The Residents’ Journal, a nonprofit newspaper that covers Chicago’s public-housing system, is facing financial and program challenges as the city demolishes its low-cost housing, reports The Wall Street Journal. The city plans to destroy 50 high-rise public-housing buildings, dispersing the…
The philanthropist Morris (Marty) Silverman, who established the Albany Medical Center Prize in Medicine and Biomedical Research, died last week, reports the Associated Press. He was 93. In 2000 Mr. Silverman pledged $50-million to create the medical program to provide annual awards of $500,000 to…
Red Cross may start fund-raising campaign to improve its disaster-response capabilities
$600-MILLION PLEDGED TO FIGHT TB
Gates Foundation to provide $600-million in new funds to fight tuberculosis
The University of Chicago announced on Wednesday that it had received a $42-million pledge to help expand its children’s hospital, reports the Chicago Tribune. The donation made by Gary Comer, founder of Lands’ End, and his wife, Frances, will create a four-story building that will serve children…
The Irish rock musician, Bono, announced a new program in partnership with several companies to sell products under the brand name Red and donate some of the proceeds to help fight HIV and AIDS in Africa, reports the Associated Press. A portion of the revenue generated from the Red products will go…
Richard W. Couper, president emeritus of the Woodrow Wilson National Fellowship Foundation, an educational philanthropy in Princeton, N.J., died on Wednesday, reports The New York Times. He was 83. Mr. Couper was also the first full-time president of the New York Public Library.
Two Florida charities accused of misusing funds have agreed to pay $350,000 in restitution, reports the Sun-Sentinel. The Global Mindlink Foundation and Select International Donors, which were both led by president Denise Battista, allegedly spent the majority of the $2.2-million raised between…