Buffett Associate Munger Commits $200 Million to Cal Campus
The gift from billionaire investor Charles Munger will finance new student housing at the University of California at Santa Barbara, reports the Santa Barbara Independent.
U. of Missouri Fundraising Rebounds After Race Controversy
Despite protests over race relations last fall that thrust the campus into the national spotlight and led to its president’s departure, Mizzou is on pace to set an annual record for donations, according to the Columbia Daily Tribune.
Activists and Philanthropists Make Fortune Leadership List
Nonprofit advocates who champion human rights, the environment, and other causes joined heads of state and captains of industry on Fortune magazine’s 2016 selection of the world’s 50 greatest leaders, the Thomson Reuters Foundation writes.
Fundraising Group for N.Y. Schools Installs New Director
Three and half months after the executive director of the Fund for Public Schools abruptly stepped down, the education nonprofit named former Rockefeller Foundation official Sarah Troup Geisenheimer to the post, reports The Wall Street Journal.
Guilty Plea for Man Accused of Defrauding Sandy Hook Charity
Robert Bruce was accused of misappropriating about $73,000 from a runners charity he established to help victims of the Newtown, Conn., mass shooting, writes the Associated Press.
Charity Navigator Seeks Feedback Ahead of Changes to Financial Ratings
The watchdog group is asking the more than 8,000 charities it rates to weigh in before finalizing its new criteria.
By Eden Stiffman
Senior Editor
Paul Allen Commits $100 Million to Boost Bioscience Studies
The tech billionaire’s 10-year pledge will fund a new organization, the Paul G. Allen Frontiers Group, to support unconventional research at the “frontiers” of biological science, The Washington Post reports.
Rockefeller Family Fund to Eliminate Fossil-Fuel Holdings
The charity founded by descendants of oil baron John D. Rockefeller announced Wednesday that it will fully divest from fossil fuels “as quickly as possible” and singled out ExxonMobil for stinging criticism over its handling of climate issues, Reuters and The Guardian write.
Starbucks Says It Will Give All Unsold Food to Charity
Joining a growing movement to minimize food waste, the coffee giant announced a new program, FoodShare, through which it will donate unsold meals from its thousands of U.S. locations to anti-hunger groups, reports The Christian Science Monitor.
Salesforce.com Seeks Nonprofit Input on Specialized Software
The cloud-computing company has held a series of events, called Community Sprints, at which nonprofit officials can suggest changes or even revise code to tailor Salesforce products to meet charities’ needs, the San Francisco Chronicle writes.