IKEA to Give $445 Million-Plus to Combat Climate Change
The furniture giant and its foundation announced a commitment Thursday to give to efforts that help poor countries cope with the effects of global warming, Reuters reports.
Clinton Foundation Raised $26 Million Through Swedish Arm
The Stockholm-based affiliate raised millions of dollars for the foundation from donors in Sweden while that country’s government was urging the Hillary Clinton-led State Department to ease economic sanctions on Iran, according to The Washington Times.
Calif. Developer Gives $25 Million for USC Hearing Treatment and Research
The donation from Southern California builder Rick Caruso and his wife, Tina, will support efforts at the University of Southern California’s Keck School of Medicine to help children like their teenage daughter who suffer from hearing loss, the Los Angeles Times reports.
Cleveland Foundation Gets $23 Million From Builder’s Estate
The donation from the estate of construction executive Albert Higley Jr. boosts a fund he and his late wife established at the foundation to support social-service groups supporting the needy, writes The Plain Dealer.
Opposition Prompts Frick Museum to Drop Makeover Plan
The Frick Collection has abandoned a blueprint for expanding its Manhattan building that drew strong criticism from preservationists and prominent architects, writes The New York Times.
Founder of Iraqi Refugee Nonprofit Wins Charles Bronfman Prize
Becca Heller, 34, the youngest recipient of the $100,000 award for young Jewish humanitarians, was honored for her legal-assistance work in the Middle East.
By Rebecca Koenig
Contributor
U.S.-Cuba Thaw Is Making American Nonprofit Work on the Island Nation Easier
The easing of travel restrictions is amplifying interest in the country’s culture and health-care system and eliminating some hurdles for charities and foundations.
By Megan O’Neil
Contributor
Grants Roundup: Duke Endowment Awards $15.3 Million for Health Research
Other awards include $2 million in grants to Detroit organizations from the Max M. & Marjorie S. Fisher Foundation.
By Eden Stiffman
Senior Editor
Hedge-Fund Manager Gives $400 Million to Harvard University
John Paulson is making the donation to the School of Engineering and Applied Sciences, The Chronicle of Higher Education reports.
Red Cross Criticized for Relief Efforts in Haiti
Despite public celebration of its work following the 2010 earthquake, the Red Cross has repeatedly failed in its efforts there, according to ProPublica.