Education

In Quest to Raise $6 Billion, USC Runs a Massive Fundraising Machine
June 22, 2015 at 1:19 pm

USC President C. L. Max Nikias was 1,400 miles from the Los Angeles campus, but he knew just how to appeal to his audience. In a swanky hotel ballroom, he told the crowd of alumni and donors that Texas had become the largest feeder of students to USC after California, and that students from their…

City Year Receives $2.5 Million Grant from New York Life Foundation
June 19, 2015 at 1:33 pm

City Year, an education-focused nonprofit organization that helps students to stay in school and on track to graduation, announced that it will standardize and scale its after-school middle school program with the support of a three-year $2.5 million grant from New York Life Foundation. “We are grateful and proud to welcome New York Life as…

Vatican Stops $10,000-Per-Goal Donation Deal Amid Soccer Scandal
June 12, 2015 at 1:53 pm

The Vatican suspended an agreement to receive a donation from the Copa America soccer tournament after FIFA was hit by a corruption investigation that implicated organizers of the event. Scholas Occurrentes, an educational organization created by Pope Francis in 2013 to promote social integration through sports, put on hold an accord it reached in April…

UCLA Cancer Center Receives $1 Million Donation from Revlon
June 10, 2015 at 2:04 pm

Revlon donated $1 million to the UCLA Jonsson Comprehensive Cancer Center, in honor of UCLA women’s cancer researcher Dennis Slamon, Revlon’s CEO Lorenzo Delpani announced in a press release Friday. The money will fund research for potential new therapies and treatments for triple-negative breast cancer as well as ovarian cancer, Slamon said in a statement.…

Anonymous Donor Gives $45K to Teach Jersey City Kids How to Swim
June 9, 2015 at 1:47 pm

An anonymous donor has awarded $45,000 to the American Red Cross to sponsor swimming classes for 750 Jersey City children, plus scholarships for training lifeguards and swimming instructors. "The Red Cross recognizes the importance of water safety," said Mathieu Nelessen, CEO of the Red Cross' North Jersey region. "Whether you are at a pool or…

USC Receives $25 Million for Department of Otolaryngology
June 8, 2015 at 2:12 pm

The University of Southern California has announced a $25 million gift from alumnus and trustee Rick J. Caruso and his wife, Tina, to endow its department of otolaryngology's division of head and neck surgery. The newly renamed USC Tina and Rick Caruso Department of Otolaryngology – Head and Neck Surgery serves patients facing a range…

Malcolm Gladwell Reacts to Billionaire's $400 Million Donation to Harvard
June 5, 2015 at 12:39 pm

In case you missed it, a Wall Street billionaire donated $400 million to Harvard on Wednesday. That donation, by hedge fund manager John Paulson, was Harvard's largest gift of all time and added to Harvard's already mammoth $36.4 billion endowment. Never one to mince words, famed author Malcolm Gladwell pounced on the news on Twitter,…

A Billionaire Hedge Fund Manager Made Harvard’s Biggest Donation Ever
June 4, 2015 at 2:18 pm

Billionaire hedge fund manager John Paulson donated $400 million to Harvard’s School of Engineering and Applied Sciences, the New York Times reports. Harvard’s engineering school, which is expanding across the river from Cambridge, Mass., will be renamed the Harvard John A. Paulson School of Engineering and Applied Sciences.