A $50 Million Gift Will Help Underinsured Children Get Orthopedic Care
Plus, Rochester, N.Y. area billionaire Tom Golisano gave $50 million to build a center to help people with intellectual and developmental disabilities, and University of South Carolina lands $30 million for engineering and computing.
Big Gifts Rise 6% This Year, Aided by a Single Giant Donation
Wealthy donors gave more than $5 billion in 2024, including a $1 billion donation to the Albert Einstein College of Medicine. Fundraisers are optimistic about the next six months of major donations.
$100 Million Windfall for Cedars-Sinai From Randalls
Plus, Harvard gets $20 million after taking a fundraising beating when controversies around campus protests prompted several major donors to pull back.
Mega-Gift Fiasco at Florida A&M Shows Nonprofits What Not to Do
A questionable $240 million gift illustrates what can happen when nonprofit leaders ignore warning signs.
Nursing Gets a Little Love With $10 Million Gift
Plus, an alumni association is awarded $8 million for financial aid, and George Mason University’s concert hall is getting a $5 million renovation thanks to a long-time donor.
OpenAI’s Sam Altman and Husband Among New Giving Pledge Signers
Plus, five other wealthy U.S. donors and a couple from Switzerland and New Zealand also signed the pledge to give away at least half of their wealth to charity.
Motown Founder Berry Gordy Gives $5 Million for Music Industry Education
Plus, former Microsoft CEO Steve Ballmer and his wife Connie gave $25 million to National Parks Foundation, and MacKenzie Scott gave $14 million to a nonprofit that helps immigrants and refugees find professional-level jobs.
Three Children’s Hospitals Land Gifts Totaling More Than $155 Million
Plus, Drake and Hofstra universities also landed huge sums, along with Jupiter Medical Center Foundation.
Bitcoin Charity Lands $21 Million From Twitter Co-Founder
Plus, UC Davis and MD Anderson Cancer Center are among other nonprofits that received big sums.
Megaphilanthropist and Science Champion Jim Simons Is Dead at 86
The billionaire philanthropist and math genius gave heavily to STEM after pioneering “quant” trading at his investment management firm Renaissance Technologies.