Bentz Whaley Flessner

Philanthropy News Blog

Donations to charitable groups and foundations fell to 840 million yuan ($131.99 million) from June to August, from 6.26 billion the previous three months, the Times Weekly said, citing the Ministry of Civil Affairs’ China Charity and Donation Information Centre. One of the reasons for the drop in donations was “people have become suspicious…after Guo’s [...]

American casino and hotel magnate Sheldon Adelson has been dishing out generous donations to Jewish causes over the past week. On Tuesday, he doubled his overall contribution to Yad Vashem in the past decade by announcing a $25 million gift to the Holocaust museum in Jerusalem. “We have seen the incredible impact of Yad Vashem [...]

Of the many chants and slogans that have defined the frustrations of the past months’ Occupy Wall Street protests, one recurring theme has focused on the idea that greedy corporations do whatever they can to avoid sharing the wealth. But a look at the numbers tells more of a nuanced story. The Chronicle of Philanthropy, [...]

A $50 million gift from an alumnus and his wife will make it easier for students with financial need to afford enrollment at Duke University. Duke President Richard Brodhead announced Monday that Board of Trustees member Bruce Karsh and his wife Martha are creating a permanent endowment to support financial aid for undergraduate students from [...]

As the lingering economic downturn, the “Occupy” movement, government cutbacks, and rising poverty rates are drawing more attention to economic inequality, people planning to give to charity this holiday season are more focused on helping organizations that assist the needy, Reuters writes. Surveys indicate an uptick in giving this holiday season, and a Charity Navigator poll [...]

The National Institutes of Health announced plans on Tuesday to spend $416-million over the next four years on genomics research at universities and medical centers across the country. The biggest chunk of the money will go to existing large-scale sequencing programs at the Broad Institute in Massachusetts, the Genome Institute at Washington University in St. Louis, [...]

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 [...]