$75 Million Perelman Gift Backs New N.Y.C. Arts Center
The donation announced Wednesday by billionaire businessman Ronald Perelman revivifies long-gestating efforts to include a multidisciplinary performance venue in the redevelopment of the World Trade Center site, The New York Times writes.
From the Archives: A Look Back at the Philanthropy of Trump and Clinton
With the presidential contenders’ charitable work (or lack thereof) drawing intense scrutiny on the campaign trail, we look back to past Chronicle coverage of Donald Trump’s and Hillary Clinton’s philanthropy.
Market Turmoil Calls for Reviewing Fundraising Strategy, Experts Say
The economic fallout of the Brexit vote is likely to have a small negative impact on fundraising for U.S. charities.
By Eden Stiffman
Senior Editor
Mo. Firm Goes Bankrupt With $22 Million Outstanding on Gift
A hotel company that filed for bankruptcy protection Sunday still owes most of a $30 million pledge by its late founder to help build an arena at Missouri State University, reports the Springfield News-Leader.
Podcast: Fine-Tuning Fundraising to Draw Female Donors
Andrea Pactor of the Lilly Family School of Philanthropy talks about what nonprofits can do to draw support from a growing class of wealthy women.
By TONY MARTIGNETTI
Contributor
Gifts Roundup: Israel’s Ben-Gurion University Lands $400 Million for Water Research
Other notable donations include $25 million to Carnegie Hall and $17.5 million to support cancer studies at the University of Michigan.
By Maria Di Mento
Senior Editor
George Lucas Museum Pulls Plug on Plan to Build in Chicago
Two years after the movie mogul formally selected Chicago as the home for his collection of art and film memorabilia, and more than 18 months into a legal battle over the project’s planned waterfront location, officials with the Lucas Museum of Narrative Art announced Friday that they are abandoning their effort to build in the city, the Chicago Tribune reports.
Couple Who Escaped Nazis Leave $400 Million to Israeli University
The late Howard and Lottie Marcus, who met and married in the United States after fleeing Hitler’s Germany, were longtime benefactors of Ben-Gurion University of the Negev.
By Maria Di Mento
Senior Editor
Foundation Plans Surge of Grants for Social Entrepreneurs
Draper Richards Kaplan, which provides unrestricted grants of $300,000 and other support, plans to back 100 new ventures in the next five years.
By NICOLE WALLACE
Features Editor
$25 Million Gift Puts Business Mogul’s Name on Carnegie Hall Boxes
The donation from Len Blavatnik and his family foundation nearly doubles the take to date in the venue’s $125 million capital campaign, according to The New York Times.
U. of Alberta Gets $42 Million for Women and Children’s Health
The joint gift from two medical foundations supports the Canadian university’s Women and Children’s Health Research Institute, Global News reports.
How to Make the Most of a Grant Maker’s Visit
In the latest video in a series on foundation giving, staff members share insights into successful visits to grantees.
By Eden Stiffman
Senior Editor
Gifts Roundup: D.C. Financier Donates $20 Million to the Holocaust Museum
Other notable gifts include $25 million to Harvard University to establish new scholarship programs in the arts and humanities.
By Maria Di Mento
Senior Editor
Koret Foundation Gives $50 Million to 12 California Colleges
The money will support scholarships, research, and campus security, among other programs, the San Francisco Chronicle reports.
How to Find Major Donors Among Midlevel Supporters
Catching signs of greater giving potential takes sleuthing, creativity, patience, and listening skills.
By Maria Di Mento
Senior Editor
U. of Houston and Donor’s Heirs Reach Pact on Arena Renaming
The agreement with the family of the late judge and Houston mayor Roy Hofheinz, for whom the campus basketball arena is named, will allow the university to offer naming rights for a planned new sports venue, reports the Houston Chronicle.