Chinese Internet Mogul Pledges $2 Billion to Charity
Pony Ma, the founder of Chinese online giant Tencent Holdings, announced plans Monday to donate 100 million shares in the company to its foundation to support medical, educational, and environmental causes, Reuters reports.
New Online-Giving Site Helps Colleges Target Young Alumni
Established last year, GiveCampus.com is helping colleges raise millions of dollars by tailoring solicitations to younger, more tech-savvy donors, writes The Washington Post.
Baltimore Activist Among Winners of Goldman Green Prize
Destiny Watford, a college student who mobilized grass-roots efforts to block construction of a trash incinerator in her South Baltimore neighborhood, was named Monday as one of six 2016 winners of the Goldman Environmental Prize, The Washington Post writes.
Arts Group Gets $20 Million From Ford Foundation and Other Donors
Ford provided $10 million of the new funding to create an operating endowment for United States Artists, a nonprofit that makes unrestricted grants to support accomplished artists in a range of disciplines, reports The New York Times.
Chicago Eyes Site Shift for Stalled Lucas Museum Project
Hoping to kick-start the building of Star Wars creator George Lucas’s planned Chicago showcase for his collection of art and movie memorabilia, currently mired in a legal fight, city officials have proposed a new location on the Lake Michigan waterfront, reports the Chicago Tribune.
Clintons Gave 11% of Income to Charity in 2014; Sanderses Gave 4%
Bill and Hillary Clinton contributed $3 million of their $28 million in adjusted gross income to nonprofit groups, while Bernie and Jane Sanders donated $8,350 on $205,000 in earnings, according to the Associated Press.
Billionaire’s Nonprofit Institute’s Conferences Gather Top Intellectuals
The New York Times profiles investor and art collector Nicolas Berggruen, whose institute hosts several conferences a year to discuss various topics like hierarchy and equality.
Iowa Regents President Has Given Only a Third of His 2008 Pledge of $5 Million
Bruce Rastetter’s pledge is for a training complex for the University of Iowa’s football program, according to an Associated Press analysis.
Boston Marathon Runners Expected to Raise Over $16 Million for Charity
The Associated Press reports that thousands of runners are expected to raise money for dozens of charities on Monday.
Top Earners Gave an Average of $33 Million Each to Charity, IRS Says
The 400 taxpayers with the highest adjusted gross incomes collectively contributed more than $12 billion to charity in 2013.
By Ariana Giorgi
Contributor