News

Long Family Pledges $10 Million to Help Hispanic Youth in Texas

Posted January 14, 2002

Joe R. Long and Teresa Lozano Long have pledged $10 million to establish an endowment at the Long Foundation to help Hispanic youth in Texas through America's Promise, the national program started by General Colin Powell to help disadvantaged youth....

Joyce Foundation Appoints New President

Joyce Foundation Appoints New President

Posted January 13, 2002

Ellen Alberding will take over the presidency of the Joyce Foundation in February, succeeding Paula DiPerna, who resigned last November....

San Diego Symphony to Receive $100 Million From Qualcomm CEO

San Diego Symphony to Receive $100 Million From Qualcomm CEO

Posted January 11, 2002

The San Diego Symphony has announced that it will receive a $100 million gift -- the largest individual donation ever made to a U.S. orchestra -- from Irwin Jacobs, the CEO of wireless technology company Qualcomm, and his wife Joan....

Facing Budget Shortfalls, Cities Ponder Taxing Nonprofit Property

Posted January 10, 2002

The city of Bridgeport, Connecticut, is levying property taxes against nonprofits that provide housing to the needy, prompting some nonprofits to file suit against the city, while nonprofits in New Orleans have recently won tax-exempt status....

Weill Cornell Medical College Receives $150 Million

Weill Cornell Medical College Receives $150 Million

Posted January 9, 2002

Sanford I. Weill and his wife Joan, Maurice R. Greenberg and his wife Corinne, and the Starr Foundation have donated a total of $150 million to the medical college at Cornell University to help kick off the college's $750 million capital campaign....

Gates Foundation Gives $7.5 Million to Combat AIDS in Africa

Posted January 9, 2002

The Bill & Melinda Gates Foundation has awarded a $7.5 million grant to the Alan Guttmacher Institute to conduct an investigation into why young people in Africa engage in risky sexual behavior that leads to the contraction of HIV/AIDS....

San Francisco Foundation Awards $1.4 Million to Area Nonprofits

Posted January 7, 2002

The sixth and last round of grants for 2001 will fund organizations addressing homelessness; affordable housing; economic, neighborhood, and workforce development; and organizations building diversity and participation in arts and culture....

MIT Receives $20 Million for New Technology Center

MIT Receives $20 Million for New Technology Center

Posted January 4, 2002

The Massachusetts Institute of Technology has announced a $20 million gift from Desh Deshpande, the co-founder of networking-equipment maker Sycamore Networks, and his wife Jaishree to build a new center for technological innovation....

Largest Gifts to Charity Lower in 2001

Largest Gifts to Charity Lower in 2001

Posted January 3, 2002

The ten largest charitable gifts from individuals in 2001 totaled $4.6 billion, down nearly 60 percent from the $11.07 billion recorded a year earlier. Of the top ten gifts, five were made to universities and one to a medical research institute....

Bard College Receives $120 Million From Trustees

Bard College Receives $120 Million From Trustees

Posted January 2, 2002

The gift to Bard seems to defy the fears of many colleges that the sluggish economy and the outpouring of donations to the September 11 efforts would reduce funding to higher education institutions this year....

Cleveland Foundation Announces Fourth Quarter Grants

Posted January 1, 2002

The Cleveland Foundation's board of trustees has approved more than $15 million in grants and loans to Cleveland-area nonprofits serving a variety of causes, including economic development, arts, and education, at its fourth-quarter meeting....

British Red Cross Launches Disaster Relief Fund

British Red Cross Launches Disaster Relief Fund

Posted December 29, 2001

The fund is being launched in the aftermath of the September 11 terrorist attacks that prompted an outpouring of donations worldwide for victims of those attacks and the subsequent military action in Afghanistan....