Bentz Whaley Flessner

Philanthropy News Blog

Facebook Chief Executive Mark Zuckerberg is donating nearly $500 million in stock to a Silicon Valley charitable foundation. The 28-year-old Zuckerberg said he and his wife, Priscilla, earmarked the gift of 18 million Facebook shares for health and education issues. “Mark’s generous gift will change lives and inspire others in Silicon Valley and around the globe to […]

Columbia University President Lee C. Bollinger announced Dec. 17 that Mortimer B. Zuckerman has pledged $200 million to endow a Mind Brain Behavior Institute to support interdisciplinary neuroscience research and discovery by scholars across the University. Later that morning, Zuckerman and Bollinger attended a university forum featuring the Institute’s founding co-directors,Thomas Jessell and Nobel laureates Richard Axel and Eric Kandel, to […]

In a first-of-its-kind public/private partnership, the William & Nancy Thompson Family Foundation (Thompson Family Foundation) and the Children and Families Commission of Orange County have provided $14.8 million to create The Center for Autism and Neurodevelopmental Disorders of Southern California (The Center for Autism), which will bring a unique multidisciplinary focus on clinical care, education, […]

Increasingly, nonprofit organizations are investing in data as a way to improve the effectiveness of their work and secure donor support, TIMEmagazine reports. While data collection and analysis isn’t a new idea for the sector, it has grown from a tool used largely for demonstrating financial transparency and accountability to a means of building a knowledge […]

The Leona M. and Harry B. Helmsley Charitable Trust Fund has donated more than $6.2 million to BGU for multidisciplinary, application-oriented robotics research and systems development. The grant will be used to establish the ABC Robotics Center at the University. The acronym stands for agricultural, biological and cognitive robotics. Research and development will focus on medical, […]

In the wake of Hurricane Sandy, the New York City Teachers Retirement System has pledged $1 billion to new investments in infrastructure projects, including improvements to transportation, power, water, communications, and housing in New York City and throughout the tri-state area. While all projects will be rated on the basis of their return and the […]

Duke University trustee David Rubenstein will give $10 million to the Duke Athletics Department, matching the department’s largest gift, school officials announced Thursday. The gift will support the priorities of Duke Athletics outlined in Duke Forward, the $3.25 billion university-wide fundraising campaign launched in September. “The breadth of David Rubenstein’s interests at Duke is matched […]

Entertainment executive and philanthropist David Geffen has established an unprecedented $100 million scholarship fund that will cover the entire cost of education for the very best medical students attending the David Geffen School of Medicine at UCLA. The school was named in his honor after his $200 million unrestricted gift in 2002. With this recent […]

A week after saying it wanted to avoid wading into the “middle of a partisan political struggle” on any specific tax proposal, Independent Sector, the coalition of charities and foundations, on Wednesday stated its support for President Obama’s plan to raise rates on the wealthy. “We believe a plan that includes a modest tax increase […]

As the holiday season spotlights charitable contributions and acts of kindness, a new national study shows that Americans significantly increased their commitment to volunteering and civic engagement in 2011, with the national volunteer rate reaching a five-year high. The findings come from Volunteering and Civic Life in America, a report issued by the Corporation for […]