80 Years After a Donor Dies, Charities Get Surprise Gifts
Nearly 80 years after a Civil War veteran died, his $9.6-million estate has found its way to three Pennsylvania charities that had no idea they were the beneficiaries of his money. KidsPeace, Moravian Theological Seminary, and St. Luke’s Hospital & Health Network have each received unrestricted…
By Anne W. Howard
Contributor
A Foundation Coalition Presents Ideas to Congress
For the Council on Foundations, in Washington, Sen. Max Baucus’s desire to increase foundation giving to rural ALSO SEE:ARTICLE: Small-Town PhilanthropyARTICLE: Montana Senator Pushes Effort to Focus on ‘Inequality in Giving’ARTICLE: Rural States Possess a Small Percentage of the Nation’s…
By SUZANNE PERRY
Contributor
Rural States Possess a Small Percentage of the Nation’s Foundation Assets
The Big Sky Institute for the Advancement of Nonprofits, in Helena, Mont., has documented what it calls a “philanthropic divide” ALSO SEE: TABLE: Foundation Grants to Rural States: Where The Money Comes From ARTICLE: Small-Town Philanthropy ARTICLE: Montana Senator Pushes Effort to Focus on…
By SUZANNE PERRY
Contributor
Montana Senator Pushes Effort to Focus on ‘Inequality in Giving’
Sen. Max Baucus, Democrat of Montana, who chairs the Senate Finance Committee, has helped organize a ALSO SEE:ARTICLE: Small-Town PhilanthropyARTICLE: Rural States Possess a Small Percentage of the Nation’s Foundation AssetsARTICLE: A Foundation Coalition Presents Ideas to Congress conference next…
By SUZANNE PERRY
Contributor
Charities, grant makers, and politicians seek more support for rural causesWhen it comes to foundation assets, few states rank lower than Montana. But the sparsely populated Western state has one asset that no other state can claim — Sen. Max Baucus, ALSO SEE: TABLE: Foundation Assets: A…
By SUZANNE PERRY
Contributor
Online popularity contests drive philanthropic decisionsAn increasing number of grant makers are asking everyday citizens to vote on proposals from organizations seeking money — a process not unlike how the American Idol television show vets aspiring singers to find potential superstars.…
By Sam Kean
Contributor
Photograph by Robert Sabo/New York Daily News
By Carrie Levine
Contributor
Museum Gets $12-Million; Other New Donations
Seven institutions have received big gifts: The Crocker Art Museum, in Sacramento, has received $12-million from an anonymous donor to support its fund-raising effort, which aims to raise $100-million to expand its facilities. Arizona State University, in Tempe, has received $10-million from Julie…
Two Medical Institutions Receive Multimillion-Dollar Commitments
Two universities have announced that they received gifts of more than $100-million apiece, with much of it for medical programs: Sanford I. Weill, chairman emeritus of Citigroup, and his wife, Joan, have announced that they are providing $250-million to Cornell University’s medical school in New…
Foundation Support Stagnates for Asian-American Causes
Foundation giving to Asian-American causes has not kept pace with the rapid growth in the number of Asian-Americans in the United States, says a new report. Asian-Americans and Pacific Islanders now number 12 million, or 4.5 percent of the nation’s population — a 70-percent increase over the past…
By Caroline Preston
Contributor
Brain Research Suggests ‘Neural Reward’ for Charitable Donors
Should fund raisers tout the psychological benefits of charitable giving? A team of researchers from the University of Oregon suggests there may be a scientific basis for that argument. Using brain-imaging technology, the researchers found that giving to charity triggers the same “warm glow” that…
By Caroline Preston
Contributor
Melinda Gates Says Infusion of Money Is Accelerating Fund’s Progress
It will be “work as usual” at the Bill & Melinda Gates Foundation on June 26, one year after Warren E. Buffett promised more than $30-billion to the organization. The nose-to-the-grindstone mentality is prompted by the heavy workload the group faces, thanks ALSO SEE:ARTICLE: An Emerging…
By Ian Wilhelm
Contributor
Charity’s Colorful Style Wins Warren Buffett’s Support
In a run-down part of the Tenderloin neighborhood here, more than 400 people line up in the noonday sun to get a ALSO SEE:ARTICLE: An Emerging LegacyARTICLE: Surge of Employees at Gates Foundation Brings New ChallengesARTICLE: Buffett Siblings’ Giving Is More Ambitious in Wake of Big…
By Ian Wilhelm
Contributor
Buffett Siblings’ Giving Is More Ambitious in Wake of Big Infusion
A year ago, when Warren E. Buffett pledged a billion dollars’ worth of stock in his holding company, Berkshire ALSO SEE:ARTICLE: An Emerging LegacyARTICLE: Surge of Employees at Gates Foundation Brings New ChallengesARTICLE: Charity’s Colorful Style Wins Warren Buffett’s SupportARTICLE: Melinda…
By Ben Gose
Senior Editor
Surge of Employees at Gates Foundation Brings New Challenges
At the Bill & Melinda Gates Foundation here, staff members have adopted a new motto: “Elbows in.” The phrase was one the chief executive’s mom used when guests crowded the family dinner table, ALSO SEE:ARTICLE: An Emerging LegacyARTICLE: Buffett Siblings’ Giving Is More Ambitious in Wake of Big…
By Ian Wilhelm
Contributor