U. of Rhode Island and Hampden-Sydney College Each Get $30 Million (Gifts Roundup)
Plus, University of North Carolina at Chapel Hill lands $25 million, Russell Hitt and his family have donated $16 million to Inova Behavioral Health for a drug-addiction program, and Craigslist founder Craig Newmark has given $2.5 million to the Wikimedia Foundation.
Oilman T. Boone Pickens, Who Showered More Than $500 Million on Oklahoma State, Dies at 91
With a net worth that once topped $1 billion, the brash Texan appeared on the Chronicle’s annual list of the biggest donors five times over the years. He also gave to help troubled children and the environment, among other causes.
Music Mogul Berry Gordy Jr. Gives $4 Million to Motown Museum (Gifts Roundup)
Plus, actors Blake Lively and Ryan Reynolds gave $2 million for social justice and detained immigrant children, and five universities received big donations.
Five CEOs of Wealthy Foundations Pledge to Do More to Help Charities Pay Overhead
Leaders of the Ford, Hewlett, MacArthur, Open Society, and Packard foundations also called on all grant makers to recognize that stingy policies are making it hard for many nonprofits to operate efficiently and stay solvent.
Swimwear Designer Anne Cole Leaves $2.5 Million for Otis College of Art and Design (Gifts Roundup)
Plus, Texas A&M received more than $19 million in land and cash, and the Home Deport co-founder Arthur Blank gave $17.5 million to develop and build an Atlanta Park.
Plus, an anonymous donor gave the University of Houston $50 million, and the California real-estate developers Richard and Melanie Lundquist donated $1 million for a four-year automotive-restoration program at McPherson College.
Billionaires Marc and Lynne Benioff Give $35 Million for Microbiome Science (Gifts Roundup)
Plus, a Huntington Hospital, Miami University, North High School in Des Moines, and UCLA’s Congo Basin Institute all land big gifts.
Foundation Assets Top $1 Trillion, but Signs Point to Slump
The increase occurred despite a run-up in grant making from $60 billion in 2013 to $75 billion in 2017, for a total of more than $320 billion over that five-year period.
Crowdsourced List of Museum Salaries Goes Viral, Exposing Pay Inequities
An idea that came up at a happy hour earlier this year prompted an informal information-gathering project that has drawn a worldwide response.
Pom Wonderful Founders Lynda and Stewart Resnick Give $10 Million to Aspen Institute (Gifts Roundup)
Plus, Plan International receives $12 million for global programs for girls, and two universities land large donations.