News

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....

Economic Downturn May Boost Donor Involvement at Nonprofits

Economic Downturn May Boost Donor Involvement at Nonprofits

Posted December 20, 2001

The slowing economy is hurting the nonprofit sector's fundraising efforts far more than the diversion of donations to September 11 efforts, but the downturn may ultimately have a positive effect on nonprofits by increasing donor involvement....

Group Completes Preparatory Work for UN Global AIDS Fund

Group Completes Preparatory Work for UN Global AIDS Fund

Posted December 19, 2001

The group laying the groundwork for the United Nations' Global Fund to Fight AIDS, Tuberculosis and Malaria has completed its work, paving the way for the Fund's board to create a framework document and begin operations....

Home Depot Founders Transform Atlanta's Philanthropy

Posted December 18, 2001

Bernard Marcus and Arthur M. Blank, the founders of Home Depot, Inc., are changing the philanthropic landscape in the city of Atlanta, which has mostly benefited from the wealth of Coca-Cola Co. in the last century....