Marcus Fund Gives Ga. Hospital $75 Million for Heart Care
The Marcus Foundation donation will establish a cardiac-care facility at Piedmont Healthcare’s Atlanta campus, writes Neighbor Newspapers.
37-Year-Old Rises Fast to Lead Fundraising at His Alma Mater
For 20 years, Nick Langridge has been an overachiever at James Madison University. Now he’s raising big dollars for it.
By Timothy Sandoval
Contributor
6 Steps to Building a Program for Midlevel Donors
People who give $1,000 to $10,000 represent only 1 percent of donors at many charities, but they often give more than a third of the money raised. Here’s how to attract them to your nonprofit.
By Maria Di Mento
Senior Editor
Opinion: ‘Big Bets’ by Donors Can Propel Social Movements
History shows that “big bet” donations of $10 million or more play a key role in the progress of mass movements on social issues, a nonprofit adviser writes in a Forbes blog post.
Gifts Roundup: $37 Million to UC-Davis for Eye Care and Research
Other big donations include $35 million to the University of Chicago to expand its urbanization research and policy programs.
By Maria Di Mento
Senior Editor
Opinion: A Big Donor’s Legacy May Look Different to Future Generations
Today’s nine-figure gifts to universities and other institutions — and the names attached to the resulting buildings and scholarship programs to honor billionaire donors — might become tomorrow’s ideological or economic flashpoints, a Wall Street Journal essayist suggests.
Big Gifts for UC-Davis Health and Rochester Business School
A real-estate investor whose glaucoma was successfully treated at the University of California at Davis has donated $38.5 million to the university for eye research and treatment, reports The Sacramento Bee, and an anonymous alumnus pledged to leave $20 million to the University of Rochester’s Simon Business School, the Rochester Democrat & Chronicle writes.
Research Offers Clues to Tapping 9 Kinds of Generosity
Charities need to think more broadly about where their support comes from and how they can make better use of it, says a co-author of a new book on who gives and why.
By Timothy Sandoval
Contributor
Alumni Donate $35 Million for U. of Chicago Urban Studies
The gift from Joe Mansueto, the CEO of investment-research firm Morningstar, and his wife, Rika, both graduates of the university, will launch a think tank for research into urban issues, reports the Chicago Tribune.
How Billionaire Donor Rubenstein Has Fought to Save Tax Loophole
Financier David Rubenstein has benefitted from — and fought against closing — what’s known as the carried-interest tax loophole, which critics say perpetuates economic inequality, according to The New Yorker and ProPublica.
Zuckerberg Says New Education Efforts Will Build On Lessons From the Past
Facebook co-founder Mark Zuckerberg tells Education Week that the next phase of his education philanthropy, supported by the Chan Zuckerberg Initiative, will focus on schools in San Francisco’s Bay Area and new approaches to personalized learning around the country.
Facebook Is Battleground in Family Feud Over Late Whitney Museum Trustee’s Will
Melva Bucksbaum’s children and widower, also a Whitney trustee, are waging a public battle over her $100 million estate, Vanity Fair reports.
Museums Increasingly Turn to Art Galleries to Support Exhibitions
Art galleries are feeling pressured by nonprofit museums to provide financial support for exhibits that feature artists the galleries represent, according to The New York Times.
Gifts Roundup: $20 Million to Colorado State U. From a Racehorse Breeder
Other recent gifts include $15 million to San Jose State U. for student aid and programs and $1 million to the U. of Virginia for its baseball program.
By Maria Di Mento
Senior Editor
Google.org Commits $1.5 Million to Combat Zika Virus
The gift is one of a small but growing list of commitments from grant makers to curb the virus’s spread. Last month philanthropist and Microsoft co-founder Paul Allen donated $2 million.
By Eden Stiffman
Senior Editor
Chicago Media Mogul Donates Sun-Times Stake to Charity
Michael Ferro, who earlier month became the largest shareholder in the company that owns the Chicago Tribune, has given his ownership stake in the rival Chicago Sun-Times to an as-yet-unidentified charitable trust, the Sun-Times and Crain’s Chicago Business report.