News

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....

Red Cross Announces Independent Overseer of Liberty Fund

Red Cross Announces Independent Overseer of Liberty Fund

Posted December 28, 2001

The Red Cross has announced that it will spend $317.5 million of its Liberty Disaster Fund on aid to families affected by the September 11 terrorist attacks and that former Senate Majority Leader George Mitchell has agreed to oversee the Fund....

New York Times 9/11 Neediest Fund Announces New Grants

New York Times 9/11 Neediest Fund Announces New Grants

Posted December 27, 2001

The New York Times Company Foundation awarded grants to three organizations in the Washington, D.C. area to benefit people whose lives have been affected by the terrorist attacks of September 11.

Number of Homeless Increasing in U.S. Cities

Number of Homeless Increasing in U.S. Cities

Posted December 25, 2001

A survey by the U.S. Conference of Mayors found that requests for emergency shelter in twenty-seven cities had increased an average of 13 percent over last year....