About 300 people stood along a yellow line Saturday, the outline for the 11,000-square-foot addition to Valparaiso University’s Chapel of the Resurrection. “As you have filled in the space, you get a vision of how large this place will be and how it will enhance ministry,” said the Rev. Charlene Rachuy Cox, university pastor, shortly [...]
On a crisp morning in late March, an elite group of 100 young philanthropists and heirs to billionaire family fortunes filed into a cozy auditorium at the White House. Their name tags read like a catalog of the country’s wealthiest and most influential clans: Rockefeller, Pritzker, Marriott. They were there for a discreet, invitation-only summit [...]
The Philanthropy Roundtable has selected Jon M. Huntsman Sr., founder and principal benefactor of the Huntsman Cancer Institute, as recipient the 2014 William E. Simon Prize for Philanthropic Leadership. The prize will be awarded to Huntsman in Salt Lake City during the roundtable’s 23rd annual meeting, Oct. 9-10. The Philanthropy Roundtable is a national network of foundations, [...]
The Eli and Edythe Broad Art Museum at Michigan State University received a new $5 million gift from The Eli and Edythe Broad Foundation to increase the museum’s exhibition endowment as well as to provide annual funding for exhibitions for the next five years. The gift was given in honor of the museum’s founding director, [...]
Bloomberg Philanthropies today announced a $5 million impact investment in Little Sun, creators of portable, solar-powered lamps designed by co-founders: artist Olafur Eliasson and engineer Frederik Ottesen. The company works with local entrepreneurs to sell its lamps to households where electricity is scarce or unavailable, at prices that are affordable to families currently using costly [...]
More than two dozen fundraisers at the nation’s nonprofits earn more than $500,000, and at least two make $1-million or more, according to a Chronicle analysis of the latest compensation data available. In 2011, Anne McSweeney, campaign director at the Memorial Sloan Kettering Cancer Center, received $1.2-million, and Sue Feagin, who then held the top [...]
The size of fundraising programs across the nation is growing, but the talent pool of qualified, effective fundraisers is simply not growing fast enough to meet the new demand. Development shops of all sizes are competing for frontline talent, and very few are winning. BWF presents tips for what non-profits can do to better find, attract, and recruit fundraising talent.
Rex W. Tillerson, chairman and CEO of ExxonMobil, and his wife, Renda, have made a personal pledge of $5 million to support the Engineering Education and Research Center (EERC), a 430,000-square-foot facility that will transform the Cockrell School of Engineering at The University of Texas at Austin. When completed in 2017, the EERC will house advanced teaching, [...]