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- Colleges See Prospective Donors Among New Students
From Forbes (AP), August 26, 2010: "On a growing number of campuses, first-year students are hearing another message. Please give. Not for tuition, but instead as a young donor. With alumni-giving rates at record lows and lagging state support of postsecondary education, public and private schools alike are focusing their efforts on building lifetime loyalty among still-impressionable students." Read more
- Strategy Key as Arts Groups Launch Simultaneous Campaigns
From Indianapolis Business Journal, August 21, 2010: "Last year was not the first time the arts landed a smaller piece of the pie, said Kathleen Kavanagh, senior executive vice president at Grenzebach Glier and Associates in Chicago, which is consulting with the Indianapolis Museum of Art on its strategy...Kavanagh said her firm’s cultural clients aren’t scaling back their goals, but they recognize it may take longer to achieve them.
- Nonprofit Healthcare Organizations Report Average Investment Returns of 18.8% for FY2009
Commonfund Press Release, August 4, 2010: "The average FY2009 total return on investable assets for 85 nonprofit healthcare organizations participating in the 2010 Commonfund Benchmarks Study of Healthcare Organizations was 18.8 percent (net of fees), a dramatic improvement over the -21.2 percent return reported for FY2008.
- Ross Perot Commits $20 Million to UT MD Anderson Cancer Center
MD Anderson News Release, August 18, 2010: "Dallas businessman and philanthropist H. Ross Perot has donated $20 million to The University of Texas MD Anderson Cancer Center for research to advance and design novel targeted therapies. The funds will be divided equally between two new initiatives at MD Anderson: an Institute for Personalized Cancer Therapy (IPCT) and a Center for Targeted Therapy (CTT)." Read more
- University of Colorado Hospital Foundation Announces Capital Campaign to Expand Cancer Center
Press Release, August 16, 2010: "The University of Colorado Hospital Foundation (UCHF) has announced a campaign to raise $20 million for the expansion of University of Colorado Cancer Center (UCCC). Since the University of Colorado Hospital’s (UCH) clinical services for cancer relocated to the Anschutz Medical Campus in November 2000, demand has nearly doubled." Read more
- Legacy of Ms. Juanita Kious Waugh Will Live On Through Her Generosity to Mayo Clinic
Press Release, August 12, 2010: "Mayo Clinic announced today that the late Ms. Juanita Kious Waugh of Brookston, Ind., bequeathed to Mayo Clinic more than $43 million, the third largest estate gift in Mayo Clinic's history. As a not-for-profit organization, Mayo Clinic relies on benefactor support for innovations in patient care, pioneering research and the education of future generations of physicians and allied health care providers." Read more
- University of South Carolina Has Record Haul in Private Donations Despite Poor Economy
From The State (South Carolina), August 11, 2010: "During the fiscal year that ended on June 30, South Carolina's unemployment rate averaged a painful 12 percent. Many of those who kept their jobs didn’t keep all of their pay. And those who kept their jobs and all of their pay saw their own cost of living – health care, food, gas – go up. But that didn’t matter to those the University of South Carolina reached out to for private donations.
- Pledge to Give Away Half Gains Billionaire Adherents
From the New York Times, August 4, 2010: "More than three dozen billionaires, including well-known philanthropists like David Rockefeller and Mayor Michael R. Bloomberg of New York and less familiar big donors like Lorry I. Lokey, founder of Business Wire, have promised at least half of their fortunes to charity, joining a program that Bill and Melinda Gates and Warren Buffett started in June to encourage other wealthy people to give." Read more
- Gifts bolster aid for UCLA students
From the UCLA Newsroom, August 4, 2010: "Advancing UCLA's efforts to generate endowed funds dedicated exclusively to aiding students, two longtime supporters have made pledges totaling $4 million to three separate campus units.The donations by Lynda R. and Stewart A. Resnick (through the Resnick Family Foundation) are part of the Bruin Scholars Initiative launched by Chancellor Gene Block in January 2009 to bolster predictable, ongoing funding earmarked for student support amid increasing fees and a diminished economy affecting family incomes.
- Chicago Names New Business School Dean
From the Wall Street Journal, July 28, 2010: "The University of Chicago's Booth School of Business ended its months-long search for a new dean, naming Sunil Kumar--currently the senior associate dean of academic affairs at Stanford University's Graduate School of Business--to head the school...His predecessor, Mr. Snyder presided over the school for 10 years and was instrumental in garnering a $300 million donation from financier David Booth, a record donation for a business school. Mr.