Getting Comfortable Working With Ultrawealthy Donors
Fundraisers offer pointers on building relationships with high-net-worth individuals.
By Maria Di Mento
Senior Editor
Safra Fund Gives $30 Million for Brain Center at Hebrew U.
The grant from the Edmond J. Safra Philanthropic Foundation brings to $50 million its giving for a center for brain research at the Hebrew University of Jerusalem, reports Jspace News.
Grants Roundup: Jacobs Foundation Commits $52 Million to Education and to Women in Ivory Coast
Other awards include $14 million to help adults who suffer fall-related injuries and $130,000 to study a nonsurgical contraceptive vaccine for feral cats.
By Eden Stiffman
Senior Editor
$150 Million Schwarzman Gift to Create Culture Hub at Yale
The donation from private-equity billionaire and 1969 Yale alumnus Stephen A. Schwarzman will be used to combine two existing campus buildings into a new center for student life and cultural programming, reports the New Haven Register.
Billionaire’s Giveaway Is at $700 Million and Counting
West Coast fund manager and “bond king” Bill Gross, who pledged in 2013 that he and his wife would give away their entire $2 billion fortune, details his giving to date in an interview with Bloomberg.
U. of Arkansas Campus Gets $20 Million for Arts Building
The grant from the Windgate Charitable Foundation, announced Monday by the University of Arkansas at Little Rock, will support a new campus center for visual-arts education, the Arkansas Democrat-Gazette and Arkansas Business write.
Gifts Roundup: $25 Million for Social Entrepreneurship Center
Other recent donations include $10 million to renovate the Cincinnati Symphony and Pops Orchestra concert hall, and $10 million to Martha’s Table in Washington, D.C.
By Maria Di Mento
Senior Editor
Santa Clara U. Gets $25 Million to Boost Start-Up Companies With Social Goals
The gift from Silicon Valley couple Jeff and Karen Miller supports a Santa Clara University program that assists start-up businesses pursuing social goals such as clean water, energy efficiency, and landmine clearance, reports the San Jose Mercury News.
Donna Shalala Ready for ‘Messy’ Job Leading Clinton Foundation
After raising $3 billion and navigating an NCAA investigation as president of the University of Miami, she moves to new kinds of challenges next month.
By Megan O’Neil
Contributor
David Rubenstein Adds $10 Million to Monticello Donation
The billionaire financier and history buff has now given $20 million for reconstruction work at Thomas Jefferson’s Virginia home, adding to Mr. Rubinstein’s legacy of philanthropic support for national historic landmarks, The Washington Post writes.
Work Weekends? This Committed Donor Wants to Know
Carrie Morgridge, whose fortune comes from Cisco wealth, steers her money to groups led by people who are so committed they respond to her questions in an hour, even on Saturdays and Sundays.
By Maria Di Mento
Senior Editor
Questions of Donor Loyalty and Transparency Dog Clinton Foundation
As more questions arise about the Clinton Foundation’s spending and influence, some of its major donors are having second thoughts about their future support, Politico reports. An article in The New York Times casts doubt on the foundation’s claims that an affiliated Canadian charity was created to confer a tax benefit, not to protect donor identities.
Philanthropist David Rubenstein gives $5 Million to Refurbish Iwo Jima Statue
The gift to refurbish the U.S. Marine Corps War Memorial continues Mr. Rubenstein’s trend of “patriotic philanthropy," The Washington Post reports. The gift was made in honor of his late father, who was a veteran.
D.C. Jewish School and N.C. State U. Announce Big Gifts
Washington’s Jewish Primary Day School has received $20 million to add a middle school to its existing elementary classes, reports The Washington Post, and North Carolina State University announced a $16-million gift Monday to its College of Veterinary Medicine, the Raleigh News & Observer writes.
Budgeting for a Billion-Dollar Capital Campaign at the University of Rochester
Jim Thompson, a senior fundraiser in higher education, explains the process he used to create a decade-long campaign plan for radical growth in contributed income.
By Holly Hall
Contributor
Art Institute of Chicago Receives $400 Million Contemporary-Art Donation
The museum says the gift of 42 works, including nine Warhols, from Chicago philanthropists Stefan Edlis and Gael Neeson, the largest in its history. The Chicago Tribune reports.