Bentz Whaley Flessner

Philanthropy News Blog

In the arts world, they call her “the dancing philanthropist.” And now, with her latest and largest endowment to date, Glorya Kaufman has a new dance partner in the University of Southern California. Her groundbreaking gift for the USC Glorya Kaufman School of Dance will establish the first new endowment-funded school at the university in 40 [...]

As of Friday, charities have reported raising more than $174-million for relief and recovery efforts in the wake of Superstorm Sandy, which devastated the New York and New Jersey region on October 30. That’s more than the $136-million that U.S. charities had raised within 10 days of last year’s Japan tsunami and earthquake. But it’s dwarfed by the [...]

Donor-advised funds last year grew for the first time since 2007, the best year the funds had before the recession took hold, according to a study released Thursday. Using data from 652 organizations, the National Philanthropic Trust examined the performance of the funds, which allow people to set up charitable accounts, take an immediate tax [...]

Private AIDS-related funding from United States and European philanthropic donors totaled $644 million in 2011, a 5% increase ($32 million) from 2010 according to an annual report from Funders Concerned About AIDS (FCAA) and the European HIV/AIDS Funders Group (EFG), with support from the Joint United Nations Programme on HIV/AIDS (UNAIDS). While this overall increase [...]

Queen’s University Belfast has received $24-million from Atlantic Philanthropies to develop a state-of-the-art center for experimental medicine in the Northern Ireland capital, the BBC reports. The gift from retail billionaire Charles Feeney’s foundation is the largest ever to the institution. Full article text available via Chronicle of Philanthropy, 11/7/12.

In the last five years, UC Berkeley has created 100 new endowed faculty chairs as part of an unprecedented challenge begun in 2007 when it received $113 million, the largest private gift in its history, from the William and Flora Hewlett Foundation. Chancellor Robert J. Birgeneau announced Monday that the campus has exceeded its own expectations [...]

The Board of Trustees of the Robert Wood Johnson Foundation (RWJF), the nation’s largest philanthropy focused exclusively on improving U.S. health and health care, marked its 40th anniversary this week by announcing that Foundation leaders have approved up to $425 million in grantmaking during 2013. Funding will be focused in three interrelated areas: increasing efforts [...]

Georgetown University has received a $20 million gift to launch the Georgetown Environment Initiative – a multi-campus effort to advance the interdisciplinary study of the environment in relation to society and stewardship of natural resources. The gift, from a family affiliated with the university that wishes to remain anonymous, will provide resources to create a [...]

The Goldman Sachs Group, Inc. announced that the firm and Goldman Sachs Gives will donate $5 million to Hurricane Sandy clean up and recovery efforts, and the firm will provide $5 million in loans to small businesses impacted by Hurricane Sandy. These small business funds will match the $5 million in New York City funding for [...]

USC President C. L. Max Nikias has announced a $25 million gift from Leonard D. Schaeffer, the Judge Robert Maclay Widney Chair and Professor at USC, that will endow and support the USC Leonard D. Schaeffer Center for Health Policy and Economics. The gift bolsters the university’s commitment to using rigorous research to develop policy [...]