Melinda Gates Plays Big Role in Foundation
While Melinda Gates enjoys a lower profile than her husband, the Microsoft founder Bill Gates, her influence on the foundation that bears their names has been comparable, reports The New York Times. Ms. Gates is both comfortable with the personal side of foundation work—interacting easily with…
$60-Million Gift to Calif. Children’s Hospital
The California businessman Ernest Rady has committed $60-million to the Children’s Hospital and Health Center, in Kearny Mesa, Calif., reports The San Diego Union-Tribune. The donation from the 69-year-old Mr. Rady will enable the hospital to build a new pavilion. It is his second big gift in…
Couple Gives $10-Million for Stem-Cell Research
Couple donates $10-million for stem-cell research
New York State Health Foundation Starts Operations
After a four-year delay, state courts have given the green light to the New York State Health Foundation to begin making grants to poor people who lack health insurance, reports The New York Times. The state Legislature and Gov. George E. Pataki created the foundation in 2002, but the move was…
MySpace.com Seeks to Spur Volunteering
MySpace.com, a social-network Web site with 90 million members online, and Seventeen magazine are co-sponsoring a contest to promote social activism among teenagers, reports The Washington Post. The contest, which begins today, asks MySpace members to submit 15- to 30-second video clips that…
Home-Buyer Assistance Pioneer’s Tactics Questioned
Much of the scrutiny surrounding home-buyer assistance programs can be attributed to investigations into questionable practices among the people who pioneered the approach, reports The Wall Street Journal. Don Harris, a Baptist minister who developed the approach of creating charities to provide…
Buffett Gift May Influence Giving by the Wealthy
Warren Buffett’s investing style has attracted a large following among amateur investors, and some philanthropy consultants are predicting that his decision to give away most of his fortune will influence other donors to follow his approach, reports The Wall Street Journal. Some consultants say his…
Gates Foundation Adding Staff to Handle Influx of Money
Gates Foundation adding staff members to handle its broadened focus