Expanding mobile payments is a top trend in online fundraising. This week’s Client Advisory highlights the need for nonprofits to innovate their payment processes through the effective use of technology and vendor selection.
The Oregon Health and Science University has received a $1 billion donation for cancer research,Phil Knight, the billionaire founder and CEO of Nike, announced this morning on “Good Morning America.” The announcement fulfills the ambitious fundraising goal known as the Knight Cancer Challenge. In 2013, Knight and his wife, Penny, pledged to give OHSU $500 million provided [...]
Texas Woman’s University has gotten a $10 million gift from a foundation created by psychologist Richard W. Woodcock. The gift from the Woodcock-Muñoz Foundation in Nashville is the largest single donation in TWU history. Woodcock is dissolving the foundation with the gift to TWU. The new endowment will create the Woodcock Institute for the Advancement of Neurocognitive Research and [...]
Before he became a billionaire venture capitalist, Sean Parker blew up the music business by founding the file-sharing service Napster. Now he plans to spend his fortune upending another calcified industry: philanthropy. Parker, 35, told The Chronicle this week that he intends to give away most of his estimated $2.8 billion fortune in his lifetime. He called the Giving [...]
Donor stewardship is one of the most, if not the most, important activities a nonprofit does. Nonprofit Easy’s recent blog post, featuring input by BWF’s own Bond Lammey, offers a comprehensive list of tips for success and pitfalls to avoid related to thanking and recognizing your donors. Bond’s tip? Make sure you thank donors before you ask again!
San Diego real estate billionaire Conrad Prebys has donated $100 million to support research on new drugs to fight cancer and other diseases. The gift, announced today, went to the nonprofit Sanford Burnham Prebys Medical Discovery Institute in La Jolla, Calif., which added his name to its title today. Prebys, a prolific philanthropist, previously gave $11 million [...]
Continuing a family tradition that spans six decades, USC Trustee Jane Hoffman Popovich ’65 and husband J. Kristoffer Popovich ’65, MBA ’70 have pledged $4 million to create the Jane and Kris Popovich Chair in Cancer Research at the USC Norris Comprehensive Cancer Center. The couple’s gift is a new chapter of generosity and support in [...]
ITHACA, N.Y. – A decade after its creation, Cornell’s Department of Biomedical Engineering has received a $50 million endowment gift that will expand and elevate it as the Nancy E. and Peter C. Meinig School of Biomedical Engineering. Representing the largest single philanthropic commitment by individual donors to one of the university’s colleges in Ithaca, the [...]
When Warren Buffett speaks, everyone listens—even a room full of fellow billionaires. Speaking with Forbes Magazine Editor Randall Lane in front of an audience of elite donors at the Forbes 400 Summit on Philanthropy June 3, the legendary investor shared his advice on hiring, philanthropy and the importance of taking risks. On Hiring “The most [...]