Education

Gift of $1 Million Endows H. David and Diane Swain Center for Business and Economic Services at UNC Wilmington
October 12, 2009

October 6, 2009 - Wilmington real estate developer and entrepreneur H. David Swain and his wife Diane have given $1 million to the University of North Carolina Wilmington to support economic research and business development services through the Cameron School of Business. In appreciation for their generous support, the university has named the H. David and Diane Swain Center for Business and Economic Services in their honor.

Brandeis President to Step Down
September 25, 2009

WALTHAM, September 25, 2009, The Boston Globe - Brandeis University president Jehuda Reinharz, after months of sharp criticism over his financial stewardship and plans to close the university’s renowned Rose Art Museum, announced yesterday that he will resign at the end of the academic year.

N.Y. College Receives $85-Million Gift
September 25, 2009

September 24, 2009, The Chronicle of Philanthropy - The businessman Raymond A. Rich has bequeathed a 60-acre estate valued at approximately $75-million to Marist College, in Poughkeepsie, N.Y., along with a $10-million cash gift. Mr. Rich, who lived primarily in Boca Raton, Fla., died in June at 97.

Yale Endowment Has Investment Loss of 24.6 Percent in Fiscal Year
September 23, 2009

BOSTON, September 22, 2009, Reuters — Yale University said on Tuesday that its endowment produced an investment loss of 24.6 percent in the fiscal year ended June 30, when big bets on private equity holdings, real estate and commodities soured.

Lewis University Announces Historic $30 Million Campaign at Signum Fidei Celebration
September 17, 2009

ROMEOVILLE, September 17, 2009 — Lewis University hosted its 11th annual Signum Fidei Celebration Saturday, Sept. 12, at the historic Palmer House Hilton in Chicago, a perfect setting for the history-making launch of the $30 million Campaign for Lewis University: Touching Hearts and Minds.  More than 500 guests enjoyed the gala event which included a reception, silent and live auctions, raffle, elegant dinner, entertainment and the presentation of the annual Signum Fidei Award to William Rybak, Lewis alumnus and Chair Emeritus of the Lewis University Board of Trustees.  

The Hewlett Foundation Grants UC Irvine $320,000 to Expand OpenCourseWare Initiative
September 16, 2009

IRVINE, Calif., September 15, 2009 — The University of California, Irvine today announced the William and Flora Hewlett Foundation has provided $320,000 in grant support to further develop the University’s OpenCourseWare (OCW) program and to advance the Open Education Resources Movement (OER) which it serves. With this funding, the University will expand existing free online courses and programs, and create new content—all available free of charge, to learners across the globe.

Foundation Center Launches National Education Stimulus Initiative
September 16, 2009

New York, September 16, 2009 — The Foundation Center today announced the launch of "Foundations for Education Excellence," a national initiative it is supporting to engage philanthropic institutions and education leaders across the country in a unified, strategic drive to improve public education. The cornerstone of this initiative is a new online resource center that will help education funders align their grantmaking — and maximize their overall impact — with funds available through the American Recovery and Reinvestment Act (ARRA).

Tulane Sets $1 Billion Fundraising Goal
September 15, 2009

September 13, 2009, The Times-Picayune — Tulane raised $730.6 million in its most recent fundraising drive, which paid for, among other things, construction of a residence hall, photographed in March 2005.