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The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt. The typical U.S. household headed by a person age 65 or older has a net worth 47 [...]
In a YouTube video clip, a middle-aged man with brown hair demonstrates how he can recline on his sofa watching a baseball game and at the same time participate in an upcoming charity walk to raise funds for N Street Village, a women’s homeless shelter. He’s virtual walking, he explains. It’s a mechanism that mortgage giant [...]
College and university endowments netted a sizable average gain of 19.8 percent in the 2011 fiscal year, but despite the growth, they will still not make up the ground lost in the 2008-9 credit crisis for years to come. That’s according to a preliminary report released on Monday by the National Association of College and University [...]
Officials at Thiel College on Thursday announced the Greenville school has received a $25 million gift from the late William S. Dietrich II, whose parents are graduates of the school. The gift, the largest in the college’s 145-year history, is the latest in a list of record-breaking gifts to colleges and cultural organizations that Dietrich, [...]
Yesterday was a very good day for future generations of Canadian engineers. During a special event held at York University’s Keele campus, President & Vice-Chancellor Mamdouh Shoukri announced a $25-million dollar transformative donation from Pierre Lassonde, chairman of the Franco-Nevada Corporation, for an expanded School of Engineering. The announcement was made during a ceremony in [...]
Stanford University’s business school has received a $150-million gift to establish an institute that will help entrepreneurs in developing countries build their businesses. The money came from Robert King, a partner at the investment firm Peninsula Capital, in Menlo Park, Calif., and his wife, Dorothy, who hope the donation will help curb poverty in the [...]
America’s big charities expect fund raising to rise in 2011, but the increase won’t come close to making up ground they lost in the downturn.Nonprofits that made The Chronicle’s Philanthropy 400, the charities that raise the most from private sou…
Montana State University went all out Friday to thank Jake Jabs, the rags-to-riches furniture store magnate, for donating $25 million to build a new College of Business, the largest single gift in the state University System’s history.Jabs at age 80 …
Boyd, Greenspun, Harrah and Hughes … and now, pending final approval, add Lee.That’s what UNLV plans to formally name its largest college — the business school — after receiving a $15 million donation last week from the Ted and Doris Lee family…
The Duke Endowment has announced a $35 million grant to Johnson C. Smith University in Charlotte, North Carolina, to support the university’s science and scholarship programs and for facility improvements. One of the largest gifts ever awarded to a his…
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