Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: May 8 – 14

Oregon Shakespeare Festival Receives $4.5 Million Gift

The Oregon Shakespeare Festival, already one of the largest theater companies in the United States with a $44 million operating budget, just got a 10% raise. Roberta “Bertie” Bialek Elliott, a philanthropist who has served on the Ashland-based festival’s board of directors, has given an unrestricted gift of $4.5 million, artistic director Bill Rauch said Tuesday. Elliott, of Carmel, California, is a co-founder of the Berkshire Foundation and sister of billionaire Warren Buffett, chief executive officer of Berkshire Hathaway.

Full article text available via The Oregonian, 5/7/19.

Massachusetts Couple Gives $20 Million to K-State

A Massachusetts couple is donating $20 million to Kansas State University’s College of Business Administration. The college said in a news release that the gift from Paul and Sandra Edgerley of Brookline, Massachusetts, will fund a new Digital Learning Repository and a new Center for Financial Analysis. It also is expected to help the business college’s goals of improving the four-year graduation rate and increasing enrollment by 500 students, including more multicultural students. Other goals include increasing contact between students and businesses, providing more internships, and improving job offers and average starting salaries of its graduates.

Full article text available via KSNT, 5/8/19.

$10M Donation To Rutgers-Newark Will Create ‘Agents Of Change’

A $10 million donation – the largest in Rutgers-Newark history – will be used to create “agents of positive change” in the city,” school administrators announced Wednesday. Prudential Financial has committed $10 million to the Honors Living-Learning Community (HLLC) at Rutgers-Newark, which will fund the launch of the “Prudential Scholars Program” for the city’s residents. The gift will create cohorts of Newark residents in the HLLC known as “Prudential Scholars” and provide them with scholarships to cover tuition and fees, as well as room and board, during their full-time study at Rutgers–Newark.

Full article text available via Patch, 5/8/19.

Former Sen. Herb Kohl Gives $10 Million to UW’s School of Public Affairs

Representing Wisconsin in the U.S. Senate for 24 years, Herb Kohl demonstrated his deep commitment to public service and his ethos of civility in public debate and policymaking. A $10 million gift announced today from Herb Kohl Philanthropies to the University of Wisconsin–Madison’s La Follette School of Public Affairs will extend the reach of that legacy. Kohl’s donation, the Kohl Initiative, focuses on three priorities that will expand the School’s public outreach mission, advance the training of future public leaders and support influential research by faculty and students. It is the largest donation in La Follette School history.

Full article text available via the University of Wisconsin-Madison News, 5/12/19.

Alumnus Chance Wright ’18 Makes $3.5 Million Gift to RIT Photo School

A 2018 advertising photography alumnus is making a $3.5 million gift to Rochester Institute of Technology’s School of Photographic Arts and Sciences (SPAS), the largest single gift ever made to RIT’s College of Art and Design. The gift comes from Chance Wright and his mother, Pamela Mars Wright, whose late father was the co-president of Mars, Incorporated. Headquartered in McLean, Va., Mars is a family-owned business with more than a century of making some of the world’s best-loved brands and offering services for people and pets.

Full article text available via the RIT News, 5/13/19.

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