Rasmuson Foundation Awards Almost $9 Million to Alaska Nonprofits

The Anchorage-based Rasmuson Foundation recently announced that it made grants totaling $8.6 million to 18 Alaska nonprofit organizations. This is one of the largest awards in the foundation’s history. “These uncertain economic times in Alaska have put a strain on many of the programs that fill a critical role in our state,” said Rasmuson Foundation […]

Washington University Receives $20M Gift for Scholarships

Washington University, based in St. Louis, has announced a $20 million pledge from trustee John F. McDonell. This is one of the largest single scholarship gifts in the history of the university. The pledge is to create a challenge fund in support of scholarships and fellowships for undergraduate, graduate, and professional students at Washington University, […]

Detroit’s Strategic Neighborhood Fund Gets $2.5 Million in Philanthropic Support

On June 1, the John S. and James L. Knight Foundation announced that they are investing $1.5 million in Detroit’s Strategic Neighborhood Fund. The Strategic Neighborhood Fund is a public-private partnership between the City of Detroit and Invest Detroit whose goal is to show that neighborhood redevelopment can be done in financially sound, sustainable, and […]

Successful Grad Gives Back, Makes Hefty Donation to Alma Mater

When Ken Mehlman graduated from Franklin & Marshall College in 1988, nobody knew who he was. At the time, he was just another college grad trying to make something of his life. But in the years since then, Mehlman has made quite the name for himself. He is now a distinguished political figure, lawyer, and […]

Millennials’ Activities Indicate They Will Likely Give More As They Age

It’s not surprising that Millennials aren’t busy giving copious amounts of money to charity. Saddled with student debt and low-paying jobs, many of them have all they can do to meet their basic needs. But according to a new study, there are signs that Millennials are poised to become very generous donors as they age. […]

Tax Reform Proposals Could Cost Nonprofits

According to a new report commissioned by Independent Sector, the tax reforms being proposed by Republican lawmakers and the Trump administration could decrease charitable giving by up to $13.1 billion. The report, Tax Policy and Charitable Giving, estimates that current proposals to lower the top marginal tax rate and raise the standard deduction could reduce […]

Food Banks Are Working to Serve Healthier Food

In a long-overdue moment of clarity, food security charities are starting to realize that poor people actually deserve to eat healthy food. And in doing so, they are starting to quietly revolutionize food banks. Probably since the beginning of food banks’ existence, these organizations have become a repository for well-meaning families’ unused canned goods and […]

Town & Country Names Top 50 Philanthropists of 2017

On May 8, the editors of Town & Country magazine shared the names of 50 men and women who are committed to changing the world through their philanthropy. Most of them are not household names, although a few are. Here are some of the people—with a combined giving power of $321 billion—who are making their […]

NASCAR Puts Philanthropy In High Gear

NASCAR CEO Brian France and his wife, Amy, have set the pace for the sport’s philanthropy. With a recent million-dollar partnership with Hassenfeld Children’s Hospital of New York at NYU Langone, the family has helped many children who otherwise may not have received medical care. “We don’t charge patients for our services, so we rely […]

$5 Million Gift Will Create Native American Artifact Museum

The University of Akron is the beneficiary of a new $5 million gift from long-time UA benefactors Jim and Vanita Oelschlager. The gift will be used to create the Oak Native American Museum as part of the Institute for Human Science and Culture. The museum will provide research opportunities and community access to the Oelschlagers’ […]