital and signal broader shifts in how wealthy donors are thinking about social problems. The relationship between philanthropy and public policy has become an increasingly explicit coverage subject, as large foundations take more visible positions on federal and state policy questions.