Education
September 24, 2015 at 9:28 am
Harvard has raised more than $6 billion in gifts and pledges in its capital campaign, charging still closer to its public goal of $6.5 billion, according to an email addressed to Faculty of Arts and Sciences campaign steering committee members that The Crimson obtained Sept. 17. Its campaign also nearly has reached its $2.5 billion…
September 22, 2015 at 10:35 am
In the “you-have-to-keep-raking-it-in” world of college fundraising, the time between capital campaigns has shrunk and the duration of those drives—with their increasingly ambitious dollar totals—has grown. But Friday, as Penn State University president Eric Barron shared with trustees his thoughts on a planned new capital campaign expected to launch next summer, he proposed an alternative.…
September 16, 2015 at 9:51 am
Faced with the loss of most of its fundraising staff, University of North Carolina-Greensboro (UNCG) is poised to keep these employees by dipping into the money they raise. UNCG officials talked last week with trustees about the possibility of levying a fee on its endowment, a university-wide savings account that provides millions of dollars each…
September 16, 2015 at 8:58 am
Target Corp. is ending a trademark giving program through which it has sent hundreds of millions of dollars to schools over nearly two decades. The Minneapolis-based retailer began notifying schools on Monday that it will discontinue its “Take Charge of Education” program, through which the company donates 1 percent of Redcard holders’ purchase total to…
September 14, 2015 at 10:51 am
Michigan State University’s Empower Extraordinary capital campaign has raised more than $1 billion. As of Sept. 1, MSU has received $1.012 billion from more than 221,000 donors, MSU Board of Trustee members learned during their meeting Friday. MSU launched the public portion of the campaign last fall, after raising more than $780 million from donors…
September 11, 2015 at 9:53 am
The Portland State University Foundation is trying to put would-be donor John Fitzpatrick behind it after a scandal that led to the Sept. 1 resignations of CEO Françoise Aylmer and chief development officer Kristin Coppola. “The university has had no more nor desires to have any discussions with Mr. Fitzpatrick,” said Portland State University spokesman…
September 9, 2015 at 9:08 am
A University of Wisconsin-Madison fundraising drive that began last fall with a $100 million pledge has generated a quarter of a billion dollars, university officials announced Tuesday. Alumni John and Tashia Morgridge pledged last November to match up to $100 million in donations—the largest gift from individual donors in school history—to help establish endowed professorships…
September 2, 2015 at 9:45 am
University of California, Berkeley, and its Haas School of Business are launching an online "Philanthropy University" to help folks in the nonprofit realm with finance, fundraising, strategy, leadership and other challenges. A leading Saudi business executive and other unnamed funders are making "a multi-million dollar investment" in the project over the next five years, according…
August 31, 2015 at 11:09 am
Washington, D.C., became a magnet for philanthropy after 2007, when former mayor Adrian Fenty took control over the schools and appointed Michelle Rhee as chancellor. In 2010, the District brought in more than $31 million from national foundations, according to an analysis by two professors at Michigan State University of grants by the 15 largest…
August 31, 2015 at 10:58 am
The president of Portland State University's fundraising arm and the school's chief development officer are resigning after pursuing a $100 million gift from a self-described billionaire who turned out to be a recently bankrupt bitcoin dealer known for peddling grandiose schemes. Francoise Aylmer will resign as president and CEO of the PSU Foundation, effective Sept.…
