Bentz Whaley Flessner

Philanthropy News Blog

Despite plunging oil prices and a weakened euro, the ranks of the world’s wealthiest defied global economic turmoil and expanded yet again. For our 29th annual guide to the globe’s richest, we found a record 1,826 billionaires with an aggregate net worth of $7.05 trillion, up from $6.4 trillion a year ago.  The total includes 290 newcomers, [...]

Emory University’s Alzheimer’s Disease Research Center will receive a transformational donation to support advanced research into early detection of Alzheimer’s disease. The Goizueta Foundation is committing $25 million toward research aimed at fundamentally changing the way Alzheimer’s disease is detected and treated. “Because Alzheimer’s disease starts decades before symptoms begin, research to determine who will [...]

There have been any number of pieces written about how the millennial generation is consciously refusing to do things that preceding generations thought were perfectly reasonable, such as playing golf or investing in the stock market or even doing a single nice thing for someone else! This seems to have caused some consternation on Wall [...]

Ray Irani, trustee, alumnus and Judge Widney Professor of Chemical Engineering at the Viterbi School of Engineering and Dornsife College of Letters, Arts, and Sciences, has donated $20 million to fund the creation of the new Ray Irani Residential College at the USC Village, projected to open in spring 2017. The $20 million donation contributes [...]

Impact/mission investing is seen as the most promising approach to philanthropy by high-net-worth individuals in Asia, Europe, the Middle East, and the United States, a report from PNB Paribas Wealth Management and Forbes Insights finds. Based on a survey of some four hundred individuals with at least $5 million in investable assets, the 2015 BNP Paribas Individual Philanthropy Index found that [...]

After a recent government crackdown on the multibillion-dollar career-training industry, stricter limits on student aid and devastating publicity about students hobbled by debt and useless credentials, some for-profit schools simply shut down. But a few others have moved to drop out of the for-profit business altogether, in favor of a more traditional approach to running [...]

  Sarah Lawrence College announced today that prominent alumna Barbara Walters, noted broadcast journalist and author, together with her charitable trust have made a gift of $15 million to establish The Barbara Walters Campus Center on the historic College’s 44-acre campus just north of New York City in Westchester County. The gift represents the largest single donation in the College’s 89-year history and comes [...]

A Corona del Mar couple who accused Chapman University officials of manipulating them into a $12-million donation will drop their lawsuit against the college, according to a joint announcement. Instead of suing to recoup their gift, James and Catherine Emmi have agreed to a “restructuring of previously donated funds” to create a scholarship program for [...]

Lilly Endowment announced Wednesday it has awarded Purdue University with a $40 million grant — the biggest cash donation in the history of the university. Purdue officials said the money will be used to fund initiatives in ground-breaking research, expand high-tech job growth throughout Indiana as well as nationally and globally, and enhance opportunities for [...]

The University of Cincinnati College of Law received a major donation from an alumnus to help fund a new facility. James B. Helmer Jr., president of Cincinnati-based Helmer, Martins, Rice & Popham Co., gave $1.6 million to the college’s new building fund. This is Helmer’s second donation to the cause. He provided $1 million for the fund [...]