Gifts Roundup: A $26-Million Bequest to Hendrix College
Also included is a $17.1-million gift to the Agnon School in Beachwood, Ohio, for faculty positions and support for programs including Hebrew immersion.
By Maria Di Mento
Senior Editor
Forbes Magazine Spotlights Asian ‘Heroes of Philanthropy’
In its ninth annual philanthropy issue, Forbes Asia recognizes 40 individuals and families for news-making donations in the past year or long records of giving.
With a new CEO and last year’s Ebola crisis behind it, America’s largest grant maker is taking a more disciplined approach to health care, education, and other causes.
By Alex Daniels
Senior Editor, Foundations
Sue Desmond-Hellmann has a formidable to-do list: lead the charge in wiping out polio and malaria, prevent the spread of AIDS, reduce the number of women who die in childbirth, and slash child-mortality rates.
By Alex Daniels
Senior Editor, Foundations
Updates on 5 Key Gates Foundation Programs
The foundation’s plans for nutrition, higher education, early-childhood learning, and other efforts.
By Alex Daniels
Contributor
Wooing Wealthy Donors With an ‘IPO Road Show’
An entrepreneur debuts a business-style worldwide tour to pitch nonprofits to the newly wealthy.
By Alex Daniels
Senior Editor, Foundations
Gordon and Betty Moore Say Science and Measurable Results Should Guide Grants
The founders of the nation’s ninth largest foundation, who are in their 80s, offer a road map for carrying out their wishes. The fund has assets of about $6.4 billion.
By Alex Daniels
Senior Editor, Foundations
Foundation Investment Growth Slowed Substantially Last Year, Study Says
Returns fell to 6.1 percent in 2014 after two years of double-digit gains, and recent market gyrations raise concerns about even leaner times ahead.
By Alex Daniels
Contributor
Grants Roundup: $65.7 Million Awarded for Health Studies
Other donations include $5 million for the Boys & Girls Clubs of America to create six “centers of innovation” for children of military families.
By Eden Stiffman
Senior Editor
Salesforce Charts Its Own Course in Tech Giving for Schools
CEO Marc Benioff is taking a different philanthropic tack than other tech moguls in backing public education, TechCrunch and Business Insider write in reporting on the company’s latest, $6-million donation to the San Francisco school district.
$17-Million Donation Changes Name of Ohio Jewish School
The former Agnon School has been renamed for Cleveland philanthropists Joseph and Florence Mandel in honor of a $17 million gift from their family foundation, The Plain Dealer writes
Howard Buffett Nonprofit Invests Millions in Congo Hydropower
The philanthropist and his foundation are placing a big bet on hydroelectricity to spur development in the Democratic Republic of Congo, pledging nearly $60 million for power projects in the war-torn central African nation, Reuters writes.
Foundation Figures in Fight Over Helen Gurley Brown’s Legacy
The New York Times explores connections between the Pussycat Foundation and controversies over control of the late Cosmopolitan publisher’s legacy and her valuable Manhattan apartment.
Fidelity Chief Keeps a Low Profile While Making Arts Impact
Fidelity Investments Chairman Ned Johnson has built one of New England’s largest art collections and become a quietly influential figure in the regional culture scene through loans and gifts to museums, The Boston Globe writes.
Obesity Charity Led by Disgraced ‘Subway Guy’ Made No Grants
Former Subway pitchman Jared Fogle’s anti-obesity nonprofit, which announced plans in 2008 to allocate $2 million a year to schools and community groups to promote healthy lifestyles, has not issued any grants, USA Today reports.
Philadelphia Foundation Looks to Retool Under New Leader
With a new president in place and several years of stagnant fundraising behind it, one of the country’s oldest community foundations is rethinking its strategy and mission, with a close eye on what other big-city grant makers are doing, writes The Philadelphia Inquirer.