Philanthropy Leaders Envision a More Equitable Future at TIME100 Impact Dinner

—Jingyu Lin for TIME; Julia Beverly—Getty Images; Bret Hartman—TED; Kendall Bessent for TIME; Courtesy The Tony Elumelu Foundation

(SeaPRwire) –   On May 21, influential philanthropic leaders gathered in New York City for the TIME100 Impact Dinner, where honorees uniformly emphasized a shared commitment: fostering future generations and building a more just global society.

Michael Dell, founder of Dell Computers, and his wife, Susan Dell, were recognized for their philanthropic efforts. In December, they committed $6.25 billion to establish investment accounts for an estimated 25 million children, a contribution widely considered the largest ever made by Americans to fellow Americans.

Susan Dell highlighted the global prevalence of untapped talent, asserting that providing the correct opportunities is key to unlocking a child’s full potential.

“Inherent strength and talent already exist,” she stated. “What is lacking is not potential, but rather access, support, and timely belief from others.”

Michael Dell elaborated on his wife’s perspective, noting that investing in an individual creates far-reaching effects, impacting numerous lives across generations and communities.

Michael remarked, “Opportunity extends beyond transforming a single life; it generates momentum across generations, fortifying families, communities, and nations. The future is not a passive expectation.”

Actor Idris Elba and his wife, activist and businesswoman Sabrina Dhowre Elba, were also recognized. Their Elba Hope Foundation directs its efforts towards the U.S., U.K., and Africa, addressing challenges such as food insecurity, sustainability, and youth advocacy. During the event, they articulated their ambition to reshape global perceptions of Africa and expand opportunities for disadvantaged populations.

Sabrina emphasized, “A narrative is never just a story. How a people are perceived dictates the allocation of empathy, investment, and opportunity, and crucially, whose complete humanity is acknowledged. Africa has often been portrayed through a limited scope of deficiency, characterized by need instead of contribution, and struggle rather than strength. Our aim is to champion a shift in this narrative.”

She added, “While talent is clearly universal, opportunity is not.”

Fellow honoree Chance the Rapper channels his influence and philanthropic efforts toward younger generations in his hometown via Social Works Chicago. This organization collaborates with mental health providers, supports the homeless, and partners with public schools. In his toast, he paid tribute to his Auntie Carolyn, whom he lauded as an “amazing woman” and a “fierce protector of children,” noting her past operation of an unlicensed daycare from her home.

Chance stated, “I believe the duty and commitment we undertake by celebrating ourselves tonight is to persistently advocate for children and construct a safe world for them.”

Anna Verghese, also an honoree, founded The Audacious Project, a collaborative funding initiative under TED. This project raised over $1 billion from 35 donors for 13 nonprofits in just two and a half days. During her toast, Verghese reflected on her experiences among influential individuals dedicated to global betterment, describing them as those “who resist the ego-driven aspects of influence” but instead “embrace the role of crafting the most hopeful narratives when the world most requires them.” She characterized philanthropy’s mission as a “beautiful burden” yet also a source of joy, asserting, “People worldwide are enduring suffering. The planet is suffering. And if we possess the capacity to lessen that suffering, we are obligated to do so.”

Tony Elumelu and his wife, Dr. Awele Elumelu, founders of the Tony Elumelu Foundation, were also honored and underscored the critical need for investing in Africa’s youth. Tony highlighted Africa’s status as the world’s youngest continent, with an average age of around 19.

He commenced his address by stating, “Hailing from Africa, we firmly believe, drawing from our personal experiences and history, that economic empowerment is the most effective path to developing a continent like Africa.” He further explained that by investing in young African entrepreneurs, “we are, in essence, investing in their families, their communities, and Africa’s future generations.”

The TIME100 Impact Dinner: Leaders Shaping the Future of Philanthropy event was sponsored by Rolex, American Express, and The Macallan.

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