There are billionaires in the world who spend their time thinking of ways to grow their wealth and get richer.
They flaunt their money on social media and make the most ridiculous and expensive purchases that cost so much they can feed a small country.
And then there are billionaires who donate millions of dollars to various non-profits on a weekly basis to make sure they continue to change and improve peopleโs lives.
Itโs what billionaire couple Rob and Karen Hale have been doing without fail for the past 52 weeks. In fact, theyโve been philanthropists for a long time. But recently, the couple has been focused on giving their money to smaller organizations.
Rob is the co-founder and president of Granite Telecommunications, as well as the co-owner of the Boston Celtics. According to Forbes’ estimates, he’s now worth about $5 billion.
With more money than they could ever spend from their profits at Granite Telecommunications and the Boston Celtics, Rob and Karen know how truly blessed and fortunate they are.
This is why theyโre all for extending their blessings and good tidings to their community, which can benefit significantly from their financial contributions and donations.
As of late September, the couple has donated $28.5 million to 29 non-profit organizations, some of which are involved in cancer and environment programs.
The Hales have also contributed to organizations dealing with Dominican Republic shelter issues and initiatives that aim to provide greater access for Boston youth who want to be active in service missions.
The billionaire couple knows that many small organizations with great causes and projects lack funding and financial support.
To make sure that these organizations will remain sustainable, Rob and Karen donate money as charitable endowments. This way, non-profits can generate annual income streams from which they can use a certain percentage.
Many of these million-dollar donations and charitable endowments support non-profit organizations like South Short Stars, which provides quality early education and youth development programs for the communities of south Boston, and the Joe Andruzzi Foundation, which helps cancer patients.
Apart from these, the Hales have also donated millions of dollars to various hospitals and institutions in Boston, including Domestic Violence Ended (DOVE), with the funding directly impacting the victims and survivors and even possibly constructing a new building for the organization.
The Ron Burton Training Village, a camp run by Steve and Paul Burton of WBZ-TV, is another recipient of these one million dollar donations.
A lot of these non-profits generate yearly revenues of less than $5 million. They were also some of the most heavily hit by the pandemic.
After all, it was challenging for these non-profits to hire people or hold fundraising events virtually.
With the Hales’ charitable endowments, their one million dollars can grow over time if non-profits will invest in them. This way, they can have a more stable future, not worry about where to get the funding, and just focus on doing the real work.
Suffice it to say, the Hales find happiness in making these generous donations. For them, their greatest gift is knowing that they’re helping people who will help other people.
And the great thing about this is that the Hales arenโt the only ones sharing their wealth.
As the world’s billionaires grow their wealth, they’re also finding ways to give away some of their excess riches. Like Rob Hale, Warren Buffett, and MacKenzie Scott, these billionaires and business tycoons are using their money and resources to chip away at the wealth gap.
With the generous financial help of Rob and Kate Hale, they can ensure these impactful organizations will continue to thrive and provide them with a bit of financial stability in these uncertain times.
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So wonderful knowing there are people in the world who care enough to give others a hand up! We have a nonprofit in Easton called Fostering Hopeโฆ. We are a donation based nonprofit that helps children in the foster care system. We have a Foster Share Closet set up for families to come in & shop & everything is free! We keep everything stocked with monetary & physical donations. We can always need help to continue supporting our families. Feel free to visit our website fosteringhopepa.com
This is such a wonderful and generous charitable donation! Glory to God! I pray you are blessed in return for the kindness and generosity that is in your heart. Sooooooooooooo good to here such things are happening without strings attached.Good for you!
If there is an article like this there should be a way to sign up for it or a link.
It goes without saying what an amazing couple you are. I could go on and on explaining why I would love this life changing experience but I just want to say thank you. Thank you for caring about all of the people in this world who are less fortunate. We hear so much negativity all around us but there are truly good people in this world. God Bless you both๐
This is so truly amazing that there are wonderful people out there that are making a difference for others! People like you, are our heroโs! I myself have and currently care for a disabled relative whom had cancer at a very young age. This struggle is real and pains your very soul to endure the treatment, the road to recovery, remission and pray dailyโฆ it never returns. Thankyou for making a difference for things that matter in our world!
