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Stock Market Gains Could Help Charities

The soaring stock market could help charities

Foundation Pledges $50-Million for Education

Foundation commits $50-million to pair technology and teaching

Bloomberg Gave to Nearly 1,000 Groups in 2005

New York Mayor Michael R. Bloomberg, whose estimated wealth is 5.3-billion, gave away nearly $144-million in 2005 to some 987 organizations, reports The New York Times. Mr. Bloomberg’s giving has increased steadily in recent years in size and scope, but the average contribution to each charity he…

Charity Thrift Stores Getting More Business as Economy Struggles

Thrift stores and other operations that help those in need are doing well in and around Detroit lately, largely because of the state’s struggling economy, reports The Detroit News. While old standards like the Salvation Army and the Society of St. Vincent de Paul are expanding throughout the…

Actor Works to Bring Clean Water to Africa

A trip to film a documentary in one of the driest places on earth inspired the actor Matt Damon to help start a charity to support clean water programs on the African continent, reports The Associated Press. Mr. Damon and the production team working on Running the Sahara, a documentary that follows…

Philadelphia Museum to Be Built Entirely Underground

The Philadelphia Museum of Art will announce today that the architect Frank Gehry’s project for the institution will be built completely underground, reports The New York Times. Mr. Gehry, famed for his innovative designs, will also renovate the existing museum building as part of a 10-year,…

$370-Million Gift Establishes Wachovia Endowment

$370-million gift establishes Wachovia endowment

Latin American Philanthropy Lags

As humanitarian groups have shifted aid to other parts of the world, Latin American philanthropists have not made up for the dearth of charity dollars, reports the Associated Press. Latin America does not lack wealth, the article says, but a culture of giving has not developed among corporations…

15 Murdered Aid Workers Exhumed

The bodies of 15 aid workers have been exhumed in an ongoing investigation into the mass murder of farm and water-sanitation experts in northeast Sri Lanka, reports The Australian. Seventeen volunteers—13 men and four women—with the Paris organization Action Against Hunger were gunned down on…

Former Bush Official Blasts ‘Faith’ Program

Former Bush official blasts ‘faith’ program in new book