Gifts Roundup: $400 Million to Harvard University for Engineering School
Also included is a $23 million gift to the Higley Fund, a donor-advised fund at the Cleveland Foundation.
Harvard Draws Megagifts With Move Into Naming Rights
Long an exception to the higher-education trend of big donors’ names adorning academic departments, Harvard is attracting unprecedented donations after reversing course, writes Boston.com.
How Much Have the Estates of Giving Pledge Signers Actually Given?
As 10 more billionaire families join the Giving Pledge to devote at least half their fortunes to philanthropy, Bloomberg examines how much has gone to charity from signers who have died.
$50 Million Gift to Build Mental-Health Center in San Francisco
The University of California at San Francisco’s recently opened hospital in the city’s Mission Bay district has received the anonymous $50 million contribution, reports San Francisco Business Times.
Football-Coach Endowment Part of $35 Million Notre Dame Gift
Ten million dollars from the donation by alumnus and rea- estate investor Richard Corbett will endow the post of Corbett Family Head Football Coach, with $25 million going toward a new academic building, the South Bend Tribune writes.
People in Philanthropy: High Line Co-Founder to Run World Monuments Fund
New leader for Doctors Without Borders, plus more news about nonprofit executives in our weekly roundup.
Once-Secretive Barr Foundation Raises Profile in Boston
Long known for keeping its gifts anonymous and its grant process closely guarded, the largest family foundation in Massachusetts is taking an active public-policy role and emphasizing openness, writes The Boston Globe.
Carnival Launching New Cruise Line for Volunteer Trips
The cruise company will begin offering voyages to the Dominican Republic next year tailored for travelers more interested in service work than sightseeing, the Associated Press reports.
Crowdfunding Website Charidy Has Unique Formula for Giving-Day Success
Used primarily by Orthodox Jewish nonprofits, the platform combines the heft of major donors, the pressures of time, and an all-or-nothing funding contingency.
Gates Foundation Commits $776 Million for Work on Hunger
The six-year spending plan announced Thursday by the Bill & Melinda Gates Foundation doubles the philanthropy’s commitment on tacking hunger and will focus on improving nutrition for women and children, the Thomson Reuters Foundation reports.