People in Philanthropy: a New Leader for T. Rowe Price Foundation
Colorado Health Foundation and SunTrust Foundation also have new leaders.
By anais.strickland
Contributor
UCLA Management School Receives $100 Million Donation
The gift from Marion Anderson, widow of the Anderson School of Management’s namesake, brings the family’s total support for the graduate business school to $142 million, reports the Los Angeles Times.
$70 Million in Gifts Kick Off Field Museum Capital Campaign
Chicago’s Field Museum of natural history announced a $250 million campaign Wednesday to buttress its collections and endowment, stabilize its finances, and make improvements for visitors, the Chicago Tribune writes.
Robin Hood Gala Side Events Aim to Bring in Next-Gen Donors
The Robin Hood Foundation benefit, the country’s biggest annual charity fundraiser, expanded this year with two satellite parties targeting younger patrons, The Wall Street Journal writes.
Dana-Farber Naming Bargains Raise Millions from Small Donors
Dana-Farber Cancer Institute has turned several spaces at its Boston complex into opportunities for $3,000 to $10,000 naming gifts, buttressing its pursuit of the big-money donations that make up most medical philanthropy, The Boston Globe writes.
Tech Investors Back Nonprofit Aiding Low-Income Students
An education nonprofit supported by an array of Silicon Valley executives and venture capitalists is connecting disadvantaged students with opportunities to attend top colleges, The Wall Street Journal writes.
New Fund Sets $15 Million Goal for Baltimore Rebuilding
Baltimore’s nonprofit economic-development agency announced an effort Wednesday to raise $15 million to help businesses damaged by last month’s riots, the Baltimore Business Journal and the Associated Press write.
Report: Azerbaijan Used Nonprofits to Fund Congressional Travel
The country’s state-owned oil company subsidized a trip for 10 members of Congress and 32 staffers to attend a conference two years ago, allegedly funneling money through two American nonprofits, according to an Office of Congressional Ethics report obtained by The Washington Post.
Big Gifts Push Robin Hood Gala Take Past $100 Million
With two $25 million donors setting the pace, Tuesday night’s Robin Hood Foundation benefit raised $101 million for anti-poverty and education programs, a new high for Wall Street’s biggest annual philanthropic event, Bloomberg writes.
Obama Library Likely to Raise Big Money and Ethics Worries
As the Barack Obama Foundation gears up to raise hundreds of millions of dollars to build the Obama presidential library in Chicago, its efforts are already being scrutinized by watchdog groups concerned about potential conflicts of interest, McClatchy and Politico report.