Bentz Whaley Flessner

Philanthropy News Blog

College students and recent graduates who volunteer are putting on longer and steadier hours of service work. The number of volunteer hours put in by students rose last year even as the actual number of collegiate volunteers declined, according to a study by Volunteering in America. “The students who are volunteering are doing so more [...]

It took four words and four days to land one of the biggest donations in the history of Canada’s largest hospital network. It was May 13, 2010, and Peter Munk, the 84-year-old chair of Barrick Gold, had just completed a tour of his namesake cardiac centre at Toronto General Hospital. As medical director Barry Rubin [...]

The University of Toronto has launched the largest university fundraising campaign in Canadian history, setting an ambitious $2-billion target as it recovers from the blows of a global recession. The new campaign – twice as large as the university’s most recent effort, which ended in 2003 – was unveiled at the university’s Convocation Hall, and [...]

Clients of John A. Paulson, the billionaire hedge fund manager, have had a brutal year, absorbing losses of as much as 50 percent. But one of Mr. Paulson’s investors — the 92nd Street Y — has nothing to worry about. That’s because Mr. Paulson, a member of the organization’s board, has guaranteed he will cover [...]

Extensive donations of art and money are part of a wide-ranging strategy by cosmetics heir Ronald S. Lauder and his family to shield their multibillion-dollar fortune from taxes. Amid the post-”super committee” debate over tax benefits for the very wealthy, the New York Times details the tactics by which Mr. Lauder has “aggressively taken advantage” of such [...]

The USC School of Public Policy is getting a $50-million donation from the charity established by the founder of the Price Club warehouse-style shopping chain, university officials plan to announce Tuesday. The school will be renamed for the late Sol Price, who earned an undergraduate and law degree from USC and went on to success [...]

Over the past 30 years, as the gap between wealthy and poor grew ever wider, total philanthropic giving almost tripled, according to annual estimates published by the Giving USA Foundation and the Center on Philanthropy at Indiana University. In an age of widening partisanship and plummeting trust in government, this outpouring of philanthropy has produced [...]

In the months following the devastating earthquake in Haiti, a charity run by hip-hop star Wyclef Jean spent a pittance of the money it took in on disaster relief and doled out millions in questionable contracts. Yele Haiti’s coffers swelled to $16 million in 2010, the most the charity had ever received. But less than [...]

The Sierra Club announced last week that Carl Pope has stepped down as Chairman, a position he assumed in April of 2010 when Michael Brune succeeded him as the organization’s Executive Director.  Pope will continue to serve as Senior Strategic Advisor to the Club, but will devote most of his time to new initiatives, with [...]

DePaul University has something special to be thankful for this Thanksgiving—the generosity of an alumnus and his wife who have pledged $10 million from their estate to the university. The largest single gift in the institution’s 113-year history will support student scholarships and a professorship at DePaul’s College of Commerce. The donors, a retired graduate [...]