Archive for the ‘Philanthropy’ Category

WEEKLY NEWS DIGEST (August 19-25, 2013)

Monday, August 26th, 2013

PHILANTHROPY

Donor of the Day: Martin D. Sass; The Sass Foundation’s Chairman Plant Seeds for the Cancer War.” By Melanie Grayce West. Wall Street Journal. August 18, 2013.

Donor of the Day: The 3,500-Mile Summer; Alex Tabet Rides Cross Country for the Ride 2 Recovery.” By Melanie Grayce West. Wall Street Journal. August 21, 2013.

Nerd Philanthropy: A charity called GiveDirectly is trying to help poor people in the developing world in an unusual way: It gives them money with no strings attached. This is a somewhat radical idea in the charity world.” By Jacob Goldstein. All Things Considered/National Public Radio. August 23, 2013.

Can we trust Silicon Valley’s do-gooders? Out of America: First Bill Gates’s malaria mission, now Mark Zuckerberg’s global ambition. Philanthropy from profits seems to be the way forward.” By Tim Walker. Independent. August 25, 2013.

The Clintons launch a new campaign — for the foundation that bears their name.” By Philip Rucker and Tom Hamburger. Washington Post. August 24, 2013.
Related story:
Clintons host foundation fundraiser; The fundraiser is the first of several in a push to raise a $250 million endowment.” Politico.com. August 25, 2013.

WEEKLY NEWS DIGEST (August 12-18, 2013)

Wednesday, August 21st, 2013

PHILANTHROPY

Charity Loses an Ally After Connecticut Crash; Plane’s Pilot Was Generous Donor in Seattle-Area Philanthropic Community.” By Ted Mann and Will James. Wall Street Journal. August 11, 2013.

Donor of the Day: A ‘Home’ for Donors Interested in Education Reform; A Family Foundation Invests in Trust for Learning.” By Melanie Grayce West. Wall Street Journal. August 12, 2013.

Donor of the Day: Giving With Heart; Carrying on a Legacy of Cardiovascular.” By Melanie Grayce West. Wall Street Journal. August 13, 2013.

Unease at Clinton Foundation Over Finances and Ambitions.” By Nicholas Confessore and Amy Chozick. New York Times. August 13, 2013.
Related story:
Money, Money, Money, Money, MONEY!“. By Maureen Dowd. New York Times. August 18, 2013.

Sandberg’s Lean In Called For an Unpaid Intern – And That’s Apparently Legal.” By Blair Hickman. ProPublica,com. August 15, 2013.

WEEKLY NEWS DIGEST (August 5-11, 2013)

Monday, August 12th, 2013

PHILANTHROPY

Donor of the Day: Setting a Path for College; Support from Students Starting After Sixth Grade.” No by-line. Wall Street Journal. August 5, 2013.

A Save-the-World Field Trip for Millionaire Tech Moguls.” By Max Chafkin. New York Times. August 8, 2013.

WEEKLY NEWS DIGEST (July 29-August 4, 2013)

Monday, August 5th, 2013

PHILANTHROPY

How Andrew Carnegie Turned His Fortune Into A Library Legacy.” Morning Edition/National Public Radio. August 1, 2013.

Donor of the Day: Socialite Supports Southampton Hospital.” By Mike Vilensky, Wall Street Journal. August 1, 2013.

Donor of the Day: Unused Beatles Tickets Pay a Year’s Tuition; Missed 1964 Taping of ‘The Ed Sullivan Show’ Leads to School Funds.” By Melanie Grayce West. Wall Street Journal. August 2, 2013.

WEEKLY NEWS DIGEST (July 22-28, 2013)

Monday, July 29th, 2013

PHILANTHROPY

Howard Buffett Battles Hunger, Armed With Money And Science.” All Things Considered/National Public Radio. July 23, 2013.

Donor of the Day: Competition Benefits Children With Cancer; RBC Capital Markets has raised over $2 million for research.” By Melanie Grayce West. Wall Street Journal. July 24, 2013.

Donor of the Day: Setting Up Needy Students for Success; M. Brian Maher Feeds New Jersey SEEDS.” By Melanie Grayce West. Wall Street Journal. July 26, 2013.

Sam Simon, ‘The Simpsons’ Co-Creator Dying From Cancer, To Donate Fortune To Charity.” By Eleanor Goldberg. Huffington Post. July 26, 2013.

The Charitable-Industrial Complex.” By Peter Buffett. New York Times. July 26, 2013.

