Foundations

Buffett Makes $3M Donation to Children's Museum
July 21, 2017 at 10:32 am

The Children's Museum of Illinois will expand next summer with a two-story exhibit focused on law enforcement, funded by a $3 million grant from the Howard G. Buffett Foundation, museum officials announced Thursday. The 7,000-square-foot expansion will be called "Heroes Hall," executive director Amber Kaylor said. “We came up with the idea, put together a…

The New York Women’s Foundation Announces $2.4M in Grants to Address Needs of Women and Families in NYC
July 20, 2017 at 12:29 pm

The New York Women’s Foundation announced a total of $2.4 million in grants awarded to 37 organizations working to promote economic security and justice for women and families throughout New York City. Building on the foundation’s history of success, these investments show strategic growth and continue to strengthen their position as the premier women’s fund…

Harold Alfond Foundation Pledges $7.5M to Drive Transformational Change in Professional Graduate Education
July 20, 2017 at 12:24 pm

The Harold Alfond Foundation has announced a $7.5 million challenge grant to the University of Maine System to support the Maine Center for Graduate Professional Studies. The grant represents the largest private gift to a multi-campus effort in the University System’s history. The Maine Center for Graduate Professional Studies (the Maine Center) will combine the…

A. James and Alice B. Clark Foundation Provides $10M Transformational Donation
July 12, 2017 at 11:02 am

Boulder Crest Retreat announces a $10 million donation from the  A. James and Alice B. Clark Foundation. This is the largest gift in Boulder Crest Retreat's history. The gift provides the capacity to expand its programs to the western U.S. for veterans and families who are healing from combat-related stress. After 16 years of war, the longest…

Buffett Gives Nearly $3.2B to Gates Foundation (and 4 Other Charities)
July 11, 2017 at 10:22 am

Warren Buffett is known for his generous charitable donations, and this time is no different. Just this past Monday, Buffett donated a record $3.17 billion to these five charities: The Bill & Melinda Gates Foundation, the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Foundation...

‘Godmother’ of Fashion Takes on a Philanthropic State of Mind
June 28, 2017 at 11:46 am

Does the name Diane von Furstenberg ring a bell? Most known for her elegant fashion designs and hefty price tags, the Belgium-born American fashion designer turned in her creative director role last year to Jonathan Saunders and is entering her next phase of life with a philanthropic state of mind...

Head of Vietnam Veteran Charity Pleads Guilty to Embezzling $150K
June 23, 2017 at 9:21 am

The former head of a D.C. charity meant to benefit Vietnam veterans pleaded guilty to wire fraud after embezzling about $150,000, federal prosecutors said. John Thomas Burch, 75, of Alexandria was the president of the National Vietnam Veterans Foundation until last year, the U.S. attorney for the District of Columbia said in a statement. He…

What Does a CEO Look Like? New Female 'Foundation 500' List Challenges Stereotypes
June 9, 2017 at 12:07 pm

From a Peruvian trout farm manager to the head of an Indonesian meatball company, a list of 500 women entrepreneurs in emerging markets was launched on Thursday to challenge the stereotype of a typical company boss and inspire women globally. The "Foundation 500" list features the portraits and careers of 500 female entrepreneurs in 11…

Michael Bloomberg Gives $75M to Shed Arts Center
May 25, 2017 at 9:51 am

The ambitious new arts center known as the Shed, rising in Hudson Yards, has received $75 million from Michael R. Bloomberg, showing just how much the Far West Side continues to be shaped by a small group of influential billionaires. They include Stephen M. Ross, the chairman of Related Companies, and Barry Diller, the media…