Education
June 19, 2017 at 11:15 am
When housing costs too much or educators have to commute from far away, there’s rapid teacher turnover that hurts students. That’s why Mark Zuckerberg and Priscilla Chan’s philanthropy vehicle is funding home downpayment assistance for roughly 60 educators and support staff at three schools near Facebook’s headquarters. The $45 billion Chan Zuckerberg Initiative is putting $5…
June 16, 2017 at 9:49 am
The Public Service Loan Forgiveness program aims to achieve two socially worthwhile goals: Reduce the debt burden on recent college graduates and entice people to enter traditionally low-paid public service careers...
May 25, 2017 at 9:51 am
The ambitious new arts center known as the Shed, rising in Hudson Yards, has received $75 million from Michael R. Bloomberg, showing just how much the Far West Side continues to be shaped by a small group of influential billionaires. They include Stephen M. Ross, the chairman of Related Companies, and Barry Diller, the media…
May 18, 2017 at 11:05 am
Ms. Gloria Carter, co-founder of the Shawn Carter Foundation (and Jay Z's mom), and eBay for Charity are partnering for the first time to help underprivileged youth pursue college educations. The eBay for Charity auctions campaign launched May 15 and will run through May 24, with 100 percent of the proceeds benefiting the Shawn Carter Foundation’s…
May 16, 2017 at 10:24 pm
The Robin Hood Foundation raised $54.5 million at its benefit Monday night, revved up by a new leader and a $15 million challenge grant by billionaire Ken Griffin, founder of hedge fund firm Citadel. Robin Hood will use the money to fight poverty in New York City under incoming CEO Wes Moore, the U.S. Army…
May 16, 2017 at 11:48 am
Philanthropist and New York Public Library Trustee Katharine J. Rayner has given the Library a $15 million gift to strengthen and advance the institution’s internationally-renowned research collections. The major gift, announced at the Library’s Board of Trustees meeting, establishes the “Katharine J. Rayner Fund for Special Collections,” which will fund the Library’s acquisition of special…
May 5, 2017 at 2:05 pm
Cal Poly San Luis Obispo has received $110 million—the largest private donation in the history of California State University—from William and Linda Frost, Cal State alumni who have worked extensively with administrators for more than a decade “to transform science and mathematics education at Cal Poly,” school officials announced Wednesday. Much of the donation will…
May 3, 2017 at 10:20 am
UCLA has received a generous $1.5 million gift from the Anthony and Jeanne Pritzker Family Foundation to support faculty members competing for the NRG COSIA Carbon XPRIZE. The funds will support the team’s efforts to develop a process for capturing carbon dioxide and converting it into a material that can be used in building and…
May 2, 2017 at 1:09 am
GoFundMe has helped K–12 teachers launch 72,000 campaigns and raise $33.8 million to date. To celebrate National Teacher Appreciation Week this week (May 1-5), the global crowdfunding platform, in partnership with Yoobi, launched a $100,000 national contest called “We Love Teachers,” which will provide 100 teachers donations up to $1,000. To be eligible, teachers must:…
April 26, 2017 at 8:52 am
Donald P. Bellisario, a 1961 Penn State graduate and the creator of programs who changed the landscape of American television, has made one of the largest gifts in the history of the university. The acclaimed writer, producer and director of shows such as "Magnum P.I.," "Quantum Leap" and "NCIS" has committed $30 million to support communications…
