Robin Hood Expands Largest Charity Gala to Full-Day Event
The New York antipoverty group known for hosting the country’s most lucrative benefit will make its presence known throughout the city Monday, from the Nasdaq opening bell until late in the evening.
By Eden Stiffman
Senior Editor
George Mason Faculty Questions Donor Pacts Amid Scalia Furor
The Faculty Senate urged the university to put on hold gift agreements worth $30 million from conservative donors that have divided students and professors on the Northern Virginia campus, particularly over a stipulation that its law school be renamed for Justice Antonin Scalia, The Chronicle of Higher Education and The Washington Post write.
U. of Houston Donor’s Heirs Sue Over Plan to Rename Arena
The family of Roy Hofheinz, the late Houston mayor and Astros owner for whom the campus basketball arena is named, filed a challenge Wednesday to the university’s court bid to reclaim naming rights for a new donor, the Houston Chronicle and the Associated Press report.
Zuckerberg and Chan Tap New Leader for Education Giving
Priscilla Chan and Facebook co-founder Mark Zuckerberg have hired Jim Shelton, a former high-ranking Education Department official, as head of education for the Chan Zuckerberg Initiative.
By Megan O’Neil
Contributor
Operation Smile Courts Hispanics With Eye on Population Shift
With bilingual agents and Spanish-language ads, the children’s medical charity has cultivated a growing Latino donor base.
By Timothy Sandoval
Contributor
Gifts Roundup: LA County Museum of Art Gets $75 Million for New Building
Other notable gifts include $185 million from Sanford and Joan Weill to establish a center for neuroscience research at the University of California at San Francisco.
By Maria Di Mento
Senior Editor
Philanthropy Is Problem-Solving, Not ‘Giving Away Money,’ Says Sean Parker
The billionaire tech investor delves into his philosophy of “hacker philanthropy” and discusses his $250 million pledge to advance cancer immunology in an interview with the Financial Times.
Donor-Backed Scalia Honor Fuels Uproar at George Mason U.
Faculty are leading protests against the Northern Virginia institution’s plan to rename its law school for the late Supreme Court justice at the behest of an anonymous $20 million contributor, The New York Times and The Wall Street Journal write.
$75 Million in Gifts Boost L.A. County Museum Building Plan
The pledges of $50 million from resorts mogul Elaine Wynn and $25 million from former communications executive A. Jerrold Perenchio bolster the Los Angeles County Museum of Art’s $600 million fundraising campaign for construction of a new home, reports Los Angeles Times.
Zuckerberg Moves to Pay for $45 Billion Pledge
The Facebook titan proposed a stock transition that would allow him to start dedicating some of his fortune to doing good without sacrificing control of his company.
By Megan O’Neil
Contributor
Indianapolis Businessman Donates $25 Million to Butler U.
The university will rename its business school for Andre Lacy in honor of the gift from the local philanthropist and civic leader, reports the Indianapolis Star.
$185 Million Gift Will Create Neuroscience Center at UCSF
Sanford and Joan Weill made the donation, the 11th multimillion-dollar gift for neuroscience research in the past seven years.
By Maria Di Mento
Senior Editor
Gifts Roundup: Museum of Modern Art Gets $100 Million; $47 Million for Catholic University
Other big donations announced recently include $22.6 million for athletics at Villanova and $19.7 million to the University of Vermont.
By Maria Di Mento
Senior Editor
Phil Knight to Pledge Most of $25 Billion Fortune to Charity
The 78-year-old Nike co-founder says most of his wealth will be given away over the course of his, his children’s, and his grandchildren’s lifetimes, The Oregonian reports, citing an interview with Mr. Knight set to air on CBS this weekend.
More Nonprofits Hang Out ‘Now Hiring’ Signs
Fifty-seven percent of groups say they will add positions this year, and fundraisers are the most sought-after professionals.
By Megan O’Neil
Contributor
David Geffen Gives $100 Million to the Museum of Modern Art
The billionaire art collector’s urestricted gift will go toward expanding and renovating the museum, reports The New York Times.