Anonymous Donor Commits $95 Million to Coastal Carolina U. (Gifts Roundup)
Also, the Campaign for Female Education and Howard University are among the beneficiaries of MacKenzie Scott’s $1.7 billion in recent giving.
Giving to Faith-Based Nonprofits Likely to Hold Steady or Increase, Survey Says
Eighty-five percent of people who gave at least $1,000 in 2018 or 2019 to a faith-based nonprofit say they expect to give the same amount or more this year as they did last year, according to a new survey.
MacKenzie Scott Showers $1.7 Billion on Nonprofits, Mostly Groups Fighting for Equity
The ex-wife of Amazon co-founder Jeff Bezos said the money was distributed to 116 nonprofits, mostly to organization devoted to equity that are led by women, minorities, and LGBTQ people.
Bruce and Martha Karsh Give Cedars-Sinai $25 Million (Gifts Roundup)
Plus, Financier Robert Smith gave $1.9 million for prostate cancer research aimed at developing a new noninvasive test.
Star Sports Couple Give $5 Million to Start New Fund Backing Social-Justice Efforts (Gifts Roundup)
Plus, a Silicon Valley billionaire and his wife established an immigrant relief fund; and two hospitals, Albion College, and USC received big gifts.
Hedge-Fund Couple Give $5 Million for Lyme Disease Research (Gifts Roundup)
Plus, seven other colleges and universities receive big gifts.
Miami Dolphins Owner Pledges $13 Million to Fight Systematic Racism (Gifts Roundup)
Plus, the Navy SEAL Foundation landed $10 million, and four colleges received big gifts.
Nearly 11% of the World’s Billionaires Gave to Fight the Pandemic
The Wealth X study says the pledges went toward efforts to combat Covid-19 and to help those who have lost their jobs or faced other crises in the pandemic. More than 15 percent of those who committed gifts to such efforts are under 50.
New Report Examines Big-Gift Philanthropy — and Encourages the Wealthiest to Give More
Only 36 percent of the world’s ultra-high-net-worth individuals are donors, and more than half of people with high net worth don’t know if their giving is making a difference, a new report says.
Michael and Noémi Neidorff Pledge $5 Million for Medical Research (Gifts Roundup)
Plus, two colleges, a hospital ,and a food bank all received million dollar gifts.
Giving Plunges 6% in First Quarter, Signaling $25 Billion in Lost Revenue for Nonprofits
Individual giving declined 6 percent in the first quarter of this year compared with last year, a trend that would lead to $25 billion in lost revenue for nonprofits if it continues throughout 2020, according to a new survey.
2 Historically Black Colleges and UNCF Will Share $120-Million Gift
The founder of Netflix has given $40 million each to Morehouse and Spelman Colleges, and to the group formerly known as the United Negro College Fund.
Netflix Co-Founder Reed Hastings Gives $1 Million to Improve Policing (Gifts Roundup)
Plus, Spelman College, Michigan State U., and others received big gifts.
Nonprofits That Rely on Foundation Grants Fare Better Than Others Amid Pandemic
Thirty-one percent of nonprofit CEOs say that their grants have increased during the Covid-19 pandemic, and 39 percent say they’ve stayed the same.
Michael Jordan and Jordan Brand Pledge $100 Million to Advance Racial Equality
The money, half of which will come from each, will be given over 10 years to organizations that work on racial equality, social justice, and access to education.