WEEKLY NEWS DIGEST (July 15-21, 2013)

Monday, July 22nd, 2013

PHILANTHROPY

“Warren Buffett is mentor in course on giving.
” By Josh Funk. Boston Globe/ Associated Press. July 15, 2013.

WEEKLY NEWS DIGEST (July 8-14, 2013)

Monday, July 15th, 2013

PHILANTHROPY

Buffett Gives $2 Billion to Gates Foundation.” By William Alden. New York Times. July 8, 2013.

Alum Makes a Mark With Baruch Park; A Gift of $1 Million for New Pocket Park.” By Melanie Grayce West. Wall Street Journal. July 11, 2013.

WEEKLY NEWS DIGEST (June 24-30, 2013)

Monday, July 1st, 2013

PHILANTHROPY

Funding Science With Scholarships; Lumber Liquidators Founder Gives Scholarships to Science-Minded Teens.” By Melanie Grayce West. Wall Street Journal. June 23, 2013.

Couple’s Gift Keeps Summer in Swing; Christopher and Janice Savin Williams Support Midsummer Night Swing.” Melanie Grayce West. Wall Street Journal. June 24, 2013.

WEEKLY NEWS DIGEST (June 10-16, 2013)

Monday, June 17th, 2013

PHILANTHROPY

Donor of the Day: Foundation With ‘A Life of Its Own’; More than $10 Million Donated to Self-Sustaining Causes.” By Melanie Grayce West. Wall Street Journal. June 10, 2013.

Donor of the Day: A Breath of Fresh Air, Plus Cocktails; Roger Silverstein and Family Have Long Supported National Jewish Health.” By Melanie Grayce West. Wall Street Journal. June 11, 2013,

Donor of the Day: Aligning Donors To Fight Diabetes.” By Melanie Grayce West. Wall Street Journal. June 12, 2013.

Above the law: America’s worst charities.” By Kris Hundley and Kendall Taggart. CNN. June 13, 2013.
Related story:
America’s 50 worst charities rake in nearly $1 billion for corporate fundraisers.” By Kris Hundley and Kendall Taggart. Tampa Bay Times. June 6, 2013.

Boston Bombing Charity Raises Over $46 Million.” By Jennifer Levitz. Wall Street Journal. June 14, 2013.
Related story:
Volunteers, companies help Marathon bombing victims.” Boston Globe. June 15, 2013.

Donor of the Day: Cancer, One Step at a Time.” By Melanie Grayce West. Wall Street Journal. June 14, 2013.

WEEKLY NEWS DIGEST (May 6-12, 2013)

Monday, May 13th, 2013

PHILANTHROPY

Donor of the Day: Supporting ‘No. 1′ Causes.” By Melanie Grayce West. Wall Street Journal. May 6, 2013. The late real-estate financier William “Bill” P. Carey wanted to ensure the institutions of the city were as good as they could be for him and for everybody else. New York-Presbyterian/Weill Cornell Medical Center was among the institutions that Mr. Carey, who died in 2012 at the age of 81, supported. Before his death, his foundation donated $5 million to the hospital to expand its emergency care. A dedication ceremony of the 5,200-square-foot space and 15 private treatment rooms in the emergency care department was held last week on the 40th anniversary of W.P. Carey Inc., the New York-based investment-banking firm Mr. Carey founded. The treatment area will now be known as the W.P. Carey Emergency Unit. Mr. Carey’s nephew, Francis “Jay” J. Carey, is the president of the W.P. Carey Foundation. He says that his uncle’s gift was partly motivated by a willingness to give back to the hospital where the late Mr. Carey received care. His uncle, who had an encyclopedic knowledge of rankings—be it college or hospital rankings—also enjoyed supporting things that were “No. 1″ in rankings. “Bill enjoyed associating with things that were the best, donating to things that were the best and keeping them that way,” according to his nephew. The W.P. Carey Foundation primarily supports education and causes in Baltimore, where the history of the Carey family dates back to the 1700s. The late Mr. Carey donated $50 million to Johns Hopkins University to create a business school. In 2007, the university launched the Carey Business School, so named for Bill Carey’s great-great-great-grandfather. The late Mr. Carey also cared deeply for New York City, says his brother, Francis “Frank” J. Carey, the chairman of the executive committee of W.P. Carey Inc. He supported the arts and liked to give large gifts that would make a difference. He also kept an eye on his gifts and was vocal about what should and shouldn’t be done with a donation, according to his nephew and brother, who are now continuing the late Mr. Carey’s vision through his foundation. “He really cared about it. He didn’t just give the money away,” said Jay Carey.

