Bentz Whaley Flessner

Philanthropy News Blog

The Ford Foundation has announced $4.5 million in special grants along with a program of activities to commemorate its 50th anniversary in Latin America. The foundation has three offices in Latin America, which provide support for efforts in Brazil, the Andean Region and the southern cone, and Mexico, Central America, and the Caribbean. In recent years, Ford has placed [...]

A foundation that pledged $100 million to help Purdue University commercialize its research has backed out of the deal. The Alfred E. Mann Foundation for Biomedical Engineering ended its collaboration with the university five years after it began, the university announced Thursday. Details are scant as to what led to the breakdown of the agreement, which was [...]

An online fundraising challenge to spur giving among minorities ended Thursday night after raising $2.2-million in just 10 days. The money will be shared by Associated Black Charities, Hispanics in Philanthropy, and 20 other charities that serve minorities. The W.K. Kellogg Foundation kicked off the Cultures of Giving Donor Challenge on April 17. It offered [...]

In an effort to kickstart more charitable giving around Silicon Valley, the six general partners at venture firm Andreessen Horowitz are pledging to give half of their lifetime income from venture capital activities to charity. In addition, the partners plan to donate $1 million immediately to six Silicon Valley nonprofits, ranging from food to youth [...]

Yale School of Drama and Yale Repertory Theatre have received a transformational $18 million gift from the Robina Foundation that will permanently endow the creation of new plays and musicals for the American stage through the Binger Center for New Theatre. Established with a grant from the Robina Foundation in 2008, and supported by additional [...]

Egyptian authorities have denied permission to eight American nonprofit groups to operate locally, including a center headed by former President Jimmy Carter that monitors elections, a ministry official said Monday. The move to deny permission to The Carter Center and others comes only a month ahead of Egypt’s first presidential elections since the ouster of [...]

The Starr Foundation is continuing its historic commitment to stem cell research with a $50 million gift in support of the Tri-Institutional Stem Cell Initiative (Tri-SCI), which was established through a generous grant from the Foundation in 2005. The new gift, awarded to the original Tri-SCI members — Memorial Sloan-Kettering Cancer Center, The Rockefeller University [...]

Leon Cooperman ’67, chairman and CEO of Omega Advisors and a member of Columbia Business School’s Board of Overseers, has pledged a gift of $25 million to support the construction of the School’s new home in Manhattanville. The gift is the second largest donation in support of the cutting-edge facilities, which will be part of [...]

With a fundraising goal of $1 billion, “Our Rutgers, Our Future” has surpassed any of the University’s past campaigns, raising more than $626 million since 2007, to support the University. The campaign set a record for the 2010-2011 academic year, with the Rutgers University Foundation raising $137.4 million toward the goal. Full article text is [...]

The University of Texas Medical Branch announced last week that The Moody Foundation of Galveston has committed $25.5 million to explore various research opportunities and to help construct the new Jennie Sealy Hospital on the university’s island campus. The gifts — including the foundation’s largest single contribution to UTMB — were announced during campus celebrations of the [...]