Two Big Gifts Boost New Care Center at St. Jude in Memphis
St. Jude Children’s Research Hospital has received a $50-million pledge from Sterling Jewelers to support new facilities on the Memphis medical campus, the Memphis Business Journal writes.
Holocaust Museum Gets $20-Million to Fight Genocide
The United States Holocaust Memorial Museum announced a $20-million donation Thursday from the Samerian Foundation to support initiatives aimed at averting genocide, reports the Indianapolis Star.
N.Y. Art Museum Linked to Bible Studies Seen at Risk
A $300-million property deal in New York has created financial uncertainty for a museum of religious art that occupies space in the recently sold building, writes The Wall Street Journal. The Museum of Biblical Art has been paying $1 a year in rent to its landlord and former parent organization, the American Bible Society, but now faces annual bills of $1-million to $1.5-million if it wants to stay in Manhattan.
Green Group Helps Citibank on $100-Billion Climate Effort
Citibank pledged Wednesday to pump $100-billion in loans and investment over the next decade into projects that reduce the impact of climate change under a plan co-developed by the Boston environmental nonprofit Ceres, The Boston Globe reports.
Walmart Commits $100-Million to Aid Its Low-Wage Workers
Walmart Stores and the Walmart Foundation will give $100-million over the next five years to programs designed to help entry-level retail employees move up in their careers, reports the Associated Press.
Feeney Donates $100-Million to New San Francisco Hospital
Charles Feeney’s gift to the newly opened UCSF Medical Center at Mission Bay will primarily support research and treatment related to neuroscience and aging, reports the San Francisco Chronicle.
Big Swiss Brokerage Offers to Match Clients’ Giving
Zurich-based financial-services firm UBS is expanding a philanthropic program to U.S. customers that will match up to 100 percent of a client’s donations to a company-affiliated charitable foundation, reports The Wall Street Journal.
Clinton Foundation Defends Taking Foreign Contributions
In a statement Wednesday, the Clinton foundation said the gifts from foreign governments, criticized by some as ethically questionable in light of Hillary Clinton’s prospective presidential run, are subject to “strong donor integrity and transparency practices” and help save lives, The Wall Street Journal writes.
$40-Million Lilly Grant Boosts Tech Projects at Purdue U.
The grant from the Lilly Endowment will support new technology, engineering, library projects, and facilities at Purdue University in Indiana, the Lafayette Journal & Courier writes.
S. California Arts Groups Court Chinese-American Donors
With Southern California’s well-to-do Chinese-Americans expected to step up giving in the coming years, the region’s cultural institutions are expanding outreach efforts in a bid to expand audience diversity and donor pools, writes the Los Angeles Times.