Bentz Whaley Flessner

Philanthropy News Blog

Senior scientists including former chief advisers to the UK government and European commission have called on the world’s two largest health charities to sell their investments in leading fossil fuel companies. They argue that the Bill and Melinda Gates Foundation and the Wellcome Trust should offload their holdings in major coal, oil and gas corporations [...]

Cosmetics executive Leonard Lauder is giving future nurses a boost. On Thursday, Hunter College will announce a $10 million gift from Mr. Lauder in support of its school of nursing. The gift will fund salaries and research to attract academics, provide scholarships for students, and enable the purchase and maintenance of equipment needed for instruction. [...]

Some of the world’s top experts in microlending recently gathered to debate a hot topic: Has the microloan boom of the last decade actually helped global efforts to lift people out of poverty? The event was prompted by the latest issue of the prestigious American Economic Journal: Applied Economics, which published a group of independent [...]

After donating $10 million in 2013 to UNLV’s Black Mountain Institute, philanthropist Beverly Rogers on Thursday evening announced an additional $20 million gift from the Rogers Foundation to the literary center. UNLV President Len Jessup called the contribution one of the biggest on record at the university. “It’s tremendous,” Jessup said before the announcement at [...]

Georgetown has received a $4 million gift to permanently endow its Lannan Center for Poetics and Social Practiceas it celebrates its 25th anniversary and prepares for its annual spring symposium – featuring renowned poets, writers, intellectuals and activists – this month. The gift, made by J. Patrick Lannan (C’60) and the Lannan Foundation, sets up the [...]

USC Village is starting to take shape, and so is the giving that supports it. An anonymous donor has given $15 million to endow one of USC Village’s residential colleges, bringing the number of endowed residential colleges at the complex to three. Two previous gifts named McCarthy Honors College and the Ray Irani Residential College. In [...]

The University of Chicago is creating the Onsi Sawiris Scholars Program to provide funding for academically gifted students from schools in Egypt. The initiative is named to honor the father of University Trustee and College alumnus Nassef Sawiris, who has given a gift of $20 million to establish the program. Sawiris publicly announced the gift [...]

Bill and Marilyn Van Sant, of Bayfield, Wis., have established a $3 million bequest for the University of Iowa College of Engineering, the UI Foundation announced in a news release Thursday. This gift provides $500,000 to establish the R. William and Marilyn Van Sant Mechanical Engineering Scholarship, $1.5 million to create the R. William and [...]

Poor David Geffen. By giving $100 million to New York’s Lincoln Center to rename Avery Fisher Hall after himself, he’s become the new focus of a philanthropic debate that has gone on for decades. There are three schools of thought when it comes to big-ticket charity. The first is the Purist School, which embraces the [...]

Judy Faulkner, the billionaire chief executive of health-records firm Epic Systems, tells Modern Healthcare magazine that she will leave much of her stake in the company to a specially created foundation. While the value of Ms. Faulkner’s share in the privately held firm is not known, Forbesestimates her net worth at $2.8 billion. “Nearly every share of stock [...]