Buzz!

Stanford University Gets Record $6.2 Billion in 5-Year Campaign

2012-02-08T12:01:17-05:00

Stanford University raises $6.2 billion in 5-year campaign. [Bloomberg]

News Briefing: EBay's Omidyar Works for Philanthropy

2012-02-07T09:57:33-05:00

A South Korean software magnate starts charity to confront inequality. [New York Times]

Komen Foundation takes steps to rebuild trust after last week's PR fiasco. [Washington Post]

Pierre Omidyar and his wife have committed more than $1 billion to hundreds of different causes. [USA Today]

News Briefing: After Komen Furor, Some Supporters of the Charity Say They Won’t Go Back

2012-02-06T10:14:01-05:00

America's top fifty philanthropists include 12 arts donors. [Los Angeles Times]

Some supporters of the Susan G. Komen for the Cure say they won't donate again. [Associated Press]

News Briefing: Top Komen Official Resigns in Protest Over Grants Cuts

2012-02-03T10:14:02-05:00

The Gates Foundation opens a public space in its headquarters to encourage visitors to learn more about its work. [Associated Press]

A top official at Susan G. Komen for the Cure resigns in protest. [Associated Press]

Johns Hopkins is sued over plans to develop land donated to them. [Washington Post]

News Briefing: Sept. 11 Group's Salaries Decried

2012-01-31T09:54:57-05:00

A former employee with the National September 11 Memorial & Museum receives a high severance payment. [Wall Street Journal]

Madonna announces plans to build 10 new schools in Malawi. [Reuters]

Super Pacs are set to submit their financial reports. [Associated Press]

News Briefing: Drugmakers Join Gates Foundation in Fighting Tropical Diseases

2012-01-30T09:30:42-05:00

Drugmakers join the Gates Foundation in fighting neglected tropical diseases. [Bloomberg]

Technology and philanthropy merge at Davos. [New York Times]

Hedge fund manager William Ackman donates $25 million to Signature Theatre. [Bloomberg]

News Briefing: Warren Buffett Donates $41.6M to 8 unnamed charities

2012-01-27T11:34:29-05:00

Warren Buffett donates $41.6M in stock to 8 unnamed charities. [Associated Press]

Cal State adopts a new policy that limits executive compensation. [Los Angeles Times]

News Briefing: Bill Gates Donates $750 Million to the Global Fund

2012-01-26T10:18:00-05:00

Bill Gates pledges $750 million to the Global Fund to Fight AIDS, Tuberculosis, and Malaria. [Associated Press]

Jury awards Garth Brooks $1M, agreeing with him that a local hospital did not use his donation as he intended. [Associated Press]

News Briefing: Kodak Pulling Back on Corporate Philanthropy

2012-01-25T10:33:07-05:00

As Kodak's philanthropy scales back during its bankruptcy filing, Rochester-area nonprofits wonder about future donations. [Democrat and Chronicle]

Steve Garban resigns as chairman of Penn State's Board. [Wall Street Journal]

Chelsea Clinton promotes philanthropy in Ukraine. [Associated Press]

Bill Gates defends his foundation's focus on high-tech solutions to world hunger in his fourth annual letter. [Associated Press]

News Briefing: Million-Dollar Donations Climb in 2011

2012-01-24T10:29:03-05:00

Boston nonprofits have boosted their voluntary contributions to city government by 24% over the past six months. [Boston Globe]

The number of $1 million+ donations nationwide in 2011 nearly doubles over 2010. [Minneapolis Star Tribune]

News Briefing: David Rubenstein to Donate $7.5M to help fix the Washington Monument

2012-01-20T16:09:03-05:00

David M. Rubenstein to donate $7.5 million to help fix the Washington Monument [Washington Post]

Boxer Floyd Mayweather donates $100,000 Las Vegas breast cancer support group. [Associated Press]

News Briefing: LL Bean to donate to National Park Foundation

2012-01-18T10:18:26-05:00

The purchase of Convio could help propel Blackbaud into cloud-based computer services. [New York Times]

L.L. Bean will give up to $1M to the National Park Foundation. [Associated Press]

Aid agencies' report claims that slow response to East African hunger crisis "cost thousands of lives." [Associated Press]

News Briefing: Blackbaud Agrees to Acquire Convio

2012-01-17T12:54:20-05:00

The Milton Public Library receives $100,000. [Boston Globe]

Blackbaud agrees to acquire Convio. [The Post and Courier]

Southern Oregon Islamic charity activist fights impending date to report to prison. [Associated Press]

News Briefing: Ind. U. Business School Receives $33 Million Grant

2012-01-13T11:05:30-05:00

The Velvet Underground sues the Andy Warhol Foundation for trademark infringement. [Bloomberg]

The Lilly Endowment donates $33 million to Indiana University's Kelley School of Business. [Associated Press]

New survey shows how hard it is to replicate the text donation surge that occured in the wake of the earthquake in Haiti. [New York Times]

News Briefing: Guggenheim Foundation Proposes Helsinki as Site for New Art Museum

2012-01-10T09:41:22-05:00

The Guggenheim Foundation proposes building a museum in Helsinki. [Washington Post]

In first year of Race to the Top, Maryland meets its obligations. [Washington Post]

After Beyoncé gives birth at Lenox Hill Hospital, some patients complain about security measures. [New York Times]

News Briefing: School Cuts Also Threaten Culture Sites

2012-01-09T09:53:38-05:00

Elton John to write a book on AIDS, proceeds to benefit the Elton John AIDS Foundation. [BBC News]

Arby's Foundation partners with Share Our Strength. [Washington Post]

Cultural institutions in Texas may be an unexpected casualty of state budget cuts. [New York Times]

News Briefing: Gates, Elton John, Carlos Slim Boost Clinton Foundation in 2011

2012-01-06T09:57:36-05:00

Bill Gates and Elton John are big donors to the William J. Clinton Foundation. [Bloomberg]

The New York Philharmonic names its new executive director. [New York Times]

Kate Middleton lends her support to Action on Addiction, which supports research, prevention, and treatment of addiction. [Los Angeles Times]

Some Pennsylvania charities have opted out of taking over programs of Second Mile. [Reuters]

News Briefing: A Collaboration That Began With a Disastrous Lunch

2012-01-03T10:14:58-05:00

The Broad Institute is a joint venture of Harvard and M.I.T. [New York Times]

Elaborate holiday displays at two homes in Queens raise funds for charities. [New York Daily News.]

News Briefing: USC Pursues Aggressive Fundraising Effort Despite Hard Times

2011-12-30T10:17:31-05:00

USC pursues a $6 billion campaign. [Los Angeles Times]

Bloomberg says money dispute will keep 9/11 museum from opening on time. [Washington Post]

News Briefing: Woodie Guthrie Gets a Belated Honor In Oklahoma

2011-12-29T10:50:56-05:00

The George Kaiser Family Foundation plans to build an exhibition and study center to honor Woody Guthrie's legacy. [New York Times]

Many large charities see an increase in donations during holiday season. [USA Today]