Bentz Whaley Flessner

Philanthropy News Blog

The second study in a week shows that fundraising at more than half of charities nationwide is faring poorly. The tally of data from 500 groups surveyed by GuideStar found that 37 percent raised less in the first three quarters of 2012 and 28 percent received only as much as they had last year. The [...]

Michigan State University researchers will use a $7.8 million grant from the Bill & Melinda Gates Foundation to help eight African nations improve their sustainable farming methods. The grant, from the Gates Foundation Global Development Program, will be used to help guide policymaking efforts to intensify farming methods that meet agricultural needs while improving environmental [...]

In the ultimate friendly merger, the corporate raider Carl C. Icahn is giving $200 million to the Mount Sinai School of Medicine in Manhattan, which will be renamed in his honor. Mr. Icahn actually attended medical school at New York University for two years, pressed by his mother, Bella. But he dropped out because he [...]

Minnesota’s fourth annual Give to the Max Day surpassed $1 million in two hours early Thursday, and by midnight had exceeded $16 million as organizers and supporters of nonprofit organizations statewide beat last year’s fundraising effort. During last year’s Give to the Max Day, more than 47,000 donors contributed via the philanthropic website. The result [...]

Selected nonprofit agencies helping New Jersey residents recover from Hurricane Sandy and its aftermath will receive an additional infusion of $4.5 million from the Robert Wood Johnson Foundation, the organization said Tuesday. The foundation has already given a $250,000 grant to the American Red Cross of Central New Jersey and has pledged another $250,000 to [...]

The slow economy continued to cause fundraising challenges for most charities in the first half of this year, according to a study released today by the Nonprofit Research Collaborative, a coalition of five organizations that collect and study information on giving and fundraising. Giving dropped at 29 percent of the 770 groups in the study when compared [...]

The University of Miami announced that Momentum2: The Breakthrough Campaign for the University of Miami has hit the $1 billion mark, putting the University on the fast track to reach the campaign’s fundraising goal of $1.6 billion in 2016. The campaign was off to a strong start, with $906 million already raised when UM celebrated its public [...]

The popularity of donor-advised funds as a vehicle for charitable giving continued to grow in 2011, with total assets under management by DAFs up 17.5 percent on a year-over-year basis, a report from the National Philanthropic Trust finds. According to NPT’s 2012 Donor-Advised Fund Report (20 pages, PDF), an annual compilation and analysis of data from 652 charitable organizations [...]

Nonprofits need to alter their approach to protecting the charitable deduction, said nonprofit leaders from across the country gathered in San Francisco over the holiday weekend. Instead of talking about the effects on wealthy donors, they said they must demonstrate they are seeking to protect their services to the poor. As the lame-duck Congress prepares [...]

The first in a series of live and online auctions to raise money for the Andy Warhol Foundation for the Visual Arts in New York collected over $17 million Monday. The auction at Christie’s featured 354 works by Warhol ranging from prints to photographs, some of which have not been seen by the public. Online [...]