Elon Musk’s $5.7 Billion Donation Sparks Questions About Giving
The Tesla CEO has been quiet about the reported 5 million shares of company stock that he gave to charity, prompting critics to complain about the lack of transparency and to speculate about where exactly the money has gone.
Giving to Community Colleges and HBCUs Soared Last Year
Philanthropists MacKenzie Scott and Michael Bloomberg were big players in the flow of cash to institutions that typically don’t raise a lot of money, according to an annual survey by the Voluntary Support of Education program at the Council for Advancement and Support of Education.
By dan.parks
Contributor
Donors like to see their names on new building additions, and some find ways to promote diversity while doing so, but there are more direct ways to make staffs and collections more inclusive, a Georgetown scholar argues.
U. of California at Irvine Receives Nearly $60 Million Bequest for Depression Research
Plus, two other universities, the Boys & Girls Clubs of America, and a health system for children all landed big gifts.
By Maria Di Mento
Senior Editor
How a Truckdriver-Turned Harvard MBA Came to Give $101 Million for Nursing Education in Mont.
Mark and Robyn Jones believe their donation to Montana State University will have a bigger impact than if they had made a similar gift to Harvard Business School, where Mark earned an MBA.
By Ben Gose
Senior Editor
MacKenzie Scott Gives $133.5 Million to Communities in Schools to Aid Underserved Students
Plus, Memorial Sloan Kettering, three universities, a private school in Palm Beach, and a medical center in Bellingham, Wash., landed major gifts.
By Maria Di Mento
Senior Editor
How Nonprofit Leaders and Donors Should Handle a Falling Out
A conflict with a donor needn’t spell the end, says philanthropist Isa Catto, so long as both sides listen and remain respectful. Here are seven ways to proceed with caution and care when disagreements occur.
By Isa Catto
Contributor
Advice for Fundraisers Caught in the Middle of Political Battles
The intensity of the nation’s battles over political and social issues seeps into the everyday work of advancement offices. Here, more than a dozen fundraisers, nonprofit leaders, and consultants offer advice about how to navigate these times.
By Drew Lindsay
Senior Editor, Special Projects
Druckenmillers Give $100 Million to Memorial Sloan Kettering
Plus, the Music School of Delaware lands $10 million, and several universities receive large sums for scholarships, agriculture, and nursing.
By Maria Di Mento
Senior Editor
Giving Rates Were Up But Volunteering Declined Last Year, Gallup Poll Says
Eighty-one percent of Americans say they donated money to charity in 2021, up from 73 percent a year earlier, according to a new Gallup poll. The share of people who gave money in 2021 rose across all income groups.
By dan.parks
Contributor
Rodger and Paula Riney Give Dana-Farber $40 Million
Plus, the ACLU, Brandeis, and UC San Diego’s Shiley Eye Institute all receive large gifts.
By Maria Di Mento
Senior Editor
As 2022 Dawns, Economy Bodes Well for Giving
The stock market’s strength and growth in GDP mean that even with the Covid concerns upending the globe again, philanthropy is likely to grow. Inflation and decreasing confidence among the wealthiest are worrisome, however.
By Michael Theis
Contributor
Cedars-Sinai Medical Center Lands $100 Million From Vera Guerin
Plus, the Juilliard School, Mercy Ships, and four universities received big gifts at the end of the year.
By Maria Di Mento
Senior Editor
Bill Gates and Melinda French Gates’s $15 Billion Pledge Tops the List for 2021
See the rest of the top 10, including George Soros and Jeff Bezos.
By Maria Di Mento
Senior Editor
Nonprofits That Benefited From Michael Steinhardt’s Dirty Money Need to Own Up to Their Complicity
The Manhattan District Attorney’s finding that the philanthropist illegally purchased cultural artifacts offers a stark reminder to nonprofits about the importance of demanding greater accountability and transparency from donors.
By Lila Corwin Berman
Contributor
U. of Wisconsin at Eau Claire Receives $60 Million for New Event Center
Plus, four other universities received big gifts.
By Maria Di Mento
Senior Editor