Wealthy Donors

NBA Raises $500K for SagerStrong Foundation
February 20, 2017 at 9:11 am

With some long-range shots and a Shaq-aided slam, the SagerStrong Foundation has received a $500,000 donation. Following a tribute to Craig Sager after the three-point contest, TNT broadcaster Ernie Johnson came onto the court with champion Eric Gordon and finalists Kyrie Irving and Kemba Walker. Johnson said $10,000 would be donated to the charity for…

Planned Parenthood Receives $1M Donation From Wealthy Businesswoman
February 17, 2017 at 8:45 am

Planned Parenthood just got a windfall donation from a powerful woman. Elaine Wynn has donated $1 million to the women's health organization, Fortune has learned. “As a woman, a mother and a grandmother, I’m proud to do what I can to help protect access to reproductive health care,” the billionaire said in an emailed statement. Wynn…

Rock & Roll Hall of Fame Receives $9M Gift for Transformation Project
February 14, 2017 at 10:38 am

Undertaking the biggest transformation in its 21-year history, the Rock & Roll Hall of Fame has received a historic $9 million donation from Chris and Sara Connor to create the Connor Theater. When it opens this summer, the theater will house an epic signature experience featuring arena-quality sound, larger-than-life video screens and fan interactivity that will…

Snapchat Co-Founders Create Snap Foundation to Support Nonprofits
February 13, 2017 at 9:59 am

Nonprofit arts, education and youth programs are are about to get a cash infusion from SnapChat. SnapChat and its co-founders, Evan Spiegel and Bobby Murphy, have pledged to donate up to 13 million shares of Class A common stock over the next 15 years to 20 years to a foundation to support arts, education and…

Beckham Fights Back on Claims Criticizing His Charity Work
February 10, 2017 at 10:40 am

David Beckham has hit out at claims that he used his children’s charity work as part of a cynical campaign to win a knighthood. The former England captain has angrily denied getting involved with Unicef’s campaigns and projects only in order to build a favorable public image and present himself as a fitting candidate for…

Zuckerberg’s Nonprofit Invests $50M Into Researching Deadly Diseases
February 9, 2017 at 9:35 am

The Chan Zuckerberg Biohub, the nonprofit medical research organization launched by Facebook founder Mark Zuckerberg and his pediatrician wife, Priscilla Chan, has selected the first wave of applicants to receive funding for their research into deadly diseases. The organization announced Wednesday an initial investment of $50 million, which will support 47 researchers from the University…

Notre Dame Receives $25M Donation for New Music Building
February 8, 2017 at 9:02 am

The University of Notre Dame says it has received a $25 million donation toward the new music building that is under construction at the school's football stadium. University officials say the music building is among three structures being added to the exterior of Notre Dame stadium as part of the $400 million Campus Crossroads project.…

Obama Donated Over $1M to Charity as President
February 7, 2017 at 8:48 am

Barack Obama gave away more than $1 million while he was president of the U.S., more than half of which went to charities supporting children, according to a Forbes analysis of his tax returns from 2009 to 2015. The biggest recipient was the Fisher House Foundation, which supports families of veterans and received $392,000 from…

Many Nonprofits Not Accepting Donations From Cannabis Companies
February 6, 2017 at 10:36 am

Tim Cullen ran into an unexpected obstacle recently when he decided it was time his cannabis business should start donating money to nonprofit organizations. “I have been shocked at how few places will take our money,” said Cullen, CEO of the Colorado Harvest Company chain of shops and a shareholder with O.penVape, a company that…

The City That Philanthropy Built
January 20, 2017 at 9:13 am

Madison, Wis., has long leaned on philanthropy. When John Nolen had a vision of a city built on an isthmus, it was a small group of philanthropists led by John M. Olin who ponied up the $2,500 to publish the unique architectural plan. Since then, nearly everything people love about Madison has been built at…