Measuring Endowments: How the Survey Was Conducted
Database: How endowment investments fared at 210 nonprofit groupsArticles: All of the advice and commentary from this special supplement on endowments Supplement in print: Order print copies of the Endowments supplements from August 2005 and May 2004
By Maria Di Mento
Senior Editor
Software Mogul Expected to Give Harvard $115-Million
Lawrence J. Ellison, chief executive of Oracle software company, plans to give $115-million to Harvard University, in Cambridge, Mass., to study global health. University officials said they had not agreed yet on the terms of the gift, but after a report in the Harvard Crimson, the university’s…
By Maria Di Mento
Senior Editor
$20-Million Gift Sparks a Guessing Game
In what is quickly becoming one of the most open secrets in the nonprofit world, Michael Bloomberg, New York’s mayor, has apparently made another big gift to charity. Last month, just as it had done in each of the previous three years, the Carnegie Corporation of New York announced that it had…
By Maria Di Mento
Senior Editor
$100-Million Pledged to Rockefeller U.
David Rockefeller has made his second $100-million pledge in three months, announcing that Rockefeller University would receive that sum after he dies. In April, Mr. Rockefeller said the Museum of Modern Art, in New York, would also get $100-million from his estate. Mr. Rockefeller, who this month…
By Maria Di Mento
Senior Editor
Art Auction Nets $39-Million for Fund
The assets of the Jewish Communal Fund, in New York, will soon increase by $39.5-million, as it receives proceeds from an auction this month of 14 artworks. Donald Jonas, who helped found Lechters, a now-defunct chain of housewares stores, and his wife, Barbara, donated pieces from their…
By Maria Di Mento
Senior Editor
Foundation Gets Bulk of Heiress’s Estate
Cordelia Scaife May, an heir to the Mellon fortune who died in January, left the bulk of her estate, worth more than $400-million, to a Pittsburgh foundation she started in 1996. But Ms. May, who kept most of her giving private, provided few clues in her will about the exact dollar amount of her…
By Maria Di Mento
Senior Editor
Health and Human Services Most Popular With Donors
Ninety percent of Americans in a new survey said they gave to charity in the past year. Forty-two percent of people gave between $100 and $1,000 in the last 12 months, while nearly a quarter said they gave less than $100. The poll of 1,000 Americans was conducted by Freelanthropy, a fund-raising…
By Maria Di Mento
Senior Editor
The J. Paul Getty Museum, in Los Angeles, has received a collection of sculptures by Alexander Calder, Henry Moore, and other 20th-century artists from the estate of the film producer Ray Stark, who died in 2004. Museum officials declined to say how much the sculptures were worth, but The New York…
By Maria Di Mento
Senior Editor
David Rockefeller Pledges $100-Million to Museum of Modern Art
David Rockefeller, chairman emeritus of the Museum of Modern Art, in New York, announced that he would include a $100-million bequest to the institution in his will. In addition to the $100-million commitment, Mr. Rockefeller, 89, said he plans to start giving the museum $5-million a year until his…
By Maria Di Mento
Senior Editor
Grant Makers Receive Honors for Creative Communications Efforts
The Council on Foundations at its annual conference in San Diego this week honored 83 foundations for outstanding ALSO SEE:Wilmer Shields Rich Awards for Excellence in Communications annual and biennial reports, newsletters, public-information campaigns, special reports, and Web sites. Given every…
By Maria Di Mento
Senior Editor