Top 10 Donations of 2022 Totaled $9.3 Billion
Much of the money went to private foundations or to universities, but some went to cancer research and treatment, housing, youth programs, and reproductive health.
MacKenzie Scott Giving Priorities Revealed in New Data: Education, Equity, and the South
An unusually large share of her giving is going to nonprofits in the South — a region that megaphilanthropy and particularly tech donors have long been criticized for ignoring. Plus: Scott’s giving across 53 issues
New MacKenzie Scott Website Details $14 Billion in Gifts
Scott plans an “open-call” process so charities can send her information for evaluation. She will also post criteria for eligibility and name the panel evaluating applications.
FedEx Founder Gives $65 Million to Marine Corps Scholarship Foundation
Plus, four universities and the Jewish Federation of Palm Beach County landed big gifts.
Late Financier Karin Larson Leaves $32.5 Million for Continuing Studies Program
Plus, Hunt Companies chairman Woody Hunt gives $25 million for the study of trade and commerce between the United States and Mexico.
Billionaire Leonard Lauder Gives $52 Million for Nurse-Practitioner Program
Plus, McKenzie Scott gave $15 million to support Lutheran Immigration and Refugee Service, and three universities and the MD Anderson Cancer Center all landed big gifts.
The Nursing Shortage Isn’t Only About Burnout
A dearth of nursing education faculty is preventing more people from entering the field — an issue that needs greater attention from donors, say a college dean and a foundation president.
Charities favored by cryptophilanthropists are assessing the fallout from a scandal that reinforces skepticism about marrying the alternative currency and charitable giving.
Worry that the gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle the money were largely unfounded. Plus: MacKenzie Scott’s Giving Total Is Now Over $13 Billion
Jeff Bezos Says He Will Give Away Most of His Fortune
The Amazon founder whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, didn’t specify how — or to whom — he will give away the money but said he and his girlfriend, Lauren Sanchez, were building the “capacity” to do it.
Retired Blackstone Partner and Wife Give $25 Million for Early-Childhood Health
Plus, a former vice chairman of the Federal Reserve supports a D.C. neighborhood museum. Also, two universities, the National Gallery of Art, and a health-care system in Utah all land big gifts.
The lawsuit cites an 1878 agreement with the state of California to create and fund the law school, which promised Hastings’ heirs $100,000, plus interest, should the school ever “cease to exist.”
Many Colleges Had a Banner Fundraising Year Thanks to In-Person Events, Honing In on Donor Passions
Colleges and universities benefited from a strong stock market at the beginning of the 2022 fiscal year as fundraisers asked donors for ‘big gifts that really move the needle.’
Plus, Salvation Army of San Diego landed $35 million to expand programs serving people struggling with homelessness, and five other donors gave big gifts to support democracy programs, climate resilience, and medical care.
Anonymous Donor Pledges $500 Million Matching Gift to Small Kansas College
The donor will contribute $2 for every dollar given or pledged to McPherson College by other people through June 30.
Former Northeastern U. Student Who Dropped Out Gives $25 Million for New Professorships
Plus, the News Literacy Project landed $10 million from Los Angeles philanthropists Melanie and Richard Lundquist to combat misinformation.