Grant Making in 2006 Not Expected to Rise Much, New Report Says
Total giving by grant makers in the United States hit a record $33.6-billion in 2005 — an increase of 5.5 percent — but sluggish investment returns on foundations’ assets signal a dull forecast for giving in 2006, said a new report released by the Foundation Center, in New York. The annual report,…
Two New York Universities Receive $200-Million Gifts
Columbia University, in New York, and New York University have each received $200-million gifts for new research institutes. The donations rank among the 15 largest private gifts received by any college or university in the United States, according to The Chronicle of Higher Education. Dawn M.…
Arizona Grant Makers Commit $150-Million for Bioscience Research
A philanthropist in Arizona is pledging $100-million to support bioscience research and development in the state, part of an effort to prod the state to commit more money to such efforts. Under an arrangement announced last week, Stardust Charitable Group, a philanthropy founded by Jerry Bisgrove,…
Three Education Institutions Get Multimillion-Dollar Gifts
Three higher-education institutions have received gifts of $100-million or more: Peter B. Lewis, chairman of the Progressive Corporation, in Cleveland, has pledged $101-million to Princeton University, in New Jersey, for a large-scale, multifaceted arts program. Baylor College of Medicine, in…