Endowments

Uber Enters 2-Year Partnership With Meals on Wheels
November 22, 2017 at 11:14 am

Uber, a technology company that has simplified getting a ride to your destination with a click of a button, has partnered with Meals on Wheels to further the nonprofit’s mission of “providing healthy meals to homebound seniors, veterans and more...

Friend of Caltech Makes Landmark Gift to Build a Better World
November 6, 2017 at 12:01 pm

“You ought to leave the world better than you found it,” engineer Allen Davis was known to say. And he did: Davis, who passed away at age 91 in 2015, left more than $60 million from his estate to Caltech. Aiming to advance science and education for the benefit of humankind, Davis  directed his bequest to…

U of I College of Business Receives $150M Naming Gift
October 30, 2017 at 11:51 am

The College of Business at the University of Illinois at Urbana-Champaign will be known as the Gies College of Business after an unprecedented investment from a distinguished alumnus. The gift, announced today, will accelerate progress toward being recognized as the best and most innovative business school in the nation. This monumental gift comes from Chicago…

Couple Donate $150M to University of Illinois
October 27, 2017 at 11:57 am

The University of Illinois has received its largest-ever donation—a $150 million gift—from the head of a Chicago private equity firm, school officials announced Thursday. The gift from Larry Gies, chief executive of Madison Industries, and his wife, Beth, means the university’s business school at the Urbana-Champaign campus will now be known as the Gies College…

News Match Kicks Off With $3M for Nonprofit Newsrooms
October 4, 2017 at 1:05 pm

For the second consecutive year, nonprofit news organizations have an opportunity to participate in a year-end fundraising match. The Democracy Fund, the Knight Foundation and the MacArthur Foundation are collaborating to match $3 million in contributions to nonprofit news organizations through the end of the year. More than 100 participating organizations are eligible to receive…

Gerdin Family Commits $7M for Iowa State's College of Business Expansion
August 30, 2017 at 12:41 pm

A $7-million commitment from the Gerdin Charitable Foundation will allow the Iowa State University College of Business to expand its facility, which has become a high priority for the college due to years of growth and record enrollment. The Gerdin family are long-time leaders, friends and donors to the College of Business. Ann and her…

Google.org Gives $1M to Organizers of the ‘Latino Nonprofit Accelerator’
August 25, 2017 at 10:09 am

Google.org has given a $1 million grant to the Latino Community Foundation in order to launch an accelerator program for Latinx-led nonprofit organizations focused on Latinx communities. The idea with the 1-year accelerator, called the Latino Nonprofit Accelerator, is to help organizations address needs and inequities in the Latinx community. As part of the accelerator,…

Levitetz $2M Gift Supports Orthopaedic Department
August 22, 2017 at 11:11 am

The Levitetz Family Foundation and Jeff Levitetz, philanthropist and longtime supporter of Cleveland Clinic Florida, has made a $2 million gift for Cleveland Clinic Florida’s nationally ranked Orthopaedic Surgery Department. His gift is being recognized with the naming of The Levitetz Department of Orthopaedic Surgery, the highest-ranked orthopedics program in Florida by U.S. News &…

Bill Gates Reduces Microsoft Stake with $4.6B Donation
August 15, 2017 at 10:36 am

Bill Gates has given away $4.6 billion to charity in his largest donation since 2000. He remains the world's richest person, despite giving away 64 million shares in Microsoft.The shares are equivalent to 5 percent of his total fortune, currently estimated to be $89.9 billion. Since 1994,  Gates and his wife Melinda have given away a…