Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: October 17 – October 23

Ralph Wilson’s Biggest Gift Yet: $100M to Transform LaSalle Park, Trails

The Ralph C. Wilson Jr. Foundation will announce the largest philanthropic gift ever made in Western New York.

The foundation will give $100 million to turn LaSalle Park on Buffalo’s Lower West Side into a signature park and to develop a completed regional trail system.

Full article text available via The Buffalo News, 10/17/2018.

Stephen Taub commits $17.3 million to Penn State Abington

Stephen Taub, a former Penn State Abington student and University Park graduate, has continued his longtime support for Abington with a $17.3 million commitment, the largest gift in the campus’ history. The new Taub Endowments will provide high-impact opportunities for deserving students through scholarships and global engagement programs focused on leadership, innovation and multiculturalism within education, commerce and government.

Full article text available via Penn State News, 10/17/2018.

University of Alabama Raises $224 Million

The University of Alabama says it raised more than $224 million in gifts and pledges during 2017-18 school year.

The school said in a news release the money came from more than 62,000 donors.

The school said it had raised about $120 million during the previous fiscal year.

Full article text available via WRBL, 10/22/2018.

Tang Family Gift Supports MIT.nano, MIT Quest for Intelligence

The Tang family of Hong Kong has made a $20 million gift to MIT to name the Tang Family Imaging Suite in the new MIT.nano facility and establish the Tang Family Catalyst Fund to support the MIT Quest for Intelligence.

The Imaging Suite in MIT.nano is part of a highly specialized facility for viewing, measuring, and understanding at the nanoscale.

Full article text available via MIT News, 10/18/2018.

$20M Gift Boosts Michigan, Israeli Research Collaborations

The University of Michigan has received $20 million from a foundation to boost its collaboration with two Israeli research institutes.

The Ann Arbor school says the gift from The D. Dan and Betty Kahn Foundation will build on advancements in health, science and education made by researchers. Officials say Michigan, Technion-Israel Institute of Technology and the Weizman Institute of Science have teamed up on about 50 projects since 2011.

Full article text available via WNDU, 10/21/2018.

$7.5 Million Black Family Foundation Gift to Support Veterans and Active Duty Military Fellowships

U.S. veterans and active duty military members who want to pursue graduate studies at Harvard will now have even more support thanks to a new graduate studies fellowship announced today by the Harvard Kennedy School. The fellowships, funded by a $7.5 million gift from the Debra and Leon Black Family Foundation, will help cover the costs of attendance and support comprehensive leadership development for up to 25 graduate students annually at Harvard Law School, Harvard Kennedy School, and Harvard Business School.

Full article text available via Harvard Law Today, 10/18/2018.

Stanford Law School expands innovative Global Law Program with $25 million gift from alumnus William A. Franke

Stanford Law School (SLS) will expand its global educational offerings through a $25 million gift – the largest gift from an alum in the law school’s history – from William A. Franke, AB ’59, LLB ’61, a prominent businessman and lifelong philanthropist. The gift, inspired by SLS’s 125th anniversary, will endow SLS’s Global Initiative, which will now be named the W. A. Franke Global Law Program.

Full article text available via Stanford News, 10/22/2018.