Bentz Whaley Flessner

Philanthropy News Blog

Nonprofit board members continue to fall short in meeting the fundraising expectations of their chief executives, a new survey has found. The Nonprofit Governance Index, conducted every two to three years by BoardSource, a nonprofit group that works to strengthen boards, this year asked more than 1,300 chief executives about their trustees’ performance, policies, and involvement in [...]

The richer a donor is, the less likely he or she is to make unrestricted gifts, a new study of the world’s wealthiest donors has found. Nearly 70 percent of donors with $1-million to $5-million in investable assets say they prefer to give unrestricted gifts to charity, while among those with assets of $50-million or [...]

Eleven of America’s richest individuals and couples have followed Warren Buffett and Bill Gates’ examples by signing the Giving Pledge, committing half of their wealth to charity. Started in 2010 by Buffett and Gates, the Giving Pledge is an effort to encourage billionaires to donate at least half of their wealth to charities. “We’ve said [...]

The Communities Foundation of Texas has announced that this year’s North Texas Giving Day on September 13 raised $14.4 million for local nonprofits. Over a seventeen-hour period, donors from fourteen countries and every state in the United States contributed a total of 37,858 gifts in support of nine hundred-plus nonprofits through the foundation’s DonorBridge Web platform. Donation totals surpassed [...]

Viacom Inc. Executive Chairman Sumner Redstone has donated $18 million to the Boston University School of Law. The money will be used to expand facilities, including the construction of a new building to be named after Sumner, a Boston native. The Redstone building will provide a new entrance to the law school, house the majority [...]

The estates of identical twin sisters Jean and Nancy Davis — lifelong Pittsburghers who died within four months of each other at the age of 97 — and a former H.J. Heinz Co. executive and his wife have made two of the largest individual gifts ever received by The Pittsburgh Foundation. The donations, announced by [...]

Amidst growing pressure for nonprofits to measure and assess their performance, the Center for Effective Philanthropy (CEP) finds that nonprofits sorely lack the support they need. In a report released today, Room for Improvement: Foundations’ Support of Nonprofit Performance Assessment, CEP finds that 81 percent of the nonprofits surveyed believe that nonprofits should demonstrate the [...]

Charitable donations to universities in the U.K. could rise to $3.2 billion a year within a decade if institutions continue to invest in fundraising, a report has claimed. The Review of Philanthropy in Higher Education led by Shirley Pearce, former vice-chancellor of Loughborough University, found that just 1.2 percent of UK alumni give to their alma maters compared [...]

Foundations and development organizations must do more to restore trust in government, regulatory authorities, and NGOs working to advance human well-being, the Bellagio Initiative’s final report on the future of philanthropy and international development argues. The report, Human Wellbeing in the 21st Century: Meeting Challenges, Seizing Opportunities, is the culmination of a Rockefeller Foundation-funded global [...]

Two Northeastern University dropouts who went on to earn their degrees after encourage­ment from a mentoring professor are teaming up to donate $60 million to the university, a record gift aimed at shaping the next generation of entrepreneurs and innovators. The two said they hope their donation inspires others who have been helped by Northeastern [...]