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September 8, 2008 12:57:53 PM CDT

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Stories related to: philanthropy

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  • September 2008

    • Broad Donates $400M for Gene Research

      Boston Globe  |  Sep 4, 08 3:08 PM CDT

      Broad Donates $400M for Gene Research

      (Newser) - Eli and Edythe Broad plan to donate $400 million more to the Massachusetts foundation they started 4 years ago to research the genetic causes of disease, the Boston Globe reports. “It's the biggest investment we've ever made,” said Broad, whose gift to the joint Harvard/MIT venture is the largest donation ever to a US academic concern for such work. “We think the returns are just great from what we've seen so far.” More »

      Tags

      philanthropy  • endowment  • genetic research  • human genome  • Eli Broad  • Cambridge

  • August 2008

    • Muslim Charities Seek US Seal of Approval

      Wall Street Journal  |  Aug 13, 08 5:01 PM CDT

      Muslim Charities Seek US Seal of Approval

      (Newser) - Muslim charities will voluntarily open up their books to the Better Business Bureau in the hopes of gettiing donors to reach for their wallets again, the Wall Street Journal reports. A coalition of groups requested the BBB's seal of approval to counter the stigma felt since the Sept. 11 attacks. Donations to Muslim charities in the US have withered since the Treasury Department alleged in 2001 that some were funding terrorism. More »

      Tags

      terrorism  • charity  • philanthropy  • 9/11 attacks  • American Muslims  • Better Business Bureau

  • July 2008

    • Gates Urges Companies to Get Creative to Improve Lives

      Time  |  Jul 31, 08 6:04 PM CDT

      Gates Urges Companies to Get Creative to Improve Lives

      (Newser) - Bill Gates tweaks his corporate colleagues with an essay in Time urging businesses to look harder for ways to extend the benefits of capitalism to a greater portion of the global population. As a philanthropist, he says, he recognizes the need for nonprofit work, but as a businessman, he knows that only corporations have the resources to improve people’s lives on a grand scale—they just need incentives. More »

      Tags

      Bill Gates  • poverty  • philanthropy  • malaria  • capitalism  • humanitarian  • incentives

    • Bloomberg, Gates Take On Smoking

      Associated Press  |  Jul 23, 08 1:20 PM CDT

      Bloomberg, Gates Take On Smoking

      (AP) - Microsoft founder Bill Gates and New York Mayor Michael Bloomberg are pooling their piles of money and pouring $375 million into a global effort to cut smoking. The two philanthropists—who have a combined worth of more than $70 billion—say the new effort will target developing countries where tobacco use is highest. More »

      Tags

      Michael Bloomberg  • smoking  • Bill Gates  • cigarettes  • philanthropy  • billionaires  • anti-smoking

    • Investor Templeton Dies at 95

      Washington Post  |  Jul 8, 08 9:08 PM CDT

      Investor Templeton Dies at 95

      (Newser) - Influential investor and philanthropist John Marks Templeton has died at age 95. The founder of Templeton Mutual Funds, one of the biggest investment funds in the world, died in the Bahamas, the Washington Post reports. In 1999, Money magazine called him "arguably the greatest global stock picker of the century." He also founded the prestigious Templeton Prize to honor research in the realm of religion and science. More »

      Tags

      obituary  • philanthropy  • investor

  • June 2008

    • Teary Farewell for Gates

      Seattle Times  |  Jun 27, 08 4:18 PM CDT

      Teary Farewell for Gates

      (Newser) - Microsoft celebrated Bill Gates’ last day as a full-time employee today, the Seattle Times reports. More than 800 employees, family members and friends shared memories at the company’s corporate conference center in Redmond, Wash. CEO Steve Ballmer bid a tearful farewell to his longtime friend: "We've been given a enormous opportunity, and Bill gave us that opportunity," he told the audience. More »

      Tags

      Microsoft  • technology  • Bill Gates  • Steve Ballmer  • philanthropy  • computer programming  • computer science  • Redmond

    • Prize Philanthropy: A Winning Concept

      Portfolio  |  Jun 12, 08 12:53 PM CDT

      Prize Philanthropy: A Winning Concept

      (Newser) - When the X-Prize foundation offered $10 million to anyone who could develop a viable commercial spacecraft, it didn’t just send innovators scurrying, and it didn’t just grab headlines. It also began the next big trend in philanthropy. Donors are in love with prize philanthropy, Portfolio reports, and causes are ditching grants in favor of open contests, hoping to spur innovation. More »

      Tags

      philanthropy  • innovation  • contest  • space flight  • invention  • prize

  • May 2008
  • April 2008

    • Harvard Gets $100M From Rockefeller

      New York Times  |  Apr 25, 08 3:02 PM CDT

      Harvard Gets $100M From Rockefeller

      (Newser) - Harvard fund managers rejoice! The university will get to stock its coffers, already $35 billion strong, with a $100 million gift from David Rockefeller, the largest ever by an alumnus, the New York Times reports. The money will be used to expand the university's arts program and help more students study abroad. “I was a student, class of 1936," said the billionaire banker. "My experiences there shaped who I am.” More »

      Tags

      Harvard  • philanthropy  • Ivy League  • endowment

    • Peru Distributes '$100 Laptop'

      MIT Technology Review  |  Apr 24, 08 3:18 PM CDT

      Peru Distributes '$100 Laptop'

      (Newser) - One Laptop per Child got a bumpy start, with the “$100 laptop” soaring to $188, for-profit competitors snatching customers, and developing countries hesitating to buy. But the true test for the nonprofit comes now, as Peru prepares to send 486,500 computers to its poorest schoolchildren. The country faces daunting obstacles, but rural kids testing the laptops are enthusiastic, reports Technology Review . More »

