Buffett Continues Thanksgiving Tradition With $1.2 Billion to His Kids’ Foundations
By pouring huge sums into his family’s foundations, Warren Buffett shows trust in his three children to give away his $151 billion fortune.
MacKenzie Scott Gives $65 Million to National Community Development Group
Plus, the University of Rhode Island landed a $65 million bequest for STEM scholarships, and Craigslist founder Craig Newmark gave $25 million to help U.S. veterans and their families.
Bill Conway’s $1 Billion Plan to End the Nursing Shortage
The co-founder of the Carlyle Group is using big education gifts to shore up the nursing profession.
Hampden-Sydney College Lands $30 Million From Former Education Secretary
Plus, two Boise, Idaho, nonprofits land $25 million apiece, and the School of American Ballet receives $3 million from a longtime donor and her husband.
Mega Philanthropist and Home Depot Co-Founder Bernie Marcus Has Died
The Atlanta billionaire gave $2 billion to a range of causes and threw his support behind many Atlanta nonprofits during his lifetime.
Pancreatic Cancer Care and Research Gets Big Boost From $50 Million Gift
Plus, immigrants donated big last week: The Clark Art Institute, MIT, and a historical society all received eight-figure gifts from wealthy donors who immigrated to the U.S. and built their fortunes here.
Washington and Lee U. Goes Need-Blind Thanks to $132 Million Gift
Plus, Rochester businessman Phil Saunders gave the University of Rochester Medical Center $30 million to support orthopedics, nursing, and medical school faculty.
Country Music Doyenne Dolly Parton Gives $1 Million for Hurricane Relief
Plus, Cornell University landed $20 million to boost mental health services for students, and the Cincinnati Symphony Orchestra received $10 million to attract new audiences.
Northern Illinois University Lands $40 Million From Bausterts
Plus, a military history museum lands $30 million and a collection of historic aircraft, Mayo Clinic receives $25 million, and MacKenzie Scott gives Nonprofit Finance Fund a second 8-figure gift.
Young Donors Want Opportunities to Volunteer and Collaborate
New studies from Foundation Source and Bank of America show millennial and Gen Z donors want to make a big charitable impact by doing more than just give money.