Former Supreme Court Justice Joins Rockefeller
Retired Supreme Court Justice Sandra Day O’Connor will join the board of the Rockefeller Foundation, in New York, this summer, reports The New York Times. In a statement, she said Rockefeller was “constructively involved in providing creative and insightful aid to vulnerable groups around the…
Baltimore Institute Set To Raise $20-Million
The Open Society Institute-Baltimore, an organization started by philanthropist George Soros, announced last week that it expects to be able to raise the money needed to keep its doors open, reports The Baltimore Sun. Last year, Mr. Soros said he would no longer support the organization, but would…
Denver Fund To Almost Double Its Giving
Prompted in part by criticism from local nonprofit groups, the Colorado Health Foundation, in Denver, plans to give away $25-million this year, compared to $12.9-million in 2005, reports the Denver Business Journal. Several charities in the area have complained that the foundation, formerly known…
New Zealander To Give Away $40.5-Million
Gareth Morgan, a New Zealand economist and newspaper columnist, said he will donate to charity the $40.5-million he recently earned from the sale of his son’s Internet business, reports The Sydney Morning Herald, in Australia. Mr. Morgan said his philanthropy was inspired by his travels around the…
Mexican Billionaire Pledges $2.5-Billion to Charities
Mexican billionaire pledges $2.5-billion to charity
Leader of 9/11 Charity Is Fired Amid Fraud Charges
Founder of 9/11 charity is fired amid fraud charges
$6-Million Gift Restores Diabetes Center
The Beth Israel Medical Center, a diabetes clinic in Manhattan, will get a second chance thanks to a $6-million donation from the Gerald J. and Dorothy R. Friedman New York Foundation for Medical Research, reports The New York Times. The center opened in 1999 but closed a year later because it did…
$2.5-Billlion Committed to Clinton’s Global Project
President Clinton says that at least $2.5-billion has been committed to help the poor around the world through his Clinton Global Initiative, The New York Times reports. Mr. Clinton estimates that many of the projects would have happened anyway, but that at least half were stimulated by a…
Controversy Erupts Over a Big University Gift
The $200-million gift that New York University announced last week is prompting debate among archaeologists who say the university is tacitly approving the practice of looting antiquities by accepting the money, reports The New York Times. One faculty member has resigned in protest, but New York…