Gifts Roundup: Art Collector Gives $100 Million to Address Mass Incarceration
Other notable donations include $32 million to expand neurological, orthopedic, and spinal care at Torrance Memorial Medical Center and a $9 million bequest to the National Museum of Women in the Arts.
By Maria Di Mento
Senior Editor
How Nonprofit Leaders and Others Responded to Jeff Bezos’s Request for Giving Advice
When the billionaire Amazon founder asked for philanthropic suggestions on Twitter, charities, journalists, and online commentators were quick to respond. Here are some of their ideas.
By Nidhi Singh
Contributor
Tell Us: Should Jeff Bezos Focus His Philanthropy on the Short or Long Term?
How do you think one of the world’s richest individuals can the most good — by addressing immediate needs or by seeking long-term solutions?
By CODY SWITZER
Contributor
Top Chinese Donors Triple Their Giving to $4.6 Billion, Report Says
Education, poverty alleviation, and the arts are the most popular causes; the country’s environmental problems get relatively little attention.
By Caroline Preston
Contributor
Jeff Bezos Says Helping the Neediest Now May Be Where His Philanthropy Goes
The Amazon founder has thus far given small sums relative to his wealth, but today he signaled that could be about to change.
By Alex Daniels and Maria Di Mento
How Donor Courtship in Silicon Valley Looks Nothing Like Traditional Fundraising
Top-flight universities and fast-growing pledge networks are winning over entrepreneurs, hoping for big gifts when start-ups strike it rich.
By Drew Lindsay
Contributor
Generations in Rich Families Take Dim View of Each Other’s Giving, Survey FInds
Three-quarters of clans with at least $3 million in investable assets donate to charity, but views diverge among generations about how best to give back and who is most committed to doing so.
By Maria Di Mento
Senior Editor
$100 Million Art Gift Is Part of Growing Trend of Foundation-Donor Partnerships
Agnes Gund is using money from the sale of a Roy Lichtenstein classic to create an unusual partnership with the Ford Foundation to work toward improving the criminal-justice system.
By Alex Daniels
Contributor
Daily News Roundup: $100 Million Art Sale Backs New Criminal-Justice Fund
Also, the Gates Foundation and Rotary International spearhead $1.2 billion in new fundraising for the push to eradicate polio, and Warren Buffett’s annual auction of a lunch date fetches $2.68 million for a San Francisco social-service charity.
As GOP Eyes Estate Tax, Muted Pushback From Charity Leaders
Some who are lobbying Congress say there are more important battles to fight.
By Alex Daniels
Contributor
Gifts Roundup: Anonymous Donors Give Big to MIT, Massachusetts Eye and Ear, and Vanderbilt U.
Other notable donations include $37.8 million to create a new training institute at the Medical College of Wisconsin and $20 million for research at specialty hospital Massachusetts Eye and Ear.
By Maria Di Mento
Senior Editor
Daily News Roundup: Billionaire LinkedIn Co-Founder Defends Modern Philanthropy
Reid Hoffman also explains his plans to use his fortune for doing good. Plus, impact investing grows in India, and a New York theater company files for bankruptcy.
Daily News Roundup: Controversial Congressman’s Naming Gift Draws Fire at N.J. University
Montana Rep. Greg Gianforte’s alleged assault of a reporter last month heightens ongoing protests over the Stevens Institute of Technology’s plan to name a building after him. Also, City University of New York looks to rein in nonprofit fundraising affiliates that have come under legal scrutiny.
MIT Receives $140 Million From Anonymous Alumnus
The donor placed no restrictions on the use of the gift; the university said at least some of it would go toward supporting undergraduates who couldn’t otherwise afford to attend.
By Maria Di Mento
Senior Editor
Daily News Roundup: How a Conservative Charity Helped Build Trump’s White House
The David Horowitz Freedom Center, a self-styled “School for Political Welfare,” incubated hard-line positions on immigration and Islam adopted by the Trump administration. Also, the latest twist in the battle between billionaire philanthropists over Pier 55, a planned riverfront performance space in New York.
Gifts Roundup: $10 Million Bequest Backs Women’s Scholarships at Southeastern Louisiana
Other notable donations include $15 million to support recreation and scholarships in a Northern Michigan county and $10 million to build a home for Stonehill College’s business school.
By Maria Di Mento
Senior Editor