Philanthropy news
Philanthropy News Digest publishes daily abstracts of original articles, press releases, and grantmaker communications about grants, initiatives, reports, and personnel changes.
Charity Watchdogs Use Varying Rating and Ranking Criteria, Study Finds
April 5, 2005The report assessed national rating, ranking, and standards-setting entities that are national in scope or that are being replicated across the country and that focus on diverse charitable organizations rather than specialized groups....
Foundation Center Announces Estimates for 2004 Foundation Giving
April 4, 2005The survey polls grantmakers on 2005 giving and accountability issues....
People in the News (4/03/05): Appointments and Promotions
April 3, 2005The latest staff and board announcements from the philanthropic sector....
UC Irvine Receives $30 Million to Recruit Top Faculty and Graduate Students
April 4, 2005The gift from entrepreneur and philanthropist Paul Merage is the largest ever received by the university....
Kaiser Foundation Launches Global Health News Web Site
April 4, 2005The new site will provide the latest news and information about HIV/AIDS, TB, and malaria by country....
Wyeth Pharmaceuticals Awards $3 Million to CDC Foundation for Hemophilia Study
April 2, 2005Scientists in CDC's hereditary blood disorders unit will collaborate with selected hemophilia treatment centers to gather data about the development of inhibitors and evaluate the risk factors associated with the occurrence of a bleeding episode....
Union Pacific Foundation Awards $8 Million in Grants
April 3, 2005The grants will support heath and human services and education initiatives, including the expansion of the foundation's Principals' Partnership....
Poetry Foundation President Hopes to Broaden Audience
April 1, 2005A year into his tenure, Wall Street veteran John Barr continues to balance the demands of pitching poetry to a seemingly indifferent public while serving as steward of a $100 million gift from the estate of heiress Ruth Lilly....
Benefits of Universal Preschool in California Outweigh Costs, Study Finds
April 1, 2005According to The Economics of Investing in Universal Preschool Education in California, for every dollar invested in preschool education the state stands to gain $2.62 ....
Years of Inflation, Spending Still Outstrip University Endowment Gains, Study Finds
April 1, 2005A new study finds that an unusually high average one-year return rate of 15.1 percent for fiscal year 2004 helped colleges and university endowments, but did not erase several recent years of investment losses or negligible returns....
Funding for Victims of Latest Earthquake Sufficient, UN Says
April 3, 2005Representatives of three UN agencies, as well as the International Federation of Red Cross and Red Crescent Societies, reported that staff was already moving into the newly affected areas, and food and medical supplies were on the way....
Manhattan Real Estate Market Has Nonprofits Thinking 'Sell'
March 31, 2005Thirty-two organizations acquired Manhattan properties with a combined value of $293 million in 2004, while thirty-two others sold properties for almost $582 million....
Beard Foundation Welcomes New Trustees, Dissolves Old Board
March 31, 2005The culinary charity has restructured its board of trustees as part of a reorganization designed to strengthen its professionalism and commitment to financial discipline, transparency, and good governance....
Gates, Broad Foundations Fund $45 Million Education Web Site
March 31, 2005The site, SchoolMatters, enables educators in a given school to find other schools with similar demographics and better academic performance, a useful start for schools and districts looking to develop comprehensive improvement programs....
Keck Foundation Awards $20 Million to Graduate Institute
March 30, 2005The grant to the Keck Graduate Institute of Applied Life Sciences will support curricular and research initiatives in the biosciences, including fellowship assistance to students....
Philanthropy on the Rise in Las Vegas
March 30, 2005Area nonprofits have been the beneficiaries of record-breaking donations, such as the $50 million gift in March from the Donald W. Reynolds Foundation for a performing arts center downtown....
United Way Asks Silicon Valley Nonprofits to Document Results
March 30, 2005Responding to donor concerns about how their money is used, the United Way Silicon Valley will identify community problems it wants to tackle and will give money to nonprofits that help it meet specific goals in these areas....
Koret Foundation Awards $1 Million to Berkeley's Bancroft Library
April 2, 2005The library, which celebrates its centennial this year, plans to replace or upgrade its computer network, elevators, plumbing and air conditioning, research and teaching areas, and preservation capabilities....
California Endowment Announces Childhood Obesity Prevention Initiative
April 4, 2005The foundation has announced grants totaling $11 million to six community partnerships to fight obesity and its consequences among California children....
Pittsburgh Foundation Adds $40 Million in Donor-Advised Funds
April 2, 2005The addition of sixty-four funds and thirty-five deferred gifts in 2004 brought the foundation's assets to $623 million....
Percentage of People with Health Coverage Declined in 2003, Report Finds
March 29, 2005According to a report from the U.S. Census Bureau, the number of Americans without health insurance increased by 1.4 million in 2003....
Giving to Nonprofits With Corporate Board Ties Raises Questions
March 29, 2005Companies say the donations don't affect board members' independence, while critics counter that big donations can create a clubby atmosphere that may make directors less likely to challenge management....
Upstate New York Foundations Struggle to Respond to Fiscal Crisis
March 29, 2005Most grantmakers agree it's not the role of foundations to step in when the public sector is unable to meet its funding obligations....
American Association for Higher Education to Dissolve
March 28, 2005After nearly four decades at the forefront of the movement to improve higher education, the D.C.-based AAHE has announced that it will cease operations later this year....
Tom Golisano Donates $9 Million to Rochester General Hospital
March 28, 2005The gift will establish the B. Thomas Golisano Pavillion and Emergency Center, which will include a new emergency room, a cardiothoracic intensive care unit, and a vascular laboratory....
