Richest Donors to Give Nearly $30 Million During Their Lives
The biggest supporters of charities are more likely to hold most of their wealth in liquid assets, says a new study by Wealth-X, a market-research company.
By Timothy Sandoval
Contributor
Daily News Roundup: Bloomberg Looks to Boost Working-Class College Enrollment
Also, how maverick tech investor Peter Thiel’s fellowship program for young entrepreneurs has evolved, and how philanthropist and Education Secretary-designate Betsy Devos fought regulation of charter schools.
Experts Predict Strong Finish to Fundraising Season
A booming stock market and strong economy — along with potential changes in the tax code and possible spending cuts under President-elect Trump — spur fundraisers to urge donors to give now.
By Timothy Sandoval
Contributor
Daily News Roundup: Google Parent Gives Staff Holiday Bonus to Charity
Also, San Francisco teams with tech leaders to fund a $30 million program to aid homeless families, and looming tax changes fuel a year-end burst of stock donations.
Gifts Roundup: Denver Art Museum Gets $25 Million to Revamp Wing
Other major donations include $25 million for scholarships at Chicago’s Roosevelt University and $20 million for a Henry Ford Health System cancer center in Detroit.
By Maria Di Mento
Senior Editor
Daily News Roundup: Dumpster-Diving Samaritans Face Charges in Pa.
The two men were arrested while scouring commercial trash containers for food to give to the homeless. Also, Facebook investors allege collusion in a stock move that aided Mark Zuckerberg’s philanthropic ambitions.
Daily News Roundup: Gun-Control Groups Find Advocates in ‘Big Law’
Also, a Chinese couple donates $115 million to Caltech to establish a neuroscience center and a look at how Judith Rodin reshaped the Rockefeller Foundation.
Gifts Roundup: Cleveland Eye Clinic Gets $31 Million Pledge
Also, Facebook’s Sheryl Sandberg contributed $107 to a donor-advised fund, and Columbia University received $10 million for an undergraduate business program.
By Maria Di Mento
Senior Editor
Facebook’s Sheryl Sandberg Gives More Than $107 Million to Charity
The money went to a donor-advised fund at Fidelity Charitable and will probably support women’s causes as well as education and antipoverty efforts.
By Maria Di Mento
Senior Editor
Daily News Roundup: German Couple Donates $127 Million Art Trove
Also, the Chan Zuckerberg Initiative’s education chief talks to The Chronicle of Higher Education about its $45 billion aim to advance the science of learning.
A growing movement finds community foundations in rural and Rust Belt regions with declining populations asking donors to bequeath 5 percent of their estates for their hometowns.
By Heather Joslyn
Contributor
Poor Kid From India Builds Life of Glamour and Charity
Mani Bhaumik suffered poverty in his native India before amassing a fortune in real estate and hobnobbing with the glitterati in Hollywood. After giving millions to charity, he’s now focused on connecting science and spirituality.
By Maria Di Mento
Senior Editor
Gifts Roundup: $2.5 Million Gifts From Sports Stars Support Smithsonian and Vanderbilt U.
A donation from NBA icon LeBron James backs a museum exhibition on the life and legacy of Muhammad Ali, while Boston Red Sox pitcher David Price funds baseball programs at the university he attended.
By Maria Di Mento
Senior Editor
Gifts Roundup: Colorado State University Lands $53 Million for Engineering
Other notable donations include $20 million each for Hollins and Purdue universities and $10 million to launch a center for philanthropy studies at the University of Denver.
By Maria Di Mento
Senior Editor
New Book on Joan Kroc Tells of Her Sometimes Whimsical Philanthropy
The donor who made a $1.5 billion bequest to the Salvation Army and gave $225 million to NPR preferred handing out checks to working under the constraints of a foundation.
By Maria Di Mento
Senior Editor
Daily News Roundup: Planned Parenthood Sees Flood of ‘Pence’ Donations
Also, Lincoln Center appoints its first woman leader, and a new study says donations have replaced ticket sales as U.S. orchestras’ chief revenue source.