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Caroline Bermudez

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College Associations Call Endowment Proposals Too ‘Simplistic’

College associations call endowment proposals too ‘simplistic’

Living It Up

Photograph by Diane Bondareff

Companies and Foundations Give $1-Billion for Katrina Aid

Foundations and companies contributed more than $1-billion in cash and goods for relief efforts after Hurricanes Katrina and Rita, a new report has found. The report was prepared by the Foundation Center, a New York organization that conducts research and provides other services to aid grant…

Gulf-Coast Grants by Companies and Foundations Top $1-Billion

Gulf-Coast giving by companies and foundations tops $1-billion

Bank Mergers Spur Rise in Giving, Study Says

Philanthropic giving by banks has increased significantly amid major mergers that took place in the 1990s, but the banks are focusing their donations more on national causes than the local ones previously supported, a new study has found. The report, “Banking on Philanthropy: Impact of Bank Mergers…

Clean and Somber

Michael M. Gimbel wants young people to see the world through the eyes of a drunk person — before the parties of prom season start. As director of the Office of Substance Abuse Education at Sheppard Pratt Health System, in Baltimore, he outfits teenage drivers with “fatal vision” glasses, which…