Bentz Whaley Flessner

Philanthropy News Blog

A prominent New Haven family who are descendants of a 19th-century, two-term Connecticut governor has endowed $20 million to fund five New Haven charitable and cultural organizations. The late Richard L. English and his family bequeathed $20,024,640 to the Community Foundation for Greater New Haven, the nonprofit said Thursday. The organization said it is the largest bequest [...]

A former Adrian College trustee has given $20 million to the college through his estate. It is the largest gift in the school’s history. The gift comes from the estate of Willard M. Cornelius Sr., who was a trustee on the college’s board from 1931 to 1948, according to a news release from the college. [...]

As a decorated war veteran, the late Colonel James L. Draper, Jr., knew the meaning of service. And when he retired from the U.S. Army, in 1965, Jim and his wife, Shirley, who preceded him in 2000, carried on the tradition by devoting their lives to serving the community they cherished. Jim’s final — and [...]

The nation’s donor-advised funds held nearly $30-billion in assets last year, an increase of more than 12 percent from 2009, a new report finds. But the $6-billion the funds distributed to charity didn’t grow nearly so fast, rising by just 1.3 percent last year. Donor-advised funds allow people to put money into a charity account, get [...]

Philanthropist and liquor magnate Owsley Brown Frazier announced Monday his is giving $25 million to the University of Louisville — the single biggest donation pledge in the university’s history, university officials said. The $25 million he pledged will go to the U of L Foundation, the school’s fund-raising arm, without being earmarked for a specific [...]

Americans give more to help others than the residents of 152 other countries, according to a new global survey. That’s a big change from last year, when the United States ranked No. 5. The poll, conducted last year with about 1,000 residents in each of 153 countries, asked people whether they had donated money to a [...]

After an earthquake and tsunami devastated parts of Japan in March, many Americans turned to Google’s search engine to see how they could help disaster victims. So many searched, in fact, that they made “donate to Japan,” “Red Cross Japan,” and “Japan relief” the three fastest-rising charitable searches in the United States this year. Google [...]

The young father stood in line at the Kmart layaway counter, wearing dirty clothes and worn-out boots. With him were three small children. He asked to pay something on his bill because he knew he wouldn’t be able to afford it all before Christmas. Then a mysterious woman stepped up to the counter. “She told [...]

Cornell University has received $350-million from an anonymous donor to support its bid to create an applied-science and technology campus in New York. The institution is part of a high-stakes competition to get the rights to build a campus in New York City, and its announcement of the gift today was widely viewed as a [...]

As the first signs of an economic recovery make the news, many of the nation’s nonprofit organizations are digging in for another three to four years of financial distress, according to researchers who keep an eye on the charitable world. Some larger nonprofits are seeing donations start to rise again, but most report their income [...]