Brown U. Alumnus Gives $25 Million for Entrepreneurship Center
The gift from financier Jonathan Nelson will establish a campus hub for students to turn their classroom experience into new business ventures, the Associated Press writes.
U.S. Colleges Raise $40 Billion; Stanford Tops List at $1.6 Billion
Fundraising jumped by 7.6 percent over 2014, with nearly a third of all contributions going to the top 20 institutions.
Media Mogul Zuckerman Launches $100 Million STEM Effort
Publisher Mortimer Zuckerman’s foundation made a 20-year commitment to a new scholarship and research program to foster scientific and technological collaboration between Israel and the United States, the Jewish Telegraphic Agency writes.
Abortion Foes Charged Over Planned Parenthood Video Sting
A Texas grand jury convened to investigate claims that Planned Parenthood illegally trafficked in fetal tissue has instead indicted the head of an anti-abortion activist group whose secretly shot videos fueled the allegations, reports The New York Times.
Naming Rights a Growing Topic of Talk at Harvard Medical School
The possibility that Harvard University could rename its prestigious medical school for a sufficiently large gift — up to $1 billion, by some estimates — is the subject of widespread discussion among faculty and officials, according to Stat, a news website covering the health industry.
N.Y. Woman Gets 1 to 3 Years for $300,000 Charity Swindle
The former head of a nonprofit Queens clinic was sentenced Friday for defrauding the organization of government grant money, reports the New York Daily News.
Gates Foundation and Britain Team Up on $4 Billion Malaria Effort
The foundation will provide $150 million to $200 million annually for the five-year effort to end malaria deaths, supplementing funding from the British government, Reuters and BBC News report.
Charities Urged to Watch Donor-Anonymity Legal Challenges
In California and New York, attorneys general are demanding that charities provide names and giving records of big contributors, spurring a protest from some of the groups affected.
Gifts Roundup: $100 Million for Genome Center and $75 Million for Hospital
Other notable recent gifts include $25 million to the Villanova University law school and $15 million to establish a new cybersecurity program at Harvard.
At Nexus, a Peek Into the Minds of Young, Wealthy Donors
The second annual Nexus USA Youth Summit convened close to 200 young people from many of the world’s wealthiest families, along with idealistic social entrepreneurs and impact investors.