Memorial Sloan-Kettering Cancer Center

For Nonprofits, a Bigger Share of the Economy
March 10, 2014

The overall economy has been expanding slowly, but at least one sector is vibrant: nonprofits, which have been growing at a breakneck pace. From 2001 to 2011, the number of nonprofits in the United States grew 25 percent while the number of for-profit businesses rose by half of 1 percent, according to the most recent figures compiled by the Urban Institute.

Memorial Sloan-Kettering Receives $50 Million in Honor of Josie Robertson
December 27, 2011

Memorial Sloan-Kettering Cancer Center has joined with The Robertson Foundation to undertake two high-profile initiatives in honor of Josephine “Josie” Robertson: the Josie Robertson Surgery Center and the Josie Robertson Investigators Program.

Helping to make the tribute a reality is a $50 million commitment from The Robertson Foundation, which was established in 1996 by Mrs. Robertson and her husband, legendary investor Julian H. Robertson, along with their family.

Forbes Unveils the 200 Largest U.S. Charities for 2011
December 1, 2011

Take a look at Forbes' 13th annual list of the 200 Largest U.S. Charities. They aren’t even 2/100th of 1 precent of the country’s 1.2 million tax-exempt organizations. Yet in their most recent fiscal year the Forbes Charity 200 collectively received $41 billion in gifts — one-seventh of all charitable contributions.

The rankings are based on the amount of private gifts (as opposed to government grants, fee for service or investment revenue) received in the latest fiscal period.

Are Charity Walks and Races Worth the Effort?
June 13, 2011

Every year tens of millions of Americans ask friends to sponsor them in events ranging from 3-mile "fun runs" to 100-mile bike treks. The largest such event — the American Cancer Society's Relay for Life — raised more than $400 million last year. Meanwhile, the ever-growing movement includes tens of thousands of tiny "thons," collecting for schools, hospitals and homeless shelters. As soon as the weather warms, the walkathoners take to the streets, proudly parading in their oversize T-shirts and ribbon pins.

Charities Gain Traction in Marathons
October 25, 2010

In the field of 43,000 at the New York City Marathon, 7,400 will be running for charity, an increasingly viable way to get into the coveted race for those who do not beat the long lottery odds, qualify by time or live near enough to participate in 10 required races in New York.

Running for charity has been a common way to enter other major marathons for decades.

Druckenmiller Sends Millions to Children, Robin Hood
August 31, 2010

Last year, billionaire fund manager Stanley F. Druckenmiller shifted $700 million of his own money to his family foundation. Before the transfer, the foundation had assets of about $6.5 million.

Transferring a quarter of his reported net worth to the nonprofit earned Druckenmiller the Chronicle of Philanthropy’s No. 1 ranking of largest individual charitable contributions in 2009. That year, he and his wife, Fiona, gave $100 million to New York University’s Langone Medical Center to create a neuroscience institute.