• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Successphilanthropy

Bill Gates and other major donors just led a teaching platform to a banner year by leaning into Gen Z’s ‘distrust of larger institutions’

By
Glenn Gamboa
Glenn Gamboa
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Glenn Gamboa
Glenn Gamboa
and
The Associated Press
The Associated Press
Down Arrow Button Icon
August 21, 2023, 10:30 AM ET
Bill Gates
Bill Gates is a major donor.AP Photo/Evan Vucci, File
Add Fortune on Google for similar content.

Kerry Richardson likes that some of her fellow teachers at Richmond Public Schools in Virginia nicknamed her “Walmart.” Others call the second grade teacher “Boy Scout.”

Recommended Video

Yes, Richardson says with a laugh, she is always prepared to lend fellow teachers whatever they may need. She says that’s only possible because of supplies she gets from DonorsChoose, the online platform that connects teachers seeking materials for their students and classrooms with contributors looking to support their efforts.

And Richardson is not alone.

DonorsChoose has seen a banner year for donations in 2023, setting records by collecting nearly $10 million during Teacher Appreciation Week in May. Earlier this month, the Bill & Melinda Gates Foundation donated $2 million to match 50% of all DonorsChoose pledges for one day — a marked departure from the way the largest U.S. philanthropy normally makes donations, based on its own meticulous research and big-picture priorities.

DonorsChoose is also seeing plenty of engagement from donors in a time when overall giving is generally down, especially among young people.

Alix Guerrier, DonorsChoose CEO, says families with school-age children use the platform to teach their kids about generosity because the kids understand what getting sports equipment or school supplies means to students who don’t have any. He said the platform’s appeal to slightly older donors is even stronger.

“Among young adults — whether that’s Gen Z or maybe even into millennials — there is a distrust of larger institutions and a high premium placed on directness,” Guerrier said. “They actually have an interaction with the teacher right through the platform and can give a word of support. The teacher sends their thanks and gives evidence of what happened. So that kind of directness really appeals to them.”

The model — created in 2000 by Charles Best, who was teaching at a public high school in The Bronx — actually appeals to plenty of philanthropists, both big and small. Teachers go on the platform to ask for supplies that their districts do not provide. When donors fully fund the campaign, DonorsChoose sends the teachers the supplies.

On any given day, philanthropist Craig Newmark, founder of Craigslist, will likely boost a handful of DonorsChoose campaigns from his personal account on the X platform, formerly known as Twitter. Actress and SAG-AFTRA board member Yvette Nicole Brown does the same. As does stand-up comic and talk show host W. Kamau Bell.

“It’s one of the best days of the year: @DonorsChoose match day,” Bill Gates wrote on X, earlier this month, announcing the Gates Foundation’s match. That day, DonorsChoose raised $8 million between the Gates Foundation match and nearly 40,000 donations for 24,000 teachers.

Bob Hughes, director of K-12 Education for the Gates Foundation’s United States Program, said he considered the donation a privilege to help support teachers, especially with the current shortage following the COVID-19 pandemic.

“We’re a strategic philanthropy and our goal is to change big levers in the world,” said Hughes. “We happen to do big things. We’re looking at math curriculum and we’re looking at assessment and we’re looking at professional learning and those are big, hairy, systemic problems. But DonorsChoose is just an opportunity to lead a little bit more with your heart.”

In 2022, the Gates Foundation donated $290 million to K-12 education in the United States to address large issues in the sector, especially around improving students’ understanding of math. However, Hughes said reaching small goals also makes a difference.

“Every bit counts and every single day in the life of a student and teacher is important,” he said. “If we can change the trajectory of those days in ways that benefit them, that’s super exciting.”

These small donations mean Richardson’s students in Richmond get to learn earth science by making “edible dirt” – a mixture of butterscotch chips, crushed Oreos and other treats representing the layers of soil – with some gummy worms on top for good measure. It’s a relatively low-cost science activity, but in a district where more than 34% of the students live in poverty, those expenses have to be subsidized by somebody.

“DonorsChoose taught me to create, that I could bring ideas in my mind to fruition,” Richardson said. “And it’s also helped me create an equitable classroom, equal when compared to classrooms in Northern Virginia or even private school classrooms that tend to be better supplied.”

Erick Odom, social studies teacher at the East Bronx Academy for the Future in New York, said DonorsChoose has helped him turn his classroom into a place where his students can feel comfortable. He is excited about getting a combination air fryer and microwave for his classroom this coming school year, so his students can make healthier meals.

“When the students see the boxes coming in, they really appreciate it,” Odom said. “Even if it’s only small things, I want them to understand that this comes from other people — doing it for them. It means a lot.”

_____

Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Glenn Gamboa
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

p
Personal Financephilanthropy
American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it
By The ConversationJune 26, 2026
1 hour ago
merlin
North AmericaWorld Cup
Merlin the Duck was allowed inside Mexico City’s Azteca Stadium, but only to film a commercial
By Nayara Batschke and The Associated PressJune 25, 2026
10 hours ago
Students happy outside of school
SuccessColleges and Universities
One U.S. college is fixing tuition at just 10% of parental income: ‘We’re not hiding the cost of college behind secret formulas’
By Emma BurleighJune 25, 2026
16 hours ago
Sundar Pichai
SuccessCareers
Google CEO tells graduates to stop obsessing over first jobs because ‘very few moments are make or break’ in life—a lesson he learned in Vegas
By Preston ForeJune 25, 2026
17 hours ago
TIAA CEO Thasunda Brown Ducket
SuccessFortune 500: Titans and Disruptors of Industry
TIAA’s CEO made $26,000 in her first job but still maxed out her 401(k). She has advice for Gen Z
By Emma BurleighJune 25, 2026
17 hours ago
nido
Commentary250 Years of Innovation
As an immigrant turned entrepreneur and college president, here is why I celebrate our nation as it turns 250
By Nido R. QubeinJune 25, 2026
20 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
1 day ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
2 days ago
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Success
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
By Orianna Rosa RoyleJune 25, 2026
1 day ago
Current price of silver as of Thursday, June 25, 2026
Personal Finance
Current price of silver as of Thursday, June 25, 2026
By Joseph HostetlerJune 25, 2026
19 hours ago
Current price of oil as of June 25, 2026
Personal Finance
Current price of oil as of June 25, 2026
By Joseph HostetlerJune 25, 2026
19 hours ago
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
Economy
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
By Tristan BoveJune 25, 2026
11 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.