Ford Foundation Pledges $10-Million More for Detroit
The largest private financial backer of Detroit’s “grand bargain” rescue fund has committed an additional $10-million in grants to the city for this year, writes The Detroit News.
Los Angeles Couple Gives $5-Million for Nonprofit-Management Education
Marcie and Howard Zelikow want to make sure rabbis, cantors, and others learn how to run organizations well.
By Eden Stiffman
Senior Editor
Big Donors Power $450-Million Makeover for Houston Museum
The Museum of Fine Arts, Houston, announced gifts of $70-million and $50-million as it unveiled a redesign that will transform the institution into one of the country’s largest art campuses, the Houston Chronicle and The Wall Street Journal report.
Ariz., Mich., and Iowa Universities Get $20-Million Gifts
The University of Arizona School of Music will be named for prominent horn player and educator Fred Fox following a $20-million gift from the 100-year-old musician’s son and daughter-in-law, writes the Arizona Daily Star.
N.Y. Festival Nonprofit Beefs Up Giving
The organization that runs the Feast of San Gennaro in New York’s Little Italy announced Wednesday that it gave $149,500 to charity last year, a hefty boost from recent years when little or no proceeds from the popular street festival were donated, writes the New York Daily News.
2 N.Y. Museums Battle for Modern Art and Younger Trustees
New York’s Metropolitan Museum of Art and Museum of Modern Art, both with major expansions in the works, are in a high-stakes competition to acquire contemporary masterpieces and infuse their boards with new blood, according to Vanity Fair.
Biggest Gifts of Year Topped by New $1-Billion Foundation
Ralph Wilson Jr., the late owner of the Buffalo Bills, left a major bequest to his fund in a year when multibillionaires continued to make huge gifts, including many to advance science and one to aid New York parks.
By Maria Di Mento
Senior Editor
10 Trade-Offs Donors Face That Make Philanthropy Tough but Rewarding
Should gifts be based on a philanthropist’s passions or society’s needs? Those are among the questions to confront.
By Melissa A. Berman
Contributor
U. of N.C. Pharmacy School Gets $100-Million for Innovation Institute
Fred Eshelman, founder of a pharmaceutical company, had previously given $38-million.
By Maria Di Mento
Senior Editor
Estate of Music Publisher Gives $13-Million to SOS Children’s Villages–USA
Harry and Carol Goodman’s will also provided partial stock ownership in companies that own songs like “I Saw Mommy Kissing Santa Claus.”
By BRENNEN JENSEN
Contributor
The Detroit Deal Is a Model for How Foundations Can Solve Dire Problems
The deal demonstrates what happens when grant makers offer incentives that get every key player to make a financial sacrifice.
By Vijay Padmanabhan
Contributor
Renaming Avery Fisher Hall Raises the Question of Authenticity
Avery Fisher’s dedication to music infused every aspect of his life. Naming the hall after him symbolized philanthropy that connected one person to a genuine passion.
By AMY SCHILLER
Contributor
Former Univision Chief Pledges Art Worth $500-Million
A. Jerrold Perenchio promised to bequeath his collection to the Los Angeles County Museum of Art.
By Caroline Bermudez
Contributor
Nonprofits Find New Donors With Databases That Track Connections
New technology is formalizing and making easier the process of uncovering hidden connections between the charity’s network and prospective donors.
By NICOLE WALLACE
Features Editor
Tips on Choosing a Relationship-Mapping Database
Three things to watch for when choosing software to help you find connections to potential donors.
How to Get Started in Mapping Donor Ties
Start with the people you know, identify who cares most about your community or cause, and other advice for mapping relationships to potential donors.