Transform Philanthropy
|
|
|
|
As communities across Texas and Oklahoma work to clear the rubble and debris left by violent storms earlier in the week, including a devastating tornado that struck parts of Oklahoma City on Monday, killing dozens and injuring many more, a growing number of businesses, individuals, and organizations have pledged funds to relief and recovery efforts. [...]
Casino tycoon Sheldon Adelson and his wife, Miriam, donated another $40 million to the Birthright Israel Foundation. Their latest gift brings the couple’s overall donations to the program to $180 million. “Sheldon and I are committed to improving the world through cultural exchange and educational opportunity,” said Miriam Adelson in a statement released Wednesday by [...]
A Harvard Business School alumnus who gave the university its largest gift is making a second $125 million donation to the school to fund a bioengineering institute, Harvard reported today. Hansjörg Wyss, a Swiss philanthropist who’s among the world’s wealthiest people, donated $25 million to support doctoral programs at HBS in 2004, and in 2008 [...]
Low-cost loans and other investments foundations make to advance their mission gained momentum as a tool for social change from 1990 until the mid-2000s but trailed off in the wake of the financial crisis, according to a new report from the Lilly Family School of Philanthropy at Indiana University. Foundations can count such “program-related investments” toward the [...]
In another example of oil-related money funding the Texas Medical Center, the granddaughter of Dallas tycoon H.L. Hunt has pledged $50 million for the University of Texas M.D. Anderson Cancer Center’s new assault on the deadly disease. Lyda Hill’s gift, $10 million a year for five years, will support M.D. Anderson’s “Moon Shots” program, the [...]
Grants for operating support are increasing quickly, according to a new study that found that such support grew by 83 percent in 2011 over the average of the preceding three years. Operating support accounted for 24 percent of all grants in 2011, up from 16 percent in 2010. Those are key findings from a series [...]
Giving money away to good causes is the most satisfying part of life for at least half of America’s millionaires and billionaires, according to a survey released Tuesday. Philanthropy ranked highest for a bigger share of the rich than the possessions and lifestyle that come with wealth, according to the study of 711 people with at least [...]
As part of its commencement celebrations this past weekend, the University of Virginia announced that its long-term fund-raising campaign had met its goal of bringing in more than $3-billion. In making the announcement, the university’s president, Teresa A. Sullivan, called the Campaign for the University of Virginia “the most ambitious capital campaign in the history [...]
Marlene Castro knew the tall blonde woman only as Laurene, her mentor. They met every few weeks in a rough Silicon Valley neighborhood the year that Ms. Castro was applying to college, and they e-mailed often, bonding over conversations about Ms. Castro’s difficult childhood. Without Laurene’s help, Ms. Castro said, she might not have become [...]
The latest big donor to the future Pérez Art Museum Miami won’t have a named wing or even a modest plaque memorializing the gift. In a public announcement shrouded in secrecy, the Miami Art Museum said Friday that an anonymous donor had pledged $12 million in cash and $3 million in art. “I can say [...]
RSS for this category