Philanthropy News Blog

A roundup of philanthropic news.

This Week in Philanthropy: October 31 – November 6

A Swiss Billionaire is Donating $1 Billion in an Attempt to Save the Planet’s Wild Lands and Waters from Destruction

A Swiss philanthropist’s foundation will donate $1 billion to conserve the planet’s land and oceans in an effort to expand the availability of clean air and drinking water.

Hansjörg Wyss, a billionaire and conservationist, wrote in a New York Times op-ed that he will donate the money over the next 10 years through his Wyss Foundation. Lands and waters are best conserved when they become public national parks, wildlife refuges, or marine reserves, Wyss wrote. He aims to help conserve 30% of the Earth in a natural state by 2030.

Full article text available via Business Insider, 10/31/2018.

Michael Jordan to Pour Millions into Portland-Based National Nonprofit

The NBA’s biggest superstar ever has made yet another massive gift to Portland-based Friends of the Children. The nonprofit, which operates 15 locations nationally, said Michael Jordan will make a “multimillion” dollar “investment” in the group through his upcoming ESPN Films and Netflix documentary series “The Last Dance.” Jordan will donate “his proceeds” from the project to the group, which looks to add more locations throughout the country. His contributions will go to the non-profit’s outlets in Chicago and Charlotte, N.C.

The exact size of the “investment” wasn’t disclosed, but Friends of the Children leaders said it would take it “over the finish line for an aggressive fundraising campaign: raising $25 million in less than three years.”

Full article text available via KGW News, 11/01/2018.

Seattle Children’s Receives $20 Million Gift from Ballmer Family to Support Odessa Brown Children’s Clinic

Seattle Children’s announced that Steve Ballmer, former Microsoft CEO, and his wife, Connie Ballmer, both of who are founders of the Ballmer Group, have graciously donated $20 million to help advance the ability for Odessa Brown Children’s Clinic (OBCC) to better serve families in the community who need it most.

Full article text available via PR Newswire, 11/01/2018.

UNC-Chapel Hill Announces $21M Gift to Support Media and Journalism, Medicine and Athletics

The University of North Carolina at Chapel Hill announced a $21.275 million gift from the Curtis Foundation, thanks to the generosity of Barbara and Don Curtis. The donation includes $10 million for the largest gift ever made to the UNC School of Media and Journalism, in part to build a new state-of-the-art media center to bring the forefront of the media world to Carolina students. Additional funding will create immersive extracurricular learning opportunities for students, and support the pursuit of service and excellence in both medicine and athletics.

Full article text available via UNC News, 11/02/2018.

Transformative Gift to NC State Names the Wilson College of Textiles

North Carolina State University announced that it has received a $28 million gift from alumnus Frederick “Fred” Eugene Wilson Jr. and the Wilson family. The gift funds an endowment to support and name NC State’s College of Textiles. Effective immediately the college will be known as the Wilson College of Textiles.

The gift is part of the Think and Do the Extraordinary Campaign – a $1.6 billion fundraising effort. It is the largest gift ever made to the college in its 119-year history and makes Wilson College of Textiles only the second named school at NC State.

Full article text available via NC State News, 11/02/2018.

Pan-Mass Challenge Announces Unprecedented $56 Million Gift to Dana-Farber Cancer Institute

The Pan-Mass Challenge (PMC) announced the largest gift ever contributed by an organization to Dana-Farber Cancer Institute (Dana-Farber) – a record-breaking $56 million raised in 2018 that will support adult and pediatric patient care and cancer research. The reveal was made at an intimate brunch event celebrating the thousands of riders, volunteers and corporate partners that contributed. The organization exceeded last year’s contribution by a staggering $5 million and, since its inception in 1980, has raised a total of $654 million for the world-renowned cancer institute.

Full article text available via PR Newswire, 11/04/2018.

Close to Hitting Its Fundraising Goal, Ferris State Raises Its Target to $115M

Ferris State University has set a new fundraising target for its first-ever comprehensive campaign to fund additional projects and scholarships, officials said Nov. 5. The Now & Always campaign goal, announced last November, has increased by $35 million to $115 million and the time-frame extended through June 30, 2022.

The university has already raised nearly $78 million of the original $80 million goal ahead of the June 30, 2019 deadline. The funding is to invest in three top priorities: investing in students, program expansion and innovation, and building partnerships.

Full article text available via M Live, 11/05/2018.

St. Joseph Mercy Oakland Receives $4.8 Million Gift from Late Philanthropist Russell Ebeid

Longtime Guardian Industries executive Russell Ebeid donated $4.8 million to St. Joseph Mercy Oakland hospital in Pontiac, which the hospital intends to allocate toward campus redevelopment.

Ebeid, who had been a patient at the hospital, died July 30, 2017, in his home at age 77. The donation was a cash gift that Ebeid worked on with the hospital before his death, a spokeswoman with the hospital told Crain’s.

Full article text available via Crain’s Detroit Business, 11/05/2018.