Philanthropy News Report

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Monday, May 3, 2010

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Friday, April 30, 2010

U. of Oxford Raises $100-Million for Its 21st-Century School

The University of Oxford said Wednesday that it had raised $100-million in the past year for its James Martin 21st Century School, thanks to a $50-million challenge grant from the school's namesake.

Full text article by Aisha Labi is available via The Chronicle of Higher Education, 4/28/10.

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Hefner's $900,000 ensures protection for Hollywood sign

A $900,000 donation from Hugh Hefner helped put the Trust for Public Land over the top in its campaign to save the iconic Hollywood sign. The national conservation charity said Monday that with Mr. Hefner's gift and an additional $500,000 from the Tiffany & Company Foundation and the philanthropist Aileen Getty, it reached its $12.5-million goal and can buy the 138 acres on Cahuenga Peak in Los Angeles that include the landmark. A group of investors who bought the property from the billionaire industrialist Howard Hughes's estate had announced plans to build luxury homes on the site.

Full text article by Ching-Ching Ni is available via the Los Angeles Times, 4/27/10.

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Thursday, April 29, 2010

Mothers Against Drunk Driving Names New CEO

A top official with the cancer charity Susan G. Komen for the Cure has been tapped to lead Mothers Against Drunk Driving. Kimberly Earle will succeed Chuck Hurley as chief executive officer of the anti-drunk-driving advocacy group, in Irving, Tex. Ms. Earle served as chief operating officer for Susan G. Komen and ran its signature Race for the Cure campaign.

Full text article is available via The Associated Press, 4/26/10.

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Wednesday, April 28, 2010

Giving by Wealthy Individuals in India Is Lower Than Expected

According to a recent study from Bain & Company, an international consulting firm, philanthropic contributions from individuals and corporations in India make up only 10 percent of charitable giving. The Bain Study on Philanthropy, in India, says the balance comes from foreign organizations and governments.

Full text article by Brian Rosenberg is available via The Chronicle of Higher Education, 4/19/10.

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Oklahoma City charity sees record donations

Feed the Children, a Christian relief charity in Oklahoma City that has been rocked by a power struggle and internal scandal, raised record funds last year despite its woes. The group raised nearly $1.2-billion in contributions last fiscal year, according to its most recent tax filings, the newspaper reports. Donations to Feed the Children were up $14-million during the period that ended on June 30, 2009.

Full text article by Nolan Clay is available via The Oklahoman, 4/25/10.

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Tuesday, April 27, 2010

Chinese tycoon gives his fortune to charity

The real estate and hotel tycoon Yu Pengnian has pledged his entire fortune to charity, cementing his position as one of China's leading philanthropists. Mr. Yu announced Thursday he was donating all of his wealth, some $470-million in cash and property, to his foundation in Hong Kong, bringing his total contribution to $1.2-billion. He said none of his wealth "will be inherited by anyone" or used for business or investment.

Full text article is available via Agence France-Presse , 4/22/10.

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