Bentz Whaley Flessner

Philanthropy News Blog

Across from a television set with the obsolete girth of a model bought 20 years ago, beneath the grandchildren’s crayon artwork taped to the wall, to the left of an abandoned hula hoop, Charles F. Feeneysits in an armchair and explains how he will get rid of his last $1.5 billion, give or take, by [...]

The over-60 age group have propelled a significant increase in online donations to arts and culture and religious causes, according to Justgiving. Adding weight to the argument that the internet, and online giving, is not exclusively the domain of the young, Justgiving has released figures showing that donations from people aged over 60 have made [...]

National Public Radio, criticized in recent years for a lack of diversity of its staff and coverage, is using a $1.5 million grant from the Corporation for Public Broadcasting to put together a six-person team to report stories on race, ethnicity and culture.The national radio program producer and digital news provider was accepting the two-year [...]

Even a multimillion-dollar donation does not ensure a spot in heaven. Or at least that’s what most religions believe. But a $5-million academic grant, to be centered at UC Riverside, may go a long way toward gaining insights into the possibility of an afterlife and delving into what science and culture say about immortality. The [...]

A $2.5 million gift aims to promote diversity in the student body at Emory School of Law. The gift from Mary E. and C. Robert Henrikson will double the reach of the Henriksons’ endowed scholarship, which was created a decade ago. The donation is the largest individual gift in the law school’s history. Of the [...]

The University of Southern California and former Gov. Arnold Schwarzenegger on Wednesday announced a partnership to establish a think tank that will seek bipartisan solutions to environmental problems, economic policy, political reform and other public policy issues. The USC Schwarzenegger Institute for State and Global Policy will be funded with a commitment of $20 million [...]

New York City, embracing an experimental mechanism for financing social services that has excited and worried government reformers around the world, will allow Goldman Sachs to invest nearly $10 million in a jail program, with the pledge that the financial services giant would profit if the program succeeded in significantly reducing recidivism rates. The city [...]

To the surprise of many in philanthropy, the Stupski Foundation, a 16-year-old operating fund dedicated to improving public education, announced July 17 that it would close. Started by Larry Stupski, former head of the Charles Schwab Corporation, and his wife, Joyce Stupski, a former teacher, the foundation had assets of roughly $112-million and an annual [...]

For college fund raisers, one bright spot in the economic doldrums is that it’s easier to talk with potential donors about their deaths. Worried about outliving their assets, many alumni who want to make a charitable gift are now more inclined to do so in their wills. And fund raisers feel more comfortable bringing up [...]

The Kirk Douglas Theatre in Culver City will be receiving more money from its namesake benefactor. On Sunday, 95-year-old actor Kirk Douglas said he is pledging $50 million to five organizations around the country. The exact amount that will go to the theater has not been disclosed. The pledges are being made by Douglas and [...]