Major Gifts

The Proper Caseload Mix
June 15, 2015 at 2:31 pm

You might have just read this headline and said to yourself, “I can tell this is going to be really boring stuff…

Ford Gives The Ark $500K, Largest Gift in Venue's History
June 15, 2015 at 2:13 pm

To mark the 50th anniversary of the The Ark, Ford Motor is making a $500,000 donation, the largest gift in the history of the Ann Arbor, Mich. folk and roots music venue. Ford's gift, to be paid over 20 years, puts the nonprofit Ark's anniversary capital campaign more than 70 percent of the way to…

$1 Million Donation and Plane Dedication Tee Off FedEx St. Jude Classic
June 12, 2015 at 1:43 pm

FedEx Corp. kicked off the FedEx St. Jude Classic in a major way. The Memphis, Tennessee-based company, which also renewed its title sponsorship of the tournament through 2017 last week, is donating $1 million to St. Jude Children’s Research Hospital. The donation will be made in the name of Billy Horschel, who won the FedEx St.…

UCLA Cancer Center Receives $1 Million Donation from Revlon
June 10, 2015 at 2:04 pm

Revlon donated $1 million to the UCLA Jonsson Comprehensive Cancer Center, in honor of UCLA women’s cancer researcher Dennis Slamon, Revlon’s CEO Lorenzo Delpani announced in a press release Friday. The money will fund research for potential new therapies and treatments for triple-negative breast cancer as well as ovarian cancer, Slamon said in a statement.…

Cancer Nonprofit Refunds Donation From Arkansas Treasurer
June 9, 2015 at 2:05 pm

An official from the American Cancer Society Cancer Action Network confirmed Monday that donations from Arkansas Treasurer Dennis Milligan and his deputy chief of staff were being returned because of questions about whether it was appropriate to accept the contributions. Ray Carson, the cancer group's associate director of media advocacy for the south region, said…

Anonymous Donor Gives $45K to Teach Jersey City Kids How to Swim
June 9, 2015 at 1:47 pm

An anonymous donor has awarded $45,000 to the American Red Cross to sponsor swimming classes for 750 Jersey City children, plus scholarships for training lifeguards and swimming instructors. "The Red Cross recognizes the importance of water safety," said Mathieu Nelessen, CEO of the Red Cross' North Jersey region. "Whether you are at a pool or…

USC Receives $25 Million for Department of Otolaryngology
June 8, 2015 at 2:12 pm

The University of Southern California has announced a $25 million gift from alumnus and trustee Rick J. Caruso and his wife, Tina, to endow its department of otolaryngology's division of head and neck surgery. The newly renamed USC Tina and Rick Caruso Department of Otolaryngology – Head and Neck Surgery serves patients facing a range…

Malcolm Gladwell Reacts to Billionaire's $400 Million Donation to Harvard
June 5, 2015 at 12:39 pm

In case you missed it, a Wall Street billionaire donated $400 million to Harvard on Wednesday. That donation, by hedge fund manager John Paulson, was Harvard's largest gift of all time and added to Harvard's already mammoth $36.4 billion endowment. Never one to mince words, famed author Malcolm Gladwell pounced on the news on Twitter,…

A Billionaire Hedge Fund Manager Made Harvard’s Biggest Donation Ever
June 4, 2015 at 2:18 pm

Billionaire hedge fund manager John Paulson donated $400 million to Harvard’s School of Engineering and Applied Sciences, the New York Times reports. Harvard’s engineering school, which is expanding across the river from Cambridge, Mass., will be renamed the Harvard John A. Paulson School of Engineering and Applied Sciences.