Private companies, lobbying groups, and executives have recently severed financial ties with the Saudi government. The same can’t be said for American universities, which have received million in Saudi gifts.
A common theme of Len Blavatnik’s giving is an eagerness to support promising areas of medical research. Still, his biggest gift yet—$200 million to Harvard Medical School—has raised the usual questions about big philanthropy.
The Charles E. Kaufman Foundation, housed at the Pittsburgh Foundation, is investing in campus-based efforts to support young researchers and to stimulate collaboration across disciplines. Where’s the money heading?
Ohio helped swing the 2016 election to Donald Trump, and the GOP controls both the governorship and state legislature there. But the Gordon Gund Foundation keeps working against the tide to advance a progressive agenda.
Bloomberg’s $1.8 billion gift to his alma mater has attracted a range of criticisms. We sort through which are fair and which aren’t—and how his detractors miss a central issue in the debate over higher ed and philanthropy.
Lumina has set an ambitious goal to increase the proportion of adults with post-secondary degrees and certifications to 60 percent by 2025. That number hovered around 47 percent as recently as 2016. Here’s the latest effort to move the needle.
While donors have made it a point to prepare law students for an increasingly interconnected world, a recent gift from the “Godfather of the Airline Industry” focuses on Asia, which will remain the fastest-growing region in the world through 2030.
With tuition rising, donors are stepping up efforts to reduce student loan debt. Some also have an eye on changing demographics that threaten their alma maters, with the pool of college-bound young people set to shrink in coming decades.
With a $17 million gift to the University of Houston to help foster kids complete degrees, a Texas couple joins the small but growing number of givers intent on assisting youth in the face of multiple challenges.
Private equity star Jean-Pierre Conte is the son of immigrants from France and Cuba. We talk with him about what motivates his growing giving, including support for first generation college students.
Last year’s violence in Charlottesville, VA triggered some major donations at the time. More recently, Bank of America gave $1 million to UVA’s education school to promote tolerance in youth. Other donors have also stepped forward.
Undocumented students often face all the same challenges as other first-generation kids on campus. But they also live in growing fear. A group of California foundations is stepping forward to support them.
A $25 million gift earmarked for a public health school finds a Giving Pledge signee with a decades-long track record of Florida-based philanthropy turning his attention 3,000 miles west, to San Diego. What’s that about?
In an increasingly competitive higher ed landscape, donors are ramping up support for universities' efforts to recruit "superstar" professors. We dig into a recent gift to Wharton from a Wall Street billionaire.
Marc J. Leder went to Penn on student loans, and hasn’t forgotten the school that gave him his start. We talk with Leder about his recent seven-figure gifts to his alma mater and his philanthropic mission overall.
It’s not just foundations that are channelling new funds to democracy work. Rising anxiety about the future of American civic life is also sparking university giving in this space—including recent donations to UVA.
The University of Alabama eclipses its previous annual fundraising tally by over $100 million thanks to a growing donor base, two mega-gifts in short succession, and an ambitious athletic capital campaign. We unpack the story.
MIT is making its largest structural change since the 1950s, fueled in part by a historic gift from Stephen Schwarzman of $350 million. The campaign underscores a number of trends in academia and philanthropy amid a surge of interest in AI.
Winthrop Rockefeller moved to Arkansas in 1953, and his philanthropic legacy continues to this day, most recently with a $100 million commitment to a University of Arkansas-based think tank from a trust he established at his death that’s now set to wind down.
Purdue University in Indiana is yet another heartland school on a fundraising roll, with some of its new resources underwriting a building boom on campus—including a recent $30 million gift for a top-notch hotel.
As arts funders remain laser-focused on equity—both in terms of representation and access—the Walton Family Foundation makes another big gift towards diversifying the ranks of museum leaders.
The startling ramp-up of the Kansas City-based Sunderland Foundation is further testament to the explosion of regional philanthropy. Many of these funders embrace big capital projects as they work to boost their home cities or alma maters.
The largest gift in Western State Colorado University’s history looks to boost access to STEM education in a fast-growing part of the country where demand for the skill set is inordinately high.
A couple of years ago, Detroit's Marygrove College was running out of cash. Now, it's the fulcrum of a big push by the Kresge Foundation to use a higher ed institution to drive place-based development.
There are more super-wealthy Americans than ever who didn’t go to schools like Harvard or Stanford. They went to places like Michigan State University. And they haven’t forgotten where they got their start.
As regional giving continues to reshape the higher ed landscape, we’re seeing greater support for the highbrow performing arts at universities far from the familiar urban enclaves. Here’s an instructive case study.
The effort of a wealthy tech entrepreneur to transform San Antonio is another example of “destination philanthropy,” as big donors step up place-based giving, often in partnership with local universities.
A while back, the University of Arizona reached a $1.5 billion campaign goal two years early. But the gifts kept coming in, highlighting the advantages of "always on" higher ed fundraising.
Confronting the perception that its $60,000 price tag puts it out of reach for most families, St. John’s College’s $300 million fundraising campaign focuses on slashing tuition and eschews costly capital projects.
For decades, Philip Anschutz's extensive giving has unfolded below the radar. Now, tapping a $12.5 billion fortune, he’s stepping things up—and stepping out publicly, including with a $120 million gift to the University of Colorado.