Transform Philanthropy
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Foundations may think they are meeting charities’ information needs when they put their financial data on their Web sites. But a new study says nonprofit leaders want to know more about why some charities get support and some don’t—and how grant makers assess which grantees are performing well and which aren’t. Eighty percent of the [...]
Entrepreneurs and music industry icons Jimmy Iovine and Dr. Dre (Andre Young), already known as forward-thinking visionaries in music and business, are giving $70 million to USC to create a unique undergraduate experience. The duo’s gift will establish the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation, an environment [...]
The median salary of American fundraisers increased by 8 percent last year, to $71,100, according to a new study by the Association of Fundraising Professionals. That’s a stark change from a 1.5 percent increase in 2011 and the biggest percentage gain since 2007. The survey is based on data from 1,750 members of the Association [...]
Johns Hopkins University has been awarded three grants totaling $2.5 million from The Andrew W. Mellon Foundation to create a new interdisciplinary program in music between the Krieger School of Arts and Sciences and the Peabody Institute, to expand arts programming, and to support postdoctoral fellows in the humanities. A grant for $1.2 million will be used [...]
Seven foundations have formed a coalition with the aim of increasing support for basic science among the nation’s philanthropists and foundations, Robert Conn, president of The Kavli Foundation, announced on 2 May. The group hopes to double philanthropic support in this area of U.S. science within a decade. The United States’ long history of federal [...]
A new trend is starting to emerge that provides nonprofits with yet another reason to ramp up their online and social media giving efforts – the “long tail” of giving that follows those short-burst online fundraising campaigns. The roughly 24- to 72-hour, mostly-online or online-only campaigns have already proven themselves to be excellent tools for … Continue reading »
A $20 million pledge from philanthropists Richard and Helen DeVos to the Grand Rapids Symphony has launched a $40 million endowment campaign to provide long-term support for the orchestra. Another $12 million has been pledged by others toward the $40 million goal of the Legacy of Excellence Campaign to secure the orchestra’s future financial well-being. The $20 [...]
The impending integration of Rutgers University with most of the University of Medicine and Dentistry of New Jersey has received a major financial boost – a $12.5 million grant from the Robert Wood Johnson Foundation, the university and the foundation announced today. The grant – the largest single gift that Rutgers has ever received from [...]
Low-income students are increasingly bypassed when colleges offer applicants financial aid, as schools compete for wealthier students who can afford rising tuition and fees, according to a public policy institute’s analysis of U.S. Department of Education data. The study by The New America Foundation said that colleges, in their quest to advance their U.S. News [...]
The Pew Charitable Trusts announced today that it will provide $8.46 million over the next three years to 46 Philadelphia-area organizations serving some of the region’s most disadvantaged children and their families. The grant recipients aim to improve the lives of poor children by offering supports aimed at instilling social and learning skills; assisting young [...]
