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Ending a long legal battle over how closely a university must adhere to the terms of a gift, Princeton has reached a settlement with heirs to the A&P grocery fortune, allowing the university to keep the bulk of a fund worth hundreds of millions of dollars, the New York Times reports.
Posted Dec 12, 2008
From the development of Web sites that help Mexican citizens track government spending to the creation of a pilot “musical Peace Corps” for public schools, The William and Flora Hewlett Foundation has announced $125,063,230 in new grants to 214 organizations.
Posted Dec 12, 2008
Homeless men from the Mariners Inn shelter and treatment center in downtown Detroit are once again launching an effort to help needy families this holiday season. The homeless men will provide Christmas for four families with money they collect from friends and local businesses or that they earn.
Posted Dec 12, 2008
Independent Sector and 77 other nonprofit organizations today submitted a letter to the Honorable Nancy Pelosi, speaker of the U.S. House of Representatives, and the Honorable John Boehner, minority leader of the House, urging Congress to provide transition relief for charities and foundations that offer defined benefit pension plans for their employees to ensure resources are not diverted away from vital programs and services.
Posted Dec 12, 2008
SmartLink.org, the online resource of the nonprofit Community Giving Resource, today released tips on the ways donors can make a greater impact this holiday season, particularly in low-income communities severely affected by the recession. SmartLink.org helps individual donors and small foundations explore community issues and strategic giving approaches.
Posted Dec 12, 2008
Five leading philanthropic organizations in central Indiana have announced a new partnership that will provide $3.2 million to agencies serving those hardest hit by the recession.
Posted Dec 12, 2008
Most foundations are not making the changes that they and their grantees say are essential to supporting nonprofit success, a new survey of staffed foundations commissioned by Grantmakers for Effective Organizations finds.
Posted Dec 12, 2008
Current health services for adolescents are fragmented and poorly designed to meet the needs of the nation's adolescents, a new report from the National Research Council and Institute of Medicine finds.
Posted Dec 12, 2008
Culver Academies in Culver, Indiana, has announced a two-part gift from Frank Batten, founder of Virginia-based Landmark Communications, and his wife, Jane, that could total as much as $70 million.
Posted Dec 12, 2008
Boston mayor Thomas M. Menino has announced a new task force that will investigate ways of increasing payments in lieu of taxes (PILOT) from tax-exempt institutions in the city, the Boston Globe reports.
Posted Dec 12, 2008
Wal-Mart Stores, Inc. and the Wal-Mart Foundation have announced grants totaling $25 million to organizations working to meet basic needs in communities throughout the country.
Posted Dec 12, 2008
The Bill & Melinda Gates Foundation has announced grants totaling $69 million to organizations working to improve college enrollment and completion rates in the United States.
Posted Dec 12, 2008
The Minneapolis-based McKnight Foundation has announced a $26.7 million grant from the Bill & Melinda Gates Foundation to expand its international crop research program.
Posted Dec 12, 2008
The Foundation Center has announced the launch of an interactive map linked to data on U.S. foundation giving in response to the economic downturn.
Posted Dec 12, 2008