Big Donations for Villanova Hoops and U. of Sydney Medicine
Fresh off winning the NCAA men’s basketball championship, Villanova University scored a $22.6 million gift to renovate its aging Philadelphia arena, reports the Associated Press, and a $27.3 million donation to the University of Sydney will support construction of a new building for its health programs, the Sydney Morning Herald writes.
Catholic U. Reaps $47 Million in Gifts for Academic Programs
The pledges from six donors, including the Busch Family Foundation and the Charles Koch Foundation, support Catholic’s business school and other campus programs, The Washington Post writes.
Chinese Internet Mogul Pledges $2 Billion to Charity
Pony Ma, the founder of Chinese online giant Tencent Holdings, announced plans Monday to donate 100 million shares in the company to its foundation to support medical, educational, and environmental causes, Reuters reports.
Arts Group Gets $20 Million From Ford Foundation and Other Donors
Ford provided $10 million of the new funding to create an operating endowment for United States Artists, a nonprofit that makes unrestricted grants to support accomplished artists in a range of disciplines, reports The New York Times.
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.
By Ariana Giorgi
Contributor
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.
By Maria Di Mento
Senior Editor
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.
By Maria Di Mento
Senior Editor
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.
By Maria Di Mento
Senior Editor