Foundations Give to Md. Higher Education
The Morris and Gwendolyn Cafritz Foundation awarded a major community-college grant this week, giving $3-million to establish a new home for Montgomery College’s arts programs, reports The Washington Post. The gift will go toward the $33-million arts center, on the college’s Takoma Park/Silver…
Angelina Jolie and Brad Pitt Donate $2-Million
Actors Angelina Jolie and Brad Pitt said yesterday they will give $2-million to humanitarian organizations, The Associated Press reports. Global Action for Children and Doctors Without Borders will each receive $1-million from the couple’s Jolie-Pitt Foundation. Ms. Jolie, who is a goodwill…
George Lucas Gives $175-Million to Film School
George Lucas gives $175-million to U. of Southern California film school
Harvard Endowment Posts Big Gain
Harvard University’s endowment is getting closer to $30-billion, with a $3.3-billion gain in 2006 that brings it to $29.2-billion, reports The Chronicle of Higher Education. While investments grew at a slightly slower rate than in 2005 and 2004 (up 16.7 percent in the 2006 fiscal year), they grew…
FBI Raids Muslim Charity Properties
Agents from the Federal Bureau of Investigation searched the home of an Islamic leader in Columbia, Mo., this week, while another FBI team raided the nonprofit headquarters that used to employ the man, reports the Associated Press. An FBI spokesman did not specify the reason for the searches of the…
Executive Leaves Two $26-Million Bequests
Syracuse University and Brown University each received $26.5-million from the estate of Frederic N. Schwartz, the former chairman and chief executive of Bristol-Myers, reports the Associated Press. Mr. Schwartz graduated from Syracuse in 1931, while his wife, June, was a graduate of Brown. Mrs.…
Boston Public Schools Win Major Education Prize
The Broad Prize for Urban Education, with $500,000 in scholarships, was awarded to Boston Public Schools this week, reports The Boston Globe. The school system had been a finalist for five years for the largest education prize in the country, and with the latest award will have received $1-million…
Education, Financial Status Key to Determining Who Volunteers
Financial status and education play key roles in determining who volunteers
Federal Aid Reaches Few Black Churches, Report Says
Federal aid slow to reach black churches, report says