I was diagnosed with breast cancer in February of this year I had a double mastectomy stadtbir reconstruction. One of them became infected and the incision would not heal. So they had to drain all saline from one side, so now I’m lop sided. My husband and myself has lost our insurance now. They told me it would be 2000. To 3000.00 each fill . We don’t have that kind of money
Lovely gesture. I imagine what I would do to help others of I won the lottery. Great to see this happening.
Hi, I would love to receive a million dollars from anyone who willing to give it to me and Iโm sure anyone would!! Iโm living on disability and living with multiple health issues. Iโm trying to help my family too and friends in their lives. We have had some hard times lately. My grandson broke his arm and my daughter is due with her fourth child while surviving a house fire. Itโs been a rough week for us all. She expecting Monday and I only stay in my sisters 2 bedroom cabin with very little room. They will probably have months before they can move back in their home. We could really use the help. My email :marlene.meade68@hotmailcom for anyone who will give us a free will offering. Thank you
So awesome to read. Inspiring when the people that can help choose to do so. The best of humanity.
Thank God for your benevolence. Please I want to have a child wit IVF but no money to give it a trial or adopt. Please kindly help me
Good day, My name is Kim . I hope and Pray this is not a joke,or anything like that. And not trying to play with people’s emotions. I would like to open a bin store . You might ask why. Well it would help Senior Citizens who cannot afford their co-pay to Drs offices etc etc. It is so hard on them. Sometimes they cannot go to Drs because they cannot afford it. If it was not for Seniors that kept the United States going there would be no jobs ,etc etc. . The Seniors somehow have fallen through the cracks.Shameful on us if we keep letting it go on.I am trying to get it to be a National Senior Day.They Deserve every bit of it.Thank you for Taking the time to read this. I just hope this is not a scam. Always know the seeds you sow today will be the seeds you reap tomorrow. So i Pray this is not a joke . I Thank you Kim.
Your generosity is absolutely beautiful to go to really need it. I went through a program back in 2012 called TEEN CHALLENGE it to live in discipleship program break people that are on drugs and alcohol. Itโs a year-long program I live in and itโs a plus program that Iโve never seen ever I was a 40 year addict and a friend of mine told me about it and I went and been sober for 11 years on the 12th of this month with this being said they would be, so grateful to be blessed with the donation from you. I pray that you find it in your hearts to reach out to them, and to help them out because they live off of donations.
This is the best story in a long time!! Thank you for being wonderful people and PLEASE think about youth sports while you’re being so kind!! God bless you folks, Best Regards Mr.Kufner
First, thanks for giving back and helping others. My husband and I are both 63, and ran into some tough times about 11 years ago and lost all our savings, had to move in with his Mother for a few years, and in that time my husband struggled with depression due to feeling he let his family down. We are try to get back on track, we would like to be able to buy our forever home, but have so much debt that Iโm not sure we can get out from under. If you would consider helping us that would mean the world to us. Not asking for a hand out but a hand up. Thanks
I would love the opportunity to receive this to set up a company helping anyone weather itโs alcohol/drugs or mental health get to the root of why they do this? I grew up in adversity and I believe Adverse childhood experiences have such a massive impact on health years down the line I want to study further into this?
I am currently 12 years sober studying the RCP course Iโve healed so much and I would love this opportunity to educate myself even further to open my own business x
It has been my experience the organization โSherrys Runโ in Lebanon Tn was the most compassionate and giving while my taking care of my husbands terminal life ending cancer.
Our daughter who was in her Sr. Year was difficult to say the least. He passed on Christmas Day. My contact for this organization was Scotty Rickets and he was wonderful. I had already took care of my father who passed of Alzheimerโs and my mother who passed of leukemia. I went onto also take care of my Step father 92 till he passed of a stroke. But if I had to do it all over I would still take care of them. Needless to say I got my daughter off to college and she graduated with honors all on academic scholarships. I am so proud of her and I know her father would be too. I work in a car plant now 63 live by my self for 12 years. I am inspired by your story and wanted to share mine with you as well. Peace to you both.