Donor of the Day: Two Decades of Work in the Bronx.” By Melanie Grayce West. Wall Street Journal. May 7, 2013. Landon Slane believes that every person deserves quality education and that children who don’t learn in a typical academic fashion can be reached through arts-based learning. Ms. Slane, 46 years old, is the chief executive, co-founder and co-designer of Slane, a New York-based jewelry company. She runs the company with her sister, Heath Slane. Ms. Slane says she entered the jewelry business in a roundabout way after pursuing a master’s degree in social work and a stint working in film production. Around the same time she and her sister launched their jewelry company—more than 15 years ago—Ms. Slane became involved in the then fledgling Bronx-based organization, DreamYard, a charity that uses arts-based education to reach inner-city children and encourage them to pursue higher education. The organization’s focus on creativity and arts spoke to Ms. Slane’s various passions and she began volunteering. DreamYard “combined all of my interests,” she says. “It became an outlet for me in New York.” The charity and the jewelry company have grown in tandem, says Ms. Slane, who is a board member for the organization. She has donated some $85,000 to DreamYard over the years, growing her involvement with her giving. “While one is a for-profit and one is a nonprofit, we’ve gone through a lot of the same growing pains at the same time,” she says. “It’s been such an honor for me to work from the ground up with them.” Today, DreamYard reaches some 8,500 children from kindergarten through high school more than 40 public schools. The organization also operates its own art center and high school. The charity says that students that enroll in DreamYard’s four-year program all go on to a college.

Donor of the Day: A Donor’s Invisible Link to Ireland.” By Melanie Grayce West. Wall Street Journal. May 8, 2013. When Loretta Brennan Glucksman, the chair of the American Ireland Fund, wants to sell a philanthropic project to a potential donor, all she has to do is make sure that the would-be philanthropist takes a trip to Ireland. “If you can get them first to Ireland, to see the place and feel the people and to the project, that’s the best sales pitch,” says Ms. Glucksman, 75 years old. That approach is one she learned from her late husband, veteran Wall Street trader Lewis L. Glucksman, who died in 2006. He took her on her first trip to the country in the late 1980s and sold her on its charms, beauty, the people and its culture. Mr. Glucksman, a New Yorker and of Hungarian-Jewish descent, had come to love Ireland as a young Navy officer during World War II. He’d spent his furloughs in the country tracking the paths of the Irish writers he adored.
Mr. Glucksman loved Irish literature. He was never happier than when he was on the waters around Ireland, taking in the air, peace and solace, according to Ms. Glucksman. The consummate boater—he liked motors and navigation—he once bought an ice breaker from the government of Norway and sailed it into Kinsale harbor in County Cork, Ireland. Mr. Glucksman was Irish at heart. Ms. Glucksman is Irish by birth, the granddaughter of immigrants. Together, supporting Irish causes and charities became a passion. Over the years, some $27 million was given by the couple to the American Ireland Fund in support of various organizations and projects, including the Glucksman Ireland House at New York University, which the couple founded in 1993. The American Ireland Fund is part of the Worldwide Ireland Fund, founded in 1976, which raises money for worthy causes in Ireland and around the world. Under Ms. Glucksman’s tenure as chair of the American fund, the organization has grown to be a force in private funding for nonprofits in Ireland. Her vision for the fund is that it will continue “to grow to represent the very real and sometimes ephemeral and unexplainable bond between Ireland and her diaspora.” “People leave Ireland but they never let her go,” says Ms. Glucksman. “There is this wonderful umbilical that stays attached. I can’t explain it, but I’ve seen it in operation.”

Why Bill Gates Thinks Ending Polio Is Worth It.” By Michaeleen Doucleff. All Things Considered/National Public Radio. May 8, 2013. Some critics say that ending polio has become Bill Gates’ “white whale.” Why not just settle for the huge drop in polio cases that we’ve seen over the past decade and then spend money on other things that kill so many more kids, like diarrhea and malnutrition? “Polio is special,” Gates tells NPR’s Robert Siegel on All Things Considered. “Once you get it done, you save $2 billion a year that will be applied to those other activities. There’s no better deal economically to getting to zero.” And Gates is putting his money — and his effort — where his passion is. “Polio alone, for the last year, has been the majority of my time because we were having to really decide: Do we double down? Do we do this right?” he says. In the end, he and his foundation calculated that to do it right and wipe out polio worldwide, it would about $5.5 billion over six years.