Bentz Whaley Flessner

Philanthropy News Blog

If scientists ever decipher the complex biology behind diseases like schizophrenia, bipolar disorder, and depression, a lot of the credit may go to a few deep-pocketed philanthropists and the money they’ve poured into the tiny stretch along the Charles River in Cambridge between Harvard and MIT. In 2007, Ted Stanley, who amassed a fortune selling [...]

Some 77 percent of organizations with an annual fund meet total fundraising goals as compared to just 55 percent of organizations without such a fund, according to a new report on the impact of annual-fund campaigns in overall fundraising. Published by the Nonprofit Research Collaborative, the report is based on a survey of 945 nonprofits in the [...]

Michigan State University’s Lesbian, Bisexual, Gay, Transgender Resource Center has been named the beneficiary of a $1 million bequest from the estates of an MSU alumnus and his partner, who wish to remain anonymous, which will be used to improve and develop new programs and resources. “We are pleased to partner with alumni and donors who understand [...]

The Broad Institute, a biomedical research juggernaut in Cambridge, has received the biggest gift worldwide for psychiatric research, a $650 million commitment that could help scientists unravel the genetic underpinnings of diseases such as schizophrenia and bipolar disorder and begin to develop better treatments. The gift from philanthropist and businessman Ted Stanley, to be announced [...]

The House will likely pass a bill Thursday that is designed to encourage donations to charities, but the Senate will probably ignore the bill and look to move many of the provisions later this year in separate legislation. The bill would reduce the foundation excise tax from 2 percent to 1 percent and extend the [...]

Donors who give to charity via text are becoming more comfortable and the avenue is becoming their preferred method of giving, if the results of a recent survey are any indication. For the first time since the Text Donation Study began in 2012, text donors chose text giving as their most preferred method of making [...]

For every select up&up school supply purchased, Target will give one school supply to a student in need, potentially impacting nearly two million kids this back-to-school season. Target Corp. announced today that for every select up&up school supply purchased at Target stores from July 13 through August 2, Target will donate one school supply item [...]

Notre Dame of Maryland University has received a $1.5 million gift from The Pitts Family Foundation, among the largest gifts received from a university alumna, that will fund the first endowed chair in the University’s School of Nursing. The Frances Kay Pitts Endowed Chair for Nursing Leadership and Innovation will provide funding for scholarship, research [...]

The Renée and Richard Goldman University of Pittsburgh has received a $3 million gift from alumni Renée K. Goldman and Richard M. Goldman to establish the Renée and Richard Goldman Dean’s Chair in the School of Education. The gift has established an endowment that will be used by the University to support the salary, professional [...]

The Community Foundation of Eastern Connecticut has just been made the beneficiary of an $8 million gift which will be used to protect animals and the environment. It is the largest gift the foundation has ever received by far and it came from a local man whose life style certainly did not reflect wealth, that [...]