Bentz Whaley Flessner

Philanthropy News Blog

More people are giving to charity but the average amount being donated has fallen, according to new figures. An extra 1.1 million people made donations in the year to April but the median average monthly donation – which excludes the effect of the most wealthy philanthropists – fell from £12 to £11. The Office for [...]

Retired banker and attorney Robert H. McKinney is donating $24 million to the Indiana University School of Law in Indianapolis. University officials announced the gift Thursday afternoon and said the law school would be renamed the Indiana University Robert H. McKinney School of Law in his honor. The gift is the largest ever received by [...]

Joining the ranks of major givers in Miami, developer Jorge Pérez has pledged to donate $35 million in cash and art from his personal collection to the new Miami Art Museum, which will bear his name when it opens in two years. The donation includes $5 million that Pérez has already pledged and partially paid; an [...]

Northwest Indiana not-for-profit hospitals are changing their approach to fundraising, forming philanthropic foundations to focus their charitable giving efforts. The move to forming foundations that support hospital missions marks a shift from the traditional way hospitals raised money to build new wings or launch new services. Those efforts traditionally were conducted within the hospitals themselves [...]

College students and recent graduates who volunteer are putting on longer and steadier hours of service work. The number of volunteer hours put in by students rose last year even as the actual number of collegiate volunteers declined, according to a study by Volunteering in America. “The students who are volunteering are doing so more [...]

It took four words and four days to land one of the biggest donations in the history of Canada’s largest hospital network. It was May 13, 2010, and Peter Munk, the 84-year-old chair of Barrick Gold, had just completed a tour of his namesake cardiac centre at Toronto General Hospital. As medical director Barry Rubin [...]

The University of Toronto has launched the largest university fundraising campaign in Canadian history, setting an ambitious $2-billion target as it recovers from the blows of a global recession. The new campaign – twice as large as the university’s most recent effort, which ended in 2003 – was unveiled at the university’s Convocation Hall, and [...]

Clients of John A. Paulson, the billionaire hedge fund manager, have had a brutal year, absorbing losses of as much as 50 percent. But one of Mr. Paulson’s investors — the 92nd Street Y — has nothing to worry about. That’s because Mr. Paulson, a member of the organization’s board, has guaranteed he will cover [...]

Extensive donations of art and money are part of a wide-ranging strategy by cosmetics heir Ronald S. Lauder and his family to shield their multibillion-dollar fortune from taxes. Amid the post-”super committee” debate over tax benefits for the very wealthy, the New York Times details the tactics by which Mr. Lauder has “aggressively taken advantage” of such [...]

The USC School of Public Policy is getting a $50-million donation from the charity established by the founder of the Price Club warehouse-style shopping chain, university officials plan to announce Tuesday. The school will be renamed for the late Sol Price, who earned an undergraduate and law degree from USC and went on to success [...]