Daily News Roundup: Penn Fund Gives $100 Million for Philly Revitalization

William Penn Foundation Commits $100 Million to Improve Philadelphia Public Spaces: The grant will go toward a plan by Mayor Jim Kenney to renovate the city’s parks, libraries, recreation centers, and playgrounds and is being billed as a way to fight poverty, reports The Philadelphia Inquirer.

Past Jeff Sessions Comments Hint at New Clinton Foundation Inquiry: The attorney general-designate suggested in interviews during the campaign season that the FBI had not thoroughly investigated whether Hillary Clinton granted favors to donors to her family’s charity while serving as secretary of state and that he believes she violated the law, The Washington Post writes.

Robert W. Woodruff Foundation Pledges $30 Million to U. of Georgia: The gift will go toward scholarships and expanding opportunities for students and advances a $1.2 billion university fundraising campaign, writes The Atlanta-Journal Constitution.

Salk Institute Gets $25 million to Study Chronic Inflammation: The grant from the Helmsley Charitable Trust of New York will underwrite three years of research into an ailment that appears to play a key role in cancer, diabetes, rheumatoid arthritis, and numerous other diseases, The San Diego Union-Tribune reports.

Conrad N. Hilton Foundation Name New Chief Investment Officers: Michael Buchman and Yatin Patel will jointly manage the organization’s $5.6 billion investment fund, according to Chief Investment Officer, a trade publication for executive-level investment advisors.