Philanthropy news
Philanthropy News Digest publishes daily abstracts of original articles, press releases, and grantmaker communications about grants, initiatives, reports, and personnel changes.
Irvine Foundation Awards $3.8 Million to Support California Community Foundations
June 13, 2005The foundation's new Community Foundations Initiative supports philanthropic resources in regions of California that have been traditionally underserved by organized philanthropy, particularly inland regions....
People in the News (6/12/05): Appointments and Promotions
June 12, 2005The latest staff and board announcements from the philanthropic sector....
Community Development Banker Named Winner of 2005 John W. Gardner Award
June 10, 2005The Gardner Award was established in 1985 to honor an outstanding American who exemplifies the leadership and ideals of John W. Gardner, the founding chairperson of Independent Sector....
David Rockefeller Pledges $100 Million to Rockefeller University
June 10, 2005Just shy of 90, Rockefeller has given away more than half a billion dollars in his lifetime....
Foundation Endowments Up 11.4 Percent in 2004, Study Finds
June 10, 2005According to a report from the Commonfund Institute, respondents from private, community, and public foundations reported an average total return of 11.4 percent, compared with 17 percent the previous year....
Give2Asia Announces $2 Million in Grants to Support Post-Tsunami Recovery Efforts
June 9, 2005More than thirty health, education, economic, environmental, and social service organizations that were identified by local staff and advisers in the affected countries have received funding for mid- and long-term rebuilding needs....
Senate Finance Committee Questions Nature Conservancy Practices, Calls for Changes
June 9, 2005Following a two-year investigation, the committee has issued a report that raises questions about a range of financial practices at the environmental group and recommends regulatory changes that would affect many of the nation's nonprofits....
Oxford University Receives $100 Million Gift from Computing Pioneer
June 9, 2005The gift from James Martin will provide the university with approximately $5 million per year in perpetuity and will fund the new James Martin 21st Century School at Oxford....
New York University Receives $10 Million for Social-Entrepreneurship Program
June 8, 2005The grant will be used to create fellowships for twenty-three graduate students and twenty juniors and seniors....
Indiana Nonprofit Job Growth Outpaces For-Profit, Government Sectors, Study Finds
June 8, 2005Nonprofit employment increased by more than 5 percent between 2000 and 2003, while for-profit employment in the state decreased by almost 6 percent and government employment increased by nearly 3 percent....
California Endowment Expands Health Care for Underserved
June 8, 2005With more than $3 billion in assets and a mission to expand health care in underserved communities, the endowment has made more than 6,000 grants totaling $1.3 billion in the decade since it was created....
San Francisco State Receives $10 Million for New Arts Center
June 7, 2005The new center will contain instructional and performance spaces, including a 1,200-seat auditorium, 450-seat theater, 350-seat recital hall, and 250-seat "black box" theater — enhanced by a multi-story, glass-enclosed lobby....
Arts Institutions Prefer Long Courtships When It Comes to Donors
June 7, 2005In an era when mega-millionaires are made — and unmade — faster than ever, cultural groups have grown more cautious of whose money they are taking....
African Medical and Research Foundation Receives 2005 Gates Award for Global Health
June 7, 2005The $1 million award, which is administered by the Global Health Council, recognizes extraordinary achievement in improving health in the developing world, and is the world's largest prize for international health....
McKnight Foundation President to Step Down
June 6, 2005Rip Rapson, who has served as president of the Minneapolis-based foundation since 1999, will stay on as a senior fellow, working both locally and nationally on a series of projects focused on the changing nature of metropolitan and rural communities....
Burlington Community Land Trust Receives $1 Million
June 5, 2005The gift from Lois McClure will support the creation of affordable homes in Vermont's Chittenden, Franklin, and Grand Isle counties....
Peninsula Community Foundation Awards $1 Million to Nineteen Nonprofits
June 5, 2005The grants will support nonprofit agencies providing a broad range of services throughout San Mateo and northern Santa Clara counties....
GreatSchools Receives $5.2 Million to Expand K-12 Information Initiatives
June 4, 2005The funds will enable the San Francisco-based organization to focus on expanding its geographic coverage to a total of thirty states encompassing 90 percent of the nation's population of K-12 students....
Lannan Foundation Taps Cornel West for Cultural Freedom Prize
June 6, 2005The author, lecturer, and professor of philosophy, religion, and African-American studies at Princeton will receive $350,000....
Maddie's Fund Receives $93 Million Gift for Animal Welfare Initiatives
June 6, 2005The gift from PeopleSoft founder Dave Duffield and his wife, Cheryl, builds on an earlier $200 million gift from the couple....
Merrill Lynch Awards $5 Million to Sesame Workshop for Financial Literacy Initiative
June 4, 2005Through its WorldwideKids initiative, Sesame Workshop will provide multi-media educational tools and resources to educators, caregivers, and parents to help them equip three- to six-year-olds with essential life skills....
Grameen Foundation Receives $9 Million to Finance Micro-Loans
June 4, 2005Grameen establishes partnerships with local financial institutions, which in turn make micro-finance loans to help the world's poorest people start their own income-producing ventures....
People in the News (6/05/05): Appointments and Promotions
June 5, 2005The latest staff and board announcements from the philanthropic sector....
Pew Charitable Trusts Announces Arts Fellowship Recipients for 2005
June 3, 2005The annual Pew Fellowships in the Arts program awards $50,000 stipends to allow artists to focus on their art....
Kresge Foundation President to Retire in June 2006
June 3, 2005Under John E. Marshall III's leadership, the foundation launched several national initiatives, including its Science Initiative, which has provided $50 million to date to purchase and endow scientific equipment, primarily at educational institutions....
