Bentz Whaley Flessner

Philanthropy News Blog

A set of common, national standards for education that Wisconsin and 45 other states are on board to adopt have gotten a financial boost from the GE Foundation. The foundation announced Wednesday that it will provide $18 million to a nonprofit, Student Achievement Partners, to help implement those standards around the country, especially in seven [...]

Apple CEO Tim Cook held a town hall meeting last week to celebrate Apple’s record quarter, and in addition to giving employees deep discounts on Apple products, we’re now hearing that he spent quite a bit of time focusing on Apple’s charitable contributions. According to our sources, Cook said that Apple has donated a total of [...]

As the stock market resurged last year, so did the charitable giving of the super wealthy. America’s top 50 donors gave a total of $10.4-billion in 2011, up from $3.3-billion the previous year, according to a Chronicle study. One big bequest boosted the total significantly; excluding that gift, the philanthropists on The Chronicle’s list of the most [...]

People are already joking it’s a good thing the Bill & Melinda Gates Foundation isn’t charging admission for its new visitor center, which showcases Bill Gates’ multibillion-dollar philanthropy, not his computers. But most people don’t know what to expect from the glass-clad public space in front of the new headquarters of the world’s largest charitable [...]

What will a new generation of Facebook millionaires do with their wealth? It’s a good bet that many will splurge on a fancy new car, purchase a new home or perhaps even plan a trip to space. But it’s also likely that they’ll be giving some of it away to charity. Experts expect charitable causes and nonprofits [...]

In what looks to be a break between two organizations dedicated to women’s health, a national breast cancer awareness group said it would stop providing funds to Planned Parenthood centers for breast cancer examinations and other breast health services. Susan G. Komen for the Cure, a leader in fundraising for breast cancer research and famous [...]

The Starr Foundation announced on January 31 that the Foundation had made a renewal gift of $55 million to the Starr Cancer Consortium (SCC), a collaboration among the Broad Institute of Harvard and MIT, Cold Spring Harbor Laboratory, Memorial Sloan-Kettering Cancer Center, The Rockefeller University, and Weill Cornell Medical College. Created in 2006 through the [...]

Data gathered from eight hundred and twenty-three American colleges and universities show that their endowments returned an average of 19.2 percent during the fiscal year that ended June 30, 2011, a marked improvement over the average 11.9 percent return reported for fiscal year 2010 and a continuation of the recovery from the -18.7 percent return [...]

The Eli and Edythe L. Broad Institute of Harvard and MIT (“the Broad”) today announced that it has received a $32.5M grant from the Boston-based Klarman Family Foundation to support a new collaborative effort focused on deciphering how human cells are wired. This grant will allow the scientific community to expand its understanding of how [...]

Vermont Law School has surpassed its goal of $15 million for the Campaign for Vermont Law School, with total gifts and commitments currently totaling $15.3 million. The funds will support student financial aid, a new Center for Legal Services, programs that improve national environmental and energy policies, and educational initiatives that produce highly skilled lawyers [...]