Capital Campaigns Increasingly Common, and They Work, Study Says
About 46 percent of nonprofits were in either a capital or a special campaign during the first six months of last year, up from 12 percent during the same period of 2011, according to a survey.
By HEATHER JOSLYN
Contributor
$40 Million Donated to the Museum of Modern Art and Other New Big Gifts
Bill O’Reilly, the Fox News host, gave his alma mater, Marist College, $1 million for scholarships to be named after one of his professors, and the Pittsburgh Foundation received a $15 million advised fund.
By Maria Di Mento
Senior Editor
Multimillion-Dollar Gifts Were Sluggish in 2015
The largest gift of the year was a $605 million bequest to San Antonio charities from a low-profile businessman, but 2015 may still go down in the philanthropy record books because of a $45 billion promise from Facebook’s co-founder.
By Maria Di Mento
Senior Editor
Saudi Prince Gives $108 Million to House Egyptian Families
The donation from Prince al-Waleed bin Talal’s charitable organization will cover more than 40 percent of the estimated cost of a project to build 10,000 homes for needy families across Egypt, according to the Saudi Gazette and ArabianBusiness.com.
Finance Mogul’s $40 Million Gift Renames Modern Art Museum’s East Wing
Hedge-fund billionaire Kenneth C. Griffin’s name will grace the Philip Johnson-designed 1964 addition to the Museum of Modern Art, reports The New York Times.
Reader’s Choice: This Year’s Top Resources
Topping the list are articles to help you measure results, seek grants, and appeal to millennials.
Reader Favorites in 2015: Year in Review
What caught the attention of Chronicle subscribers last year? Stories about new developments in fundraising were hot, as were reports on the science of giving, and pay and hiring.
Learning From Mistakes Crucial in Spend-Down of Facebook Fortune, Chan Says
The young philanthropist said in an email interview with The Chronicle that she and her husband, Mark Zuckerberg, will measure progress over decades to achieve desired results.
By Megan O’Neil
Contributor
Wine Retailer Gives ACLU $15 Million for Justice Reform
The American Civil Liberties Union has received $15 million from David Trone, co-founder of the Total Wine store chain, and his wife, June, to expand its efforts to cut prison populations and improve job opportunities for ex-convicts, The Washington Post writes.
Drug Executive’s Arrest Casts Shadow on Gift to School
Martin Shkreli’s arrest last week on securities-fraud charges rekindled debate at a prestigious Manhattan prep school over whether to keep a $1 million donation from the former pharmaceuticals executive, writes The New York Times.
Florida State U. Gets $100 Million for Entrepreneurship School
The university will use the 20-year gift from South Florida-based Jim Moran Foundation to establish a school of entrepreneurship, the Miami Herald reports.
Gifts Roundup: Cinema Owner Leaves $605 Million to San Antonio Citizens
Other recent gifts include $25 million for the University of Miami Health System, $17.5 million to Massachusetts General Hospital, and $16 million to Virginia Commonwealth University.
By Maria Di Mento
Senior Editor
Michael Jordan Names 23 Charities to Benefit From Court Settlements
Among the groups chosen by the former Chicago Bulls basketball star are After School Matters, an arts and education program founded by former Chicago First Lady Maggie Daley, and the Greater Chicago Food Depository, according to The Chicago Tribune and The Chicago Sun-Times.
Tex. Cinema Magnate’s Foundation Bequest Tops $600 Million
The donation by the late movie-theater mogul John L. Santikos’s estate to the San Antonio Area Foundation more than triples the charitable assets managed by the organization, the San Antonio Express-News reports.
Gifts Roundup: U. of Iowa Gets $25 Million; Kirk Douglas Gives $15 Million
The actor’s donation will go to a senior-care facility. Other notable gifts include $10 million to UCLA from the “Blue Bloods” executive director Leonard Goldberg.
Time for the Public to Weigh Good and Bad of the Zuckerberg-Chan Gift
After all the experts have weighed in, it’s up to the public to demand greater transparency about the big questions raised by last week’s $45 billion commitment.
By BENJAMIN SOSKIS
Contributor