Search Results

How China's Social Media Giant Tencent Is Shaking Up Traditional Philanthropy
May 23, 2017 at 10:50 am

The Wenchuan earthquake in Sichuan that killed 69,000 people in 2008 shook up China’s social media and online giant Tencent Holdings, located 1,000 kilometers away in Shenzhen. Social media was buzzing with users who wanted to lend a hand during one of China’s worst disasters in modern history. The company previously made scattered efforts involving philanthropy,…

Andrew Forrest Gives $298M to Causes Covering Health, Education and Fighting Modern Slavery
May 23, 2017 at 10:45 am

Australian mining magnate Andrew Forrest on Monday made the country's biggest philanthropic gift by a living individual, donating $298 million to causes covering health, education and fighting modern slavery. Prime Minister Malcolm Turnbull sang the praises of the one-third owner of world No. 4 iron ore producer Fortescue Metals Group Ltd, who has faced occasional…

Shawn Carter Foundation, eBay for Charity Partner for College Campaign
May 18, 2017 at 11:05 am

Ms. Gloria Carter, co-founder of the Shawn Carter Foundation (and Jay Z's mom), and eBay for Charity are partnering for the first time to help underprivileged youth pursue college educations. The eBay for Charity auctions campaign launched May 15 and will run through May 24, with 100 percent of the proceeds benefiting the Shawn Carter Foundation’s…

Robin Hood Raises $54.5M at NY Benefit
May 16, 2017 at 10:24 pm

The Robin Hood Foundation raised $54.5 million at its benefit Monday night, revved up by a new leader and a $15 million challenge grant by billionaire Ken Griffin, founder of hedge fund firm Citadel. Robin Hood will use the money to fight poverty in New York City under incoming CEO Wes Moore, the U.S. Army…

New York Public Library Receives $15M Gift
May 16, 2017 at 11:48 am

Philanthropist and New York Public Library Trustee Katharine J. Rayner has given the Library a $15 million gift to strengthen and advance the institution’s internationally-renowned research collections. The major gift, announced at the Library’s Board of Trustees meeting, establishes the “Katharine J. Rayner Fund for Special Collections,” which will fund the Library’s acquisition of special…

Are Nonprofits Hypocritical?
May 11, 2017 at 10:39 am

In every way they can, nonprofits make the "ask." The message is: We help people. We mend the holes in the social safety net. We educate. We feed. We shelter. We care. But do they? Or do they, by the nature of their funding, contribute a bit to the tearing of that net? Nonprofits are notorious for paying low salaries...

Anthony Rizzo Donates $3.5M Toward Children’s Cancer Treatments
May 10, 2017 at 10:28 am

Cubs first baseman Anthony Rizzo will donate $3.5 million to Lurie Children’s Hospital in Chicago, his foundation announced. The donation will be used to lend financial assistance to families who have trouble covering the cost of their children’s cancer treatments. The hospital has also renamed a waiting room after the Anthony Rizzo Family Foundation. Rizzo…

The Homeless Don’t Deserve Our Help
May 10, 2017 at 9:33 am

Distance from groups that are unlike ours is more difficult to close. People who are viewed as “too different” from us can completely shut down our ability to connect with them. For most Americans, the homeless fall into this psychological no-man’s land...

Nonprofit Helps Veterans With PTSD, Addiction Using One-of-a-Kind Program
May 5, 2017 at 2:15 pm

A new program is helping veterans struggling with substance abuse find renewed hope. "This is something I still battle. This is not gone, it's not going away. Places like this they help me” Dan, a Marine veteran, said. It wasn't long ago that Dan was homeless on the streets of Worcester. After being honorably discharged,…

Cal Poly San Luis Obispo Receives $110M Gift
May 5, 2017 at 2:05 pm

Cal Poly San Luis Obispo has received $110 million—the largest private donation in the history of California State University—from William and Linda Frost, Cal State alumni who have worked extensively with administrators for more than a decade “to transform science and mathematics education at Cal Poly,” school officials announced Wednesday. Much of the donation will…

Trump Official Freezes Michelle Obama’s Plan to Fight Childhood Obesity
May 5, 2017 at 9:38 am

After only six days on the job, Agriculture Secretary Sonny Perdue moved to stall one of former first lady Michelle Obama’s signature accomplishments: Stricter nutritional standards for school breakfasts and lunches, which feed more than 31 million children. Speaking at Catoctin Elementary School in Leesburg, Va., with Sen. Pat Roberts (R-Kan.) and Patricia Montague of…

UCLA Team in Carbon XPRIZE Competition Receives $1.5M Donation
May 3, 2017 at 10:20 am

UCLA has received a generous $1.5 million gift from the Anthony and Jeanne Pritzker Family Foundation to support faculty members competing for the NRG COSIA Carbon XPRIZE. The funds will support the team’s efforts to develop a process for capturing carbon dioxide and converting it into a material that can be used in building and…

Civil War Battlefields Could Get Trump's First Salary Donation
May 3, 2017 at 10:17 am

The National Park Service has identified projects in three national parks—all Civil War or Revolutionary War battlefields—that could receive money donated back to the government from President Trump's presidential salary. At the top of the list are two restoration projects at the Chickamauga and Chattanooga National Military Park, both of which would cost about $78,000—almost…

GoFundMe Raises $33.8M for K–12 Teachers, Drops Major Donation to Education
May 2, 2017 at 1:09 am

GoFundMe has helped K–12 teachers launch 72,000 campaigns and raise $33.8 million to date. To celebrate National Teacher Appreciation Week this week (May 1-5), the global crowdfunding platform, in partnership with Yoobi, launched a $100,000 national contest called “We Love Teachers,” which will provide 100 teachers donations up to $1,000. To be eligible, teachers must:…

Students donate 5K Pounds of Food for Nonprofit
May 1, 2017 at 12:53 am

Each year, the Mount Vernon Presbyterian School community and its partner, Mount Vernon Presbyterian Church, hold its Share the Well Food Drive to benefit the Community Assistance Center located in Sandy Springs. And like many organizations, the partners held their annual drive around Thanksgiving. But all of that changed after a challenge was presented to…

Zuckerberg, Chan's Philanthropy Backs Effort to Change Scientific Publishing
April 28, 2017 at 10:05 am

The Chan Zuckerberg Initiative, the philanthropic investment vehicle created by Facebook co-founder and CEO Mark Zuckerberg and his wife, Priscilla Chan, MD, will fund an effort to allow biologists to share drafts of papers before they are published in peer-reviewed scientific journals like Nature or Science. Financial terms were not disclosed. Cori Bargmann, the president…

Henry 'Hank' Rosso: The Impact of a Legend
April 28, 2017 at 9:56 am

I was thinking of an old friend and colleague, Henry “Hank” Rosso, recently when I was doing research on fundraising. I decided to look at Rosso’s obituary. On Feb. 1, 1999, Hank died at the age of 81 in Petaluma, Calif...