Stanford Trustee Donates $57-Million for Engineering Center
Stanford University will name a new campus engineering hub for tech billionaire and school trustee Kavitark Shriram and his wife, Vidjealatchoumy Shriram, in recognition of their gift to support the project, the institution announced Wednesday.
New Flap Emerges From Chinese Billionaire’s Charity Lunch
Chen Guangbiao claims a New York charity gave him a fake United Nations certificate of honor at his ill-starred Manhattan luncheon for homeless people last month, the South China Morning Post and Bloomberg View write.
‘Charity’ Donation Bins Proliferating on New York Sidewalks
A growing number of private companies are illegally placing putatively charitable used-clothing bins on sidewalks in New York City, mirroring a national trend that is raising concerns among nonprofits that legitimately collect secondhand items, according to The New York Times.
New Appraisal Values Detroit’s Art at Up to $4.6-Billion
A new expert evaluation of the holdings at the Detroit Institute of Arts, commissioned by the museum and city ahead of a federal bankruptcy trial next month, estimates the collection’s worth at $2.7-billion to $4.6-billion, reports The New York Times.
5 Nonprofits Chosen to Test Mission Uses for Google Glass
Google.org, the Internet giant’s nonprofit arm, announced the winners Wednesday of its grant competition to try out charitable uses of the wearable computer Google Glass, USA Today reports.
L.A. Withholds $4-Million Payment for Union-Tied Nonprofits
The city’s controller said Wednesday that he will not release nearly $4-million Los Angeles owes two nonprofits affiliated with the union representing water and power workers, with which officials have been feuding over past spending by the groups, writes the Los Angeles Times.
Chelsea Clinton Hits Speech Circuit and Gives Fees to Foundation
Following in her parents’ footsteps, the former first daughter has become an in-demand speaker at charity and business events, commanding as much as $75,000 per appearance, money a spokesman said goes to the family’s philanthropy, writes The New York Times.
Leader of Ms. Foundation Hopes to Expand Feminism Beyond White Women
Teresa Younger, a veteran of campaigns for women’s rights, plans to focus on greater inclusion in meeting the group’s mission.
By Caroline Bermudez
Contributor
For Some Thiel Fellows, Drop-Out Grant More Like Sabbatical
Many of the teenage entrepreneurs given $100,000 by maverick philanthropist Peter Thiel to drop out of college and pursue business ideas plan to return to higher education after their fellowships are finished, according to technology-news site TechCrunch.
N.Y. Man Accused of $1-Million Theft From Disability Camp
A Long Island financial planner pleaded not guilty Tuesday after being indicted on larceny charges in connection with an alleged theft from a charity serving special-needs people, Newsday reports.