Billionaire’s Nonprofit Institute’s Conferences Gather Top Intellectuals
The New York Times profiles investor and art collector Nicolas Berggruen, whose institute hosts several conferences a year to discuss various topics like hierarchy and equality.
Iowa Regents President Has Given Only a Third of His 2008 Pledge of $5 Million
Bruce Rastetter’s pledge is for a training complex for the University of Iowa’s football program, according to an Associated Press analysis.
Top Earners Gave an Average of $33 Million Each to Charity, IRS Says
The 400 taxpayers with the highest adjusted gross incomes collectively contributed more than $12 billion to charity in 2013.
Gifts Roundup: $15 Million to Tufts and $10 Million for Johns Hopkins
A co-founder of the women’s sportswear company Liz Claiborne gave $10 million to the Chazen Institute of International Business at Columbia Business School.
Reclusive, Small-Town Barber Leaves $1.4 Million to Library
The donor, from the small town of Athol, Mass., had never shown any signs of wealth, reports the Boston Globe.
U.S. Tops List of Regions With the Most Generous Donors Worldwide
Europe came in second, but giving is growing in the Middle East, according to Bankrate.com.
Halfway Through Capital Campaign, Harvard Has Raised $6.5 Billion
The university has surpassed the goal of its five-year campaign in just two and a half years, two donors told student newspaper The Harvard Crimson.
Tech Billionaire’s Foundation Pledges $250 Million for Cancer Research
The commitment from Napster founder Sean Parker’s foundation will open an institute for the study of cancer immunotherapy, where six major institutions will share scientists and findings, reports USA Today.
Most Wealthy Donors Unaware of Alternative Giving Methods, Study Says
Even those who knew about alternative forms of donating tend to stick with cash, checks, or credit cards.
List of Donald Trump’s Donations Does Not Include His Own Money, Says Report
From a list of 4,844 contributions provided by the presidential front-runner’s campaign, covering 2009 through 2014, none came from his personal wealth, according to The Washington Post.
Gates Foundation’s Influence Has Profoundly Changed Seattle
The convergence of large health-care companies, research institutes, and other nonprofits and businesses associated with the Gates Foundation are changing the face of the city, The New York Times reports.
$275-Million Cohen Gift Will Benefit Veterans and Their Families
The University of Southern California, Thomas Jefferson University, and the Fanconi Anemia Research Fund also received major donations.
N.Y. Court Tosses Suit Opposing Diller-Funded Park on Hudson
A lawsuit filed last year by a nonprofit critical of billionaire media mogul Barry Diller’s planned park and performance center on a Hudson River pier was dismissed Thursday by a New York State judge, The New York Times reports.
Financier Cohen Pledges $275 Million for Veterans’ Health
Hedge-fund mogul Steven Cohen announced plans Wednesday to establish a national network of mental-health centers for former service members and their families, Bloomberg reports.
Big Gifts for Carolinas HealthCare and U. of Toronto
The Leon Levine Foundation donated $25 million to expand cancer care at the Charlotte-based medical network, the Charlotte Business Journal writes, and the University of Toronto received $22.8 million from the estate of businessman Joseph Rotman, reports The Globe and Mail.
Southern Cal and Thomas Jefferson U. Receive Major Gifts
The University of Southern California received $25 million from property magnate Edward Roski and his wife, Gayle, to support vision care and research, writes The Pasadena Star-News, and Philadelphia’s Thomas Jefferson University announced a $20 million gift from Vickie and Jack Farber to expand its center for neurological research, The Philadelphia Inquirer reports.