donation

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'Transformational' Gift Is a Record for Black Colleges

Billionaire couple donates $100M to Spelman

(Newser) - A billionaire couple is giving $100 million to Atlanta's Spelman College, which the women's school says is the largest-ever single donation to a historically Black college or university. The donation was announced Thursday by Ronda Stryker and her husband, William Johnston, the AP reports. She is the billionaire...

Warren Buffett's Pocket-Emptying Earns Him a New Honor

He's No. 1 in 'Chronicle of Philanthropy' rankings of charity donations, with a $541.5M gift

(Newser) - The Chronicle of Philanthropy's annual list of the biggest charitable donations from individuals or their foundations totaled more than $3.5 billion in 2023. Four universities received big gifts in 2023, along with four scientific research institutes and a health care system. The other gifts went to a family...

After U Penn Chief&#39;s Remarks, $100M Donation Is Withdrawn
U Penn
President
Steps Down
After Outcry
updated
Dec 9, 2023 4:49 PM CST

U Penn President Steps Down After Outcry

Elