Most Boston Colleges Fall Short of City Funding Requests
Thirteen of 19 colleges and universities from which Boston sought voluntary payments in lieu of property taxes this year paid less than the city asked for, The Boston Globe writes.
Atlanta Symphony Back in Black After Deficits and Labor Fights
After years of persistent budget shortfalls that led to two bruising labor battles, the Atlanta Symphony Orchestra ended its truncated 2014-15 season with a surplus, reports The Atlanta Journal Constitution.
Grants Roundup: St. Baldrick’s Foundation Awards $21 Million to Cancer-Research Groups
Other awards include $15 million to 30 environmental-conservation groups from the Leonardo DiCaprio Foundation.
By Eden Stiffman
Senior Editor
Michael Eisner’s Fund Puts Focus on Programs That Serve Young and Old
The philanthropy, started by the former Disney CEO, is now devoting all of its money to intergenerational programs.
By Alex Daniels
Contributor
Changes to Combined Federal Campaign Delayed One Year
The new rules, now set to begin in 2017, will prohibit federal workers from making donations in cash and charge participating nonprofits a fee instead of taking a portion of donations.
By Rebecca Koenig
Contributor
Russian Tech Tycoon Pledges $100 Million for ET Search
The 10-year commitment by Internet billionaire Yuri Milner will support an unprecedented expansion of scientists’ search for signs of extraterrestrial life, the San Francisco Chronicle and the Associated Press report.
N.Y. Levels Fraud Allegations at Children’s Leukemia Charity
The state attorney general’s office filed court papers Monday seeking to shut down a Brooklyn-based nonprofit that authorities accuse of drawing millions of dollars from donors with exaggerated claims about serving young leukemia patients, reports The New York Times.
N.Y. Regents OK Gift-Driven Name Change for Upstate College
The board that oversees higher education in New York State voted Monday to approve a plan by Paul Smith’s College to add philanthropic patron Joan Weill to its name in honor of a $20-million donation, the Albany Times Union reports.
Smithsonian Meets Kickstarter on Armstrong Space-Suit Effort
The Smithsonian has launched its first crowdfunding campaign, seeking to raise $500,000 to preserve and once again exhibit the space suit Neil Armstrong wore while taking humankind’s first steps on the moon, reports CollectSpace, an online news service on space history.
Arnold Foundation Puts $5 Million Into Research on Rising Drug Prices
The Laura and John Arnold Foundation has awarded a $5.2-million grant to a Boston nonprofit that assesses drug pricing, adding the Houston philanthropists to a growing movement challenging soaring prescription costs, The Wall Street Journal writes.