Bentz Whaley Flessner

Duke’s football stadium will be known as Brooks Field at Wallace Wade Stadium after a $13 million gift to the athletic department. School president Richard H. Brodhead announced Friday that alumnus Steve Brooks and his wife, Eileen, had made the donation, with the board of trustees approving the recommendation of the new field name. “Steve [...]

Fidelity Investments’ nonprofit arm reported Wednesday that its grants to charities were up 33 percent for the first half of 2015. Fidelity Charitable made $1.5 billion in contributions through its donor-advised funds, the organization said, compared to just over $1 billion for the same time last year. These charitable funds allow people to place money [...]

The family-owned Hubbard Broadcasting Inc. is giving the Newseum $5 million to support the Washington museum’s programs about the five freedoms of the First Amendment.  The Newseum announced the $5 million pledge Thursday. The museum about journalism and the First Amendment has been struggling to cover its costs since it opened a new building in [...]

In our industry there is a lot of conversation surrounding turnover. We know that it is difficult to find good talent and even harder to keep it. Moreover, we know that, at least on the frontline, our team members regardless of tenure or performance are actively being recruited on a monthly, if not weekly basis.  … Continue reading

Tuesday, it was Christmas in July for this hard-knocks city still giving thanks for an NBA championship in June. Looking to help “underserved” residents, an anonymous benefactor has donated $34 million for education, jobs, health care, housing and technology skills. The gift will help build 731 affordable housing units, create about 2,500 jobs and channel millions for [...]

When it comes to saving the planet, Leonardo DiCaprio is putting his money where his mouth is. The actor’s foundation announced Tuesday it has awarded $15 million in grants to a host of environmental organizations, including Amazon Watch, Save the Elephants, Tree People and the World Wildlife Fund. “The destruction of our planet continues at [...]

Sean Parker of Facebook fortune fame has now joined other Silicon Valley tech billionaires such as Bill Gates and Jeff Skoll in urging the new generation of tech entrepreneurs to bet big on philanthropy — but to do so in ways that mark a break from the model of foundations established in perpetuity, such as [...]

In urging his fellow Internet barons to hack a better solution for their philanthropic giving, Sean Parker (“A Hacker’s Guide to Philanthropy,” Review, June 27) overlooks that the transformation of philanthropy is already being hacked out. YouCaring and Indiegogo Life build on social, mobile and search technologies to offer free crowdfunding for personal and charitable causes, [...]

Students at the University of Michigan’s Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies will soon receive millions in additional funding from their very own angel investor. The Zell Family Foundation has pledged $60 million dollars to its namesake institute in the university’sStephen M. Ross School of Business to fund the delivery and development [...]

Kofi Annan, the former UN Secretary-General from 1997 to 2006, took to LinkedIn to discuss his thoughts on the modern philanthropist. Its resurgence, he he said, “has been a major change for good,” especially the work of Bill Gates. But how has this happened? “We have entered a new age of philanthropy and the sick, the poor [...]