Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: January 2 – January 8

Maltz Jupiter Theatre Announces $5M Matching Grant Campaign to Boost Fundraising for Expansion

Bringing the ever-popular “Hamilton: An American Musical” to Jupiter could be a possibility with Maltz Jupiter Theatre’s $32 million expansion, and the theater’s founding members have created a donation matching challenge that will help the nonprofit get closer to its goal. The Milton and Tamar Maltz Family Foundation will match donations dollar-for-dollar up to $5 million to go toward the theater’s Believe capital campaign.

Full article text available via The Palm Beach Post, 1/4/19.

Intelligence Museum Receives $10 Million Donation

One of the largest private foundations in the U.S. has donated $10 million to the National Museum of Intelligence and Special Operations, The Office of Strategic Services Society announced on Dec. 17. A nonprofit based in Falls Church, the Office of Strategic Services Society promotes the history and work of the O.S.S., which was the country’s first centralized intelligence agency, and its successors, including the C.I.A.

The Office of Strategic Services Society is spearheading the building of the National Museum of Intelligence and Special Operations, a planned museum dedicated to the U.S.’s intelligence community that will be located in a new mixed-use development near Dulles International Airport in Loudoun County.

Full article text available via The Fairfax County Times, 1/4/19.

Northwestern Gets $10 Million for Urologic Cancer Institute

Energy industry entrepreneur Michael Polsky and his family have donated $10 million to Northwestern Medicine’s urology program to fund a namesake cancer institute and advance clinical research.

Full article text available via Crain’s Chicago Business, 1/7/19.

IU Alumnus’ $2 Million Gift Will Help More Kelley School of Business Students Study Abroad

Thanks to a $2 million gift from alumnus Jim Perschbacher, more students in Indiana University’s Kelley School of Business will be able to gain broader global experience through studying abroad.

IU Bloomington ranks sixth among U.S. institutions for number of students studying abroad, according to the 2018 Open Doors Report on International Educational Exchange, released by the Institute of International Education. Kelley School students represent a large portion of those students.

Full article text available via Indiana University News, 1/7/19.

UCLA Receives $5 Million to Expand Geriatric Care and Training

Longtime UCLA supporters James and Carol Collins have donated $5 million to the David Geffen School of Medicine at UCLA to improve services and enhance well-being for older adults. The new Carol and James Collins Endowed Fund in Geriatric Medicine will enhance current programs and enable future investments in innovative research and education.

Full article text available via UCLA Newsroom, 1/7/19.

Anthony and Christie de Nicola Make Gift in Support of Notre Dame’s Center for Ethics and Culture

Established in 1999, the Center for Ethics and Culture has long been part of the University of Notre Dame’s wider efforts to share the richness of the Catholic moral and intellectual tradition through teaching, research and dialogue, both on campus and in the wider public square.

Now, thanks to a transformative $10 million gift from Anthony and Christie de Nicola of Franklin Lakes, New Jersey, the center is poised to expand its work forming and mentoring Notre Dame students, engaging in interdisciplinary programming and research, and promoting a culture of life worldwide through teaching, exchange and service.

Full article text available via Notre Dame News, 1/8/19.

W.P. Carey Foundation Gives Another Big Gift to ASU Business School — $25 Million

William Polk Carey gave $50 million in 2003 to rename Arizona State University’s business school after himself. Now, seven years after his death, his foundation is giving the school another $25 million, ASU said Tuesday.

Carey, a New York real estate investor, first donated $50 million to the school in 2003, which led to ASU naming the college’s business school the W.P. Carey School of Business. Now, the W.P. Carey Foundation will give $25 million as part of a fundraising push to bring in $50 million in new money to the business school. The donation isn’t contingent on any additional fundraising.

Full article text available via AZ Central, 1/8/19.

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