Bentz Whaley Flessner

Philanthropy News Blog

To give is to gain a heap of grief if you’re a mega-rich donor these days. In recent months, a hedge fund billionaire was denounced for his $400 million gift to the already wealthy Harvard University, David Geffen took flak for gifts that plaster his name on a Manhattan concert hall and a Los Angeles […]

Last evening, Iona President Joseph E. Nyre, Ph.D., announced a gift of $15 million from Robert V. LaPenta to the Iona Forever Campaign. It is the largest gift in the College’s 75-year history, and will support the redesign and transformation of Iona’s School of Business. “We are enormously grateful for this transformative gift,” said President […]

New research indicates that wealthy people are less likely to be charitable in regions where the gap between rich and poor is widest, Bloomberg writes. The study by researchers at the University of Toronto and Stanford University, published Monday in the journal Proceedings of the National Academy of Sciences, is the first to examine the […]

One of Canada’s richest families donated 3 million Canadian dollars ($2.3 million) to a Montreal cardiology center to help it expand a so-called biobank focused on developing more personalized medicine for heart-disease patients. The Montreal Heart Institute on Wednesday said it had received the funding from André Desmarais, co-chief executive of financial-services holding company Power Corp. ofCanada […]

An anonymous donor from Columbia has given the University of South Carolina nearly $4 million to put towards a variety of scholarship and educational programs. The $3.94 million donation was made by a recently-deceased alumnus of the university who wished to remain anonymous, officials said. The money will go to fund scholarships at the South […]

At a time when popularity and demand for computer science is rapidly growing, Milwaukee couple Sheldon and Marianne Lubar donated a $7 million gift to the University of Wisconsin Department of Computer Science. After increasing in demand for several years, the Lubar’s donation, part of the Morgridge Match Grant Program, will allow the computer science […]

Methodist University Hospital has received an anonymous $40 million donation aimed in part at expanding the Memphis facility’s organ transplant center, reports The Commercial Appeal. Half of the gift will go to the Methodist University Hospital Transplant Institute for equipment and upgrading patient rooms. The institute drew national attention in 2009 when the late Apple […]

A pair of longtime donors are giving Oakland University $5 million to fund the Rochester-area university’s School of Business Administration as well as the department of athletics, according to a press release. Craig and Ann Stinson, of Rochester, are both alumni of the school, which has more than 20,000 students. The couple’s “numerous” previous gifts […]

The John P. McGovern Foundation has donated $75 million to the University of Texas Health Science Center at Houston and its medical school, according to a statement. The gift will rename the medical school the John P. and Kathrine G. McGovern Medical School. It is the largest gift in UTHealth’s history, the statement said. “I […]

Ole Miss alumnus Gerald “Doc” Hollingsworth has given the equivalent of $25 million to the school’s athletic department, the largest donation it’s ever received. The contribution will be split with $10 million going to the Forward Together campaign, which will be used to support the north end zone expansion at the football stadium. The remainder will […]