      Tags

      philanthropy  • Peru  • developing countries  • One Laptop Per Child  • XO laptop

    • Bill's Charity Linked to Tibet Crackdown

      Los Angeles Times  |  Apr 13, 08 11:56 AM CDT

      Bill's Charity Linked to Tibet Crackdown

      (Newser) - Hillary Clinton's strong public stance against the crackdown in Tibet flies in the face of her husband's past fundraising ties in China, reports the LA Times . At the crux is a 2005 speech the former president gave for which he received an undisclosed donation to his charitable foundation—from Internet giant Alibaba. More »

    • Hockney Donates 40-Footer to Tate

      Times (UK)  |  Apr 8, 08 8:20 AM CDT

      Hockney Donates 40-Footer to Tate

      (Newser) - David Hockney has donated his largest-ever painting to London's Tate museum rather than sell it for a presumed price of several million dollars, reports the Times of London. Hockney, one of the world's foremost figurative painters, said donating the 40-foot-long Bigger Trees Near Warter was a "duty," and added, "You've got to be reasonably generous to be an artist." More »

      Tags

      London  • art  • philanthropy  • Tate Gallery  • David Hockney

  • March 2008

    • Robin Williams, Wife Divorcing

      San Francisco Chronicle  |  Mar 27, 08 7:19 AM CDT

      Robin Williams, Wife Divorcing

      (Newser) - Funnyman Robin Williams and his wife are splitting up after 19 years of marriage, reports the San Francisco Chronicle . The divorce petition, filed by Marsha Williams in San Francisco, cited irreconcilable differences. The pair met when Marsha worked as a nanny for Williams' son from a previous marriage. She later became his personal assistant and produced hits like Mrs. Doubtfire . More »

      Tags

      celebrity  • divorce  • philanthropy  • comedian

    • With Big Give , Oprah Shows Smaller Side

      New Yorker  |  Mar 21, 08 6:26 PM CDT

      With Big Give , Oprah Shows Smaller Side

      (Newser) - The new ABC show Oprah’s Big Give might be exactly what it claims—an epically scaled, nurturing-obsessed cult of personality—but the format is old and unsuitable, Nancy Franklin writes in the New Yorker , and the star is self-obsessed. The competition charity program sometimes reduced to her tears, Franklin allows, but mastery of manipulation is no great shakes in and of itself. More »

      Tags

      Ford  • reality TV  • Oprah Winfrey  • ABC  • philanthropy  • competition  • James Frey  • Oprah's Big Give

    • Oprah Makes Giving Competitive

      New York Times  |  Mar 2, 08 12:42 PM CST

      Oprah Makes Giving Competitive

      (Newser) - Heavyweight philanthropist Oprah Winfrey will outsource giving to a whole new level tonight: Her new ABC reality show, “Oprah’s Big Give,” makes charity a competition. Contestants compete to raise money for needy folks and causes, and each week the lowest-earner is given the boot, reports the New York Times. But warm fuzzies aside, even a blogger for Oprah’s hometown Chicago Tribune notices “something off-putting” about competitive giving. More »

      Tags

      Hurricane Katrina  • reality TV  • Oprah Winfrey  • ABC  • philanthropy  • Oprah's Big Give  • Extreme Makeover  • Survivor

  • February 2008

    • The House of Mirthlessness

      Berkshire Eagle  |  Feb 28, 08 12:19 PM CST

      The House of Mirthlessness

      (Newser) - Edith Wharton's masterpieces include The House of Mirth , but the story of her own house is much less joyous. Her estate in the Berkshires of Massachusetts, currently a museum called the Mount that chronicles her life and career, is drowning under some $9 million in debt. Now, writes the Berkshire Eagle , a bank has warned it will foreclose on the property and sell it to the highest bidder. More »

      Tags

      foreclosure  • literature  • philanthropy  • museums  • estate  • Edith Wharton

    • Microsoft Pioneer Leaves $65M to Gay Rights Groups

      Seattle Times  |  Feb 25, 08 6:07 AM CST

      Microsoft Pioneer Leaves $65M to Gay Rights Groups

      (Newser) - One of the first five Microsoft employees has left $65 million of his estate to gay rights groups, the Seattle Times reports. Ric Weiland, who helped high school friends Bill Gates and Paul Allen launch Microsoft, committed suicide in 2006 at age 53. His donation is believed to be the largest estate gift ever given to the country’s gay and lesbian community. More »

      Tags

      Microsoft  • gay rights  • Bill Gates  • AIDS  • Seattle  • philanthropy  • Paul Allen  • National Gay and Lesbian Task Force

  • December 2007

    • New Breed of Billionaire Rises in Third World

      New York Times  |  Dec 14, 07 1:26 PM CST

      New Breed of Billionaire Rises in Third World

      (Newser) - A new type of billionaire with a philanthropic bent for social causes is emerging from once-poor nations such as Turkey, India, and Mexico, the New York Times reports. The billionaires, who generally made their money through investment in surging local markets, draw comparison to American titans of old such as Carnegie and Rockefeller, the Times notes. More »

      Tags

      Warren Buffett  • philanthropy  • Roman Abramovich

    • You, Too, Can Donate Online

      Washington Post  |  Dec 13, 07 10:07 AM CST

      You, Too, Can Donate Online

      (Newser) - AOL founder Steve Case’s foundation is launching a major online charity drive today, aimed at using social networks and encouraging small-scale donors to join the ranks of millionaires. The drive consists of a new app, “causes” on Facebook, and a spread in this Sunday’s Parade Magazine . Facebook has 50 million users and Parade has 70 million readers. More »

      Tags

      charity  • philanthropy  • donation

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