News

Seattle Philanthropist Quietly Gives Away Millions

Seattle Philanthropist Quietly Gives Away Millions

Posted March 12, 2003

An heiress to a media broadcasting empire has quietly given away more than $100 million over the last decade to support fine arts and affordable housing in Seattle, preserve nature in the region, and fund schools for children in developing countries....

Kansas City Foundations Scale Back Funding for Capital Campaigns

Posted March 7, 2003

A new survey shows that a record number of community-oriented building projects are being planned in the Kansas City area, but many are not expected to survive with the city's foundations scaling back funding for capital building campaigns....

McKnight Foundation Leads New Early Childhood Initiative

McKnight Foundation Leads New Early Childhood Initiative

Posted March 6, 2003

In partnership with six regional foundations in Minnesota, the McKnight Foundation has launched a $5.9 million initiative to identify and promote early childhood care and education opportunities in communities throughout the state....

AOL Time Warner Foundation to Move to New York City

Posted March 5, 2003

The foundation has announced that it will lay off employees and relocate the remaining staff from offices in Dulles, Virginia, to AOL Time Warner's corporate headquarters in New York City....

Maryland Nonprofits Fuel State's Employment Growth

Posted March 2, 2003

A new study finds that employment in Maryland's nonprofit sector grew 2.5 percent from 2000 to 2001, accounting for all of the state's private employment growth during that period....

Merrill Lynch to Launch First-of-Its-Kind Community Charitable Fund

Posted March 1, 2003

The new Merrill Lynch Community Charitable Fund will enable clients, with the guidance of a Merrill Lynch financial adviser and community foundation officials, to match their philanthropic goals with the charitable needs of one or more communities.....