Entertainment Mogul David Geffen Gives $150 Million to Make Yale Drama School Tuition Free
Plus, Bill Gates and Melinda French Gates gave their foundation $15 billion, and Phil and Penny Knight gave the University of Oregon $500 million.
By Maria Di Mento
Senior Editor
Lin-Manuel Miranda and His Family Award $225,000 in Grants to Groups That Serve Immigrants
Arts groups have long received support from the creator of “Hamilton” and “In the Heights,” but now he and his family are providing unrestricted aid to organizations that focus on advocacy and other aid to immigrants.
By STACY PALMER
Chief Executive Officer
Gates Foundation Announces $15 Billion Gift From Founders and Expansion of the Board
The foundation also disclosed an agreement between the two philanthropists that could lead to the departure of Melinda French Gates if the couple finds working together too difficult.
By Drew Lindsay
Senior Editor, Special Projects
Each donor committed $5 million after the University of North Carolina, facing pressure from a big donor, belatedly offered tenure to the prominent New York Times journalist appointed to a Knight-endowed professorship.
Phil and Penny Knight Pour Another $500 Million into Advanced Science Center at the U. of Oregon
Billionaire Nike co-founder Phil Knight and his wife, Penny, previously gave $500 million to the center, which seeks to speed up research to improve people’s lives.
By Maria Di Mento
Senior Editor
Patrick Gaspard Will Take the Helm of the Center for American Progress
Also, the Jewish Federation of Greater Los Angeles named a rabbi as its next CEO, and the Simons Foundation has selected an astrophysicist to succeed Marilyn Simons as president.
By M.J. Prest
Senior Editor, Solutions
Critics Worry Supreme Court Ruling on Donor Disclosure Will Make Charity Fraud Easier
The Supreme Court on Thursday voted 6 to 3 to overturn a California donor-disclosure law that critics said was a needless intrusion on donor privacy and would hurt giving.
By dan.parks and Michael Theis
Foundations and Wealthy Donors Urged to Advance Racial Justice by Giving to Grant-Making Charities
These funds have close relationships with grassroots groups, can get the money to them quickly, and sometimes give over a longer time horizon than large foundations do.
By Jim Rendon
Executive Editor
The examination of Michigan funds has given proponents of new Senate legislation to regulate donor-advised funds fresh ammunition. But not everyone agrees on what the numbers mean.
By Michael Theis
Contributor
Ford Foundation Will Spend $420 Million Over 5 Years to Advance Gender Equality
Darren Walker, Ford’s CEO, said in an interview that philanthropy tends to focus on charity instead of investing in efforts to overhaul systems that hold women back.