U. of Wisconsin Foundation Draws Millions From Health Gift
The university’s nonprofit fundraising affiliate has collected more than $30 million in fees from a $600 million contribution to medical research and education by Blue Cross Blue Shield United of Wisconsin in 2003, the Milwaukee Journal Sentinel.
Philadelphia Foundation Looks to Retool Under New Leader
With a new president in place and several years of stagnant fundraising behind it, one of the country’s oldest community foundations is rethinking its strategy and mission, with a close eye on what other big-city grant makers are doing, writes The Philadelphia Inquirer.
$25 Million Donation Backs New Fort Worth Medical Center
Dallas-based medical complex UT Southwestern will expand its operations in Fort Worth with the donation from oilman W.A. “Tex” Moncrief Jr., reports the Fort Worth Star-Telegram.
Australian Fund Manager at Leading Edge of Pro Bono Trend
The Wall Street Journal looks at an emerging trend of money-management firms whose stock pickers work without pay and a portion of proceeds go to charity, focusing on Australian firm Future Generation Global Investment.
Gifts Roundup: 2 Anonymous $25-Million Donations
The major gifts from unidentified contributors will benefit Gustavus Adolphus College in Minnesota and the Kansas City Art Institute.
New Orleans Charities Grew Fast in Decade After Katrina
The wave of public and private dollars directed to the area after Hurricane Katrina has continued, with financial growth still apparent in 2013.
Carter Center ‘Well Prepared’ to Carry On, Former President Says
The organization has an endowment of about $600 million and will continue its work, including the eradication of Guinea worm disease, despite Jimmy Carter’s cancer diagnosis.
New Leader at Habitat for Humanity New York City and a Change at Walton Foundation
Other personnel changes took place at the Washington National Cathedral, several cultural groups, and more
Nonprofits Ask Obama to Reverse Rule Allowing Religious Groups to Discriminate
In a letter to the president, 130 groups say the rule unfairly allows discrimination by religious groups that get federal funds.
Walmart Foundation Pledges $25-Million to Disaster Preparation
On the 10th anniversary of Hurricane Katrina, the corporate philanthropy announces new support.