Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: December 11 – December 18

$50 Million Gift for Northeastern

Northeastern University on Monday announced a $50 million gift, the largest ever to the university by an individual, from Amin Khoury, an alumnus, trustee and entrepreneur. The money will endow what will now be called the Khoury College of Computer and Information Sciences.

Full article text available via Inside Higher Ed, 12/18/2018.

Benioffs’ $15 Million Gift to Bolster Children’s Hospital Mental Health Services

UCSF Benioff Children’s Hospital Oakland has received a $15 million gift from Lynne and Marc Benioff to address a shortage of mental health services for children and adolescents in Oakland and the East Bay.

The $15 million gift, announced Tuesday by UCSF Benioff Children’s Hospitals, is intended to enable the Oakland hospital to increase its mental health services, heighten awareness and encourage philanthropy.

Full article text available via East Bay Times, 12/18/2018.

Kansas Given $6.9 Million Gift to Research Early Human Life

A $6.9 million gift from a late geologist and his wife will be used to help University of Kansas researchers better understand early human life in the Americas.

Joseph and Maude Ruth Cramer established the Odyssey Archaeological Research Fund at the university in 2002 with a $1 million gift. The additional $6.9 million was recently received after their deaths. The KU Endowment said in a news release that the gift will benefit research by the Kansas Geological Survey and the university’s archaeology program.

Full article text available via AP News, 12/15/2018.

$4 Million Gift Creates Wabash College Recruiting Initiative

A $4 million gift is helping expand the recruiting efforts of Wabash College. Walt Snodell, Class of 1968, and his wife, Kathy, have started the Greater Chicagoland Initiative in an effort to reach more students in their hometown.

“Walt and Kathy really wanted their gift to have an impact that reflected their values and their interests,” Dean for Advancement Michelle Janssen said. “They’re very interested in education and scholarships and they’re life-long Chicagoans, so this gift to Wabash’s Giant Steps Campaign was perfect.”

Full article text available via PR Newsletter, 12/13/2018.

Spelman College Receives $30 Million Gift From Trustee Ronda Stryker and Spouse, William Johnston, to Support New Center for Innovation & the Arts

Spelman College has received the largest gift from living donors in its 137-year history from long-standing Spelman trustee Ronda Stryker and spouse William Johnston. The transformative $30 million gift will help build the Center for Innovation & the Arts, the College’s first new academic facility since 1996.

Full article text available via Spelman College News, 12/13/2018.

Paul Allen’s Estate Gives $125 Million to Set Up Immunology Institute

Paul Allen’s estate is making its first major philanthropic gift after his death, giving $125 million to establish a research division focused on the immune system and related diseases.

The Allen Institute announced Wednesday that the Microsoft co-founder made the commitment to start the Allen Institute for Immunology, a project he was working on before he died at age 65 in October. It’s the fourth division to be established under the nonprofit, with others focused on cells, the brain and providing grants to further advances in medical science.

Full article text available via The Seattle Times, 12/12/2018.

Ecolab Foundation Giving $5 Million to University of Minnesota for Sustainability Programs

Ecolab Foundation has committed $5 million to the University of Minnesota to support sustainability research and education, including a new conference series.

“Our gift is designed to support sustainability thought leadership for years to come,” said Ecolab CEO Doug Baker in a statement. “Ecolab operates at the nexus of business and sustainability, and this investment from the Ecolab Foundation will encourage collaboration between the university and the business community to ensure a secure, sustainable future for everyone.”

Full article text available via StarTribune, 12/12/2018.

Freeman, SLA Receive $3.5 Million Gift for Finance, Writing Programs

Tulane University’s A. B. Freeman School of Business and the School of Liberal Arts are the beneficiaries of a new $3.5 million gift from Carole B. and Kenneth J. Boudreaux.

The gift will create a scholarship fund for Freeman School graduate students and establish the Kenneth J. Boudreaux MBA ’67 Professorship in Finance. It will also establish the Carole Barnette Boudreaux NC ’65 Creative Writing Endowed Fund, which will launch two programs that will bring both great and emerging writers to campus.

Full article text available via Tulane University News, 12/12/2018.

$10 Million UK LEADS Gift Will Increase Access in Henderson, Nelson Counties

Mira and Don Ball have spent a lifetime building one of the country’s most successful homebuilding businesses. They also have spent a lifetime giving back in ways that strengthen lives and build communities. That idea — of giving in a way that is lasting, sustaining and building — underpins the $10 million gift to the University of Kentucky from Mira Ball accepted by the Board of Trustees Tuesday.

The single largest scholarship gift in UK’s history will support the UK LEADS (Leveraging Economic Affordability for Developing Success) initiative with a preference for students from Nelson and Henderson counties.

Full article text available via University of Kentucky News, 12/12/2018.


, ,