Bentz Whaley Flessner

Philanthropy News Blog

The University of California, Los Angeles endowment has grown the fastest among U.S. colleges since 2008 as markets recovered and gifts from philanthropists such as casino mogul Kirk Kerkorian surged. UCLA’s endowment size increased an average 12.3 percent annually to $1.49 billion in the three years through 2011, almost double the 6.5 percent growth of [...]

Until somewhat recently in the U.S., community foundations were pretty much the province of the wealthy. The same goes for the rest of institutional philanthropy—family foundations, donor-advised funds, etc. But something may be happening to community philanthropy in the U.S. and around the world that reflects the “mutuality of philanthropy,” the sense that “community philanthropy [...]

King’s College London has been given £20m for its law school, the largest donation from an individual in the university’s history. The donation from Dickson Poon, a Hong Kong-based philanthropist, is thought to be the biggest ever to a British or European law faculty. The money will form part of a £40m investment programme. The [...]

There’s a new (and quite pricey) chair at the Santa Barbara Museum of Art: It was announced this week that the Robert and Mercedes Eichholz Foundation pledged $5.5 million to endow the museum’s director position. The post, held by Larry Feinberg, will be known as the Robert and Mercedes Eichholz Director. “It not only greatly [...]

Aeras announces today the receipt of a grant by the Bill & Melinda Gates Foundation of up to US $220 million over five years, placing it at the forefront of a global scientific initiative aimed at developing safe, effective vaccines against tuberculosis, a disease that infects two billion people worldwide. One of the world’s largest [...]

The endowment of the University of California at Los Angeles has gained an average of 12.3 percent annually for the past three years, by far the fastest growth among the best-endowed U.S. colleges, according to a Bloomberg review of schools’ financial data. UCLA has benefited from some of the biggest donations of the post-recession rebound [...]

Children’s Medical Center in Dallas has announced a $10 million gift in support of a new partnership with UT Southwestern Medical Center to establish a pediatric research institute in the region. The gift from the Hamon Charitable Foundation will be used to establish an endowment for the Children’s Medical Center Research Institute at UT Southwestern. [...]

The General Motors Foundation has announced a $2.5 million grant to Focus: HOPE to help boost the number of minority students and women earning engineering degrees. Awarded to the FOCUS Hope Fund, a community-based campaign to raise $100 million for the Detroit-based organization, the grant will support the Center for Advanced Technologies (CAT) program, which [...]

More than 100 data scientists, nonprofit employees, and others gathered in Washington this month to put their skills to use with three charities that want to do a better job of harnessing the information they collect. The problems participants tackled: • How to create data visualizations that show the many ways that growing up in [...]

Grantmakers that have strategies in place for listening to and learning from grantees are more likely to provide the types of support that are essential for nonprofit success, a new report finds. Commissioned by Grantmakers for Effective Organizations and conducted by the TCC Group, the report, Is Grantmaking Getting Smarter?: A National Study of Philanthropic [...]