Bentz Whaley Flessner

Philanthropy News Blog

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 [...]

Bill Gates, America’s most famous full-time philanthropist, says he expects more billionaires to promise big chunks of their fortunes to charity soon. In his annual rumination on philanthropy, Mr. Gates says he’s heard from several people so far this year who said they plan “very soon” to join the Giving Pledge, a commitment that rich people [...]

The Signature Theater is only going to unveil and move into its new home on 42nd Street next week, but it has already received one unusually generous housewarming gift: on Thursday the Pershing Square Foundation announced that it is donating $25 million to Signature, much of it to be used in a 20-year initiative to [...]

The Westmoreland Museum of American Art has received an $8 million grant from the Richard King Mellon Foundation in support of their capital and endowment campaign. The campaign includes plans for an architecturally significant new wing, renovation of the existing building and a complete re-design of the grounds.The gift is the largest contribution to-date received [...]

The University of South Carolina School of Music has launched its capital campaign on a high note, announcing a $1 million gift – the largest gift in the school’s history – Thursday. And if the amount wasn’t enough to make the event pitch-perfect, Dean Tayloe Harding announced that the donor is James K. Copenhaver, USC’s [...]

Fidelity Charitable, which operates the nation’s largest donor-advised fund program, today announced that its donors’ generosity reached an all-time high in 2011, setting records both for incoming contributions to Fidelity Charitable and for the dollar amount of grants made to charitable organizations. Fidelity Charitable donors made more than 380,000 grants, totaling more than $1.3 billion, [...]

Overall giving grew 3.4 percent in the first 11 months of 2011, marking the first time it had exceeded the level of giving in 2007, before the recession, Blackbaud says. The company, which provides technology and services for nonprofits, also reported that overall charitable giving grew 1.4 percent for the three months ended November 2011, [...]

The Institute for Healthcare Improvement (IHI), an independent not-for-profit organization that works with health care providers and leaders throughout the world to achieve safe and effective health care, announced today that it has been awarded a $1.3 million grant from the Rockefeller Foundation to provide technical support to, and facilitate networking among, 10 countries that [...]

There is no denying that the most generous donors tend to be older. As such, they should — and do — receive a lot of attention from fundraisers. Nonprofits cannot afford to neglect their best donors. That doesn’t make engaging the next generation of philanthropists any less vital, however. As you know, studies show that [...]