Buffett Continues Thanksgiving Tradition With $1.2 Billion to His Kids’ Foundations
By pouring huge sums into his family’s foundations, Warren Buffett shows trust in his three children to give away his $151 billion fortune.
MacKenzie Scott Gives $65 Million to National Community Development Group
Plus, the University of Rhode Island landed a $65 million bequest for STEM scholarships, and Craigslist founder Craig Newmark gave $25 million to help U.S. veterans and their families.
Bill Conway’s $1 Billion Plan to End the Nursing Shortage
The co-founder of the Carlyle Group is using big education gifts to shore up the nursing profession.
Hampden-Sydney College Lands $30 Million From Former Education Secretary
Plus, two Boise, Idaho, nonprofits land $25 million apiece, and the School of American Ballet receives $3 million from a longtime donor and her husband.
Mega Philanthropist and Home Depot Co-Founder Bernie Marcus Has Died
The Atlanta billionaire gave $2 billion to a range of causes and threw his support behind many Atlanta nonprofits during his lifetime.
Pancreatic Cancer Care and Research Gets Big Boost From $50 Million Gift
Plus, immigrants donated big last week: The Clark Art Institute, MIT, and a historical society all received eight-figure gifts from wealthy donors who immigrated to the U.S. and built their fortunes here.
Generosity Commission Report and Op-Ed Ask the Wrong Questions Entirely
Foundations — not everyday Americans — should be on the hook for providing the support nonprofits need.
Washington and Lee U. Goes Need-Blind Thanks to $132 Million Gift
Plus, Rochester businessman Phil Saunders gave the University of Rochester Medical Center $30 million to support orthopedics, nursing, and medical school faculty.
Are Fundraisers to Blame for the Giving Crisis?
The fundraising powerbrokers at the Generosity Commission overlook their own role in alienating everyday donors.
Country Music Doyenne Dolly Parton Gives $1 Million for Hurricane Relief
Plus, Cornell University landed $20 million to boost mental health services for students, and the Cincinnati Symphony Orchestra received $10 million to attract new audiences.
Northern Illinois University Lands $40 Million From Bausterts
Plus, a military history museum lands $30 million and a collection of historic aircraft, Mayo Clinic receives $25 million, and MacKenzie Scott gives Nonprofit Finance Fund a second 8-figure gift.
Who Needs a Foundation? For Melinda French Gates, a $250 Million Contest Keeps Her Philanthropy Lean
The grants will range from $1 million to $5 million and are meant to support small organizations focused on women’s mental and physical health. Lever for Change will manage the competition.
Young Donors Want Opportunities to Volunteer and Collaborate
New studies from Foundation Source and Bank of America show millennial and Gen Z donors want to make a big charitable impact by doing more than just give money.
DAFs and other new giving vehicles promise anonymity for the busy and the privacy-minded. That’s introducing new tensions to the nonprofit-donor relationship.
Children’s Health and UT Southwestern Land $100 Million for New Pediatric Medical Center
Plus, University of Chicago’s Booth School received $60 million from two alumni hedge funders; and Beth Israel, Houston Christian University, and University of California at Irvine lands $20 million apiece for new buildings and capital projects.
Fundraisers Need to Speak Up About Their Challenges — and Funders Need to Listen
Addressing drops in giving starts by giving fundraisers enough support to excel in their jobs.