McDonnells Give $20 Million for St. Louis Park Improvements
Former aerospace executive James S. McDonnell III, his wife, Elizabeth Hall McDonnell, and their charitable trust donated $20 million Friday to nonprofit St. Louis conservancy Forest Park Forever, reports the St. Louis Post-Dispatch.
Dallas Museum Director Departing for New Cities Foundation
The museum said Monday that director Maxwell Anderson, who is credited with significantly boosting attendance and diversifying the institution’s offerings during a nearly four-year tenure, has resigned to join the New Cities Foundation, The New York Times and The Dallas Morning News report.
Designer and Immigrant Activist Are Among MacArthur ‘Genius’ Winners
One winner of the $625,000 stipend, Alex Truesdell, makes special tools and furniture for children with disabilities. Another founded a university in Ghana.
By Maria Di Mento
Senior Editor
Gifts Roundup: Catholic and Charter Schools Get Millions of Dollars
Other notable recent gifts include $8 million for the Campbell University Law School from one of the investigators in the Watergate scandal, and $10 million for the Kennedy Center.
By Maria Di Mento
Senior Editor
Economic Matchmaker Revs Up Next Phase of Philanthropy in Detroit
Ryan Friedrichs, the city’s new director of development, discusses his efforts to get residents, foundations, and local government singing the same tune.
By Eden Stiffman
Senior Editor
Planned Parenthood Fights Funding Threats With Nationwide Events
The embattled women’s health nonprofit will hold scores of rallies across the country Tuesday as part of its effort to demonstrate support and regain the political initiative amid a partisan controversy over its provision of fetal tissue for medical research, The New York Times writes.
Gates Foundation Backs Program to Strengthen Primary Care
The Bill & Melinda Gates Foundation is teaming with the World Health Organization and the World Bank on an effort to close data gaps that weaken the provision of primary health care in poor and middle-income countries, The New York Times reports.
MIT Beating Yale and Harvard in Endowment Growth
A Yale graduate who formerly helped manage his alma mater’s endowment is now outperforming it as head of the Massachusetts Institute of Technology’s investment fund, which achieved 13.2 percent growth in fiscal 2015, The Wall Street Journal writes.
Colleges Step Up Efforts to Court Sports Stars as Donors
Major universities are increasingly soliciting financial support from former student-athletes who have gone on to lucrative professional basketball, football, and baseball careers, writes The New York Times.
U. of Wisconsin Gets $28 Million for Museum and Art Program
The University of Wisconsin-Madison has received a $28-million pledge of artworks and cash from former Liz Claiborne executive Jerome Chazen and his wife, Simona, patrons of its campus’s art museum, reports the Wisconsin State Journal.