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.
By Maria Di Mento
Senior Reporter
Bill Clinton Explains Why Philanthropy Fills His Post-Presidential Life in New Book
The former president discusses the Clinton Global Initiative, his efforts to raise money after disasters like Hurricane Katrina, and the need for continued aid to Haiti.
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.
By Maria Di Mento
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
Why Billionaire Philanthropy Might Not Be as Generous as You Think
When donated wealth comes from big business, labor practices, impact on communities and environment, and tax practices may come under scrutiny.
By Tobias Jung
Contributor
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.
By Maria Di Mento
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
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.
By Alex Daniels
Senior Reporter
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.
By Maria Di Mento
Senior Reporter
MacArthur, the San Francisco DA, and the Pitfalls of Funding Government Programs
A disagreement about how to spend grant money offers poignant lessons on the perils of investing in public institutions.
By Craig Kennedy
Contributor
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.
By Drew Lindsay
Senior Editor, Special Projects
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.
By Maria Di Mento
Senior Reporter