Bentz Whaley Flessner

An annual report on state spending on higher education is mostly good news, at least for the fiscal year just past. But widen the lens, and the focus muddies: Half of the states are still appropriating less for higher education than they did five years ago. And the prospects for future spending are clouded by [...]

To maximize endowment gifts, fundraisers need to focus a donor’s desired impact for the gift; not just determine the minimum amount. In this Client Advisory, Bentz Whaley Flessner provides tips on how to ensure the right endowment amount is set.

Stephen Sanger, the retired chairman and CEO of food giant General Mills, and his wife Karen are making a $20-million gift to the University of Michigan to expand leadership development programs at the Ross School of Business. Today the university is expected to announce creation of the Sanger Leadership Center, to be headed by Ross [...]

Buoyed by some of the largest donations in the city’s history, the Museum of Fine Arts, Houston will unveil a $450 million project today that envisions its campus as the cultural heart of the city. The plan includes two new buildings designed to complement the existing structures in a way that will enhance the experience [...]

Ernie Iseminger The Claremont McKenna College development chief—who in 2013 completed a $635-million campaign, believed to be a record for a liberal-arts institution—is now speeding through a $100-million drive for student financial aid, with more than half of the cash raised. One element of this success: Claremont is creating scholarships that match donor interests or [...]

You’re rich. Congratulations! If you make over $34,000 per year, you are considered to be part of the global top 1% of wage earners. It sure puts things in perspective when we hear about “America’s 1%” from politicians and talking heads on TV. … Continue reading

Rather than focusing on what Congress will (or won’t) do in the new year, foundations and other nonprofits would do well to take a close look at a little-noticed overhaul of federal grant-making rules—in the works for three years and that took effect the day after Christmas—that could provide meaningful traction for ending the so-called [...]

The Andrew W. Mellon Foundation has awarded a grant of $2,050,000 to the Illinois Program for Research in the Humanities (IPRH) at the University of Illinois at Urbana-Champaign to support the development of emerging areas in the humanities.  The funds will be used to support fellowships for Illinois faculty and graduate students, and undergraduate interns. [...]

UCLA alumnus Mukund Padmanabhan has made a gift of $2.5 million in support of Engineering VI, the new building under construction for the UCLA Henry Samueli School of Engineering and Applied Science. The donation is the fourth Padmanabhan has made to his alma mater, and the largest. His three previous donations, of $500,000 each, support [...]

The Atlanta Symphony Orchestra’s push to rebuild its ranks, a major issue in the stormy nine-week player lockout that delayed the 70th anniversary season, has received a boost in the form of a $1.25 million Musicians’ Endowment Fund pledge. The gift from longtime ASO patrons Sally and Carl Gable is an incipient one in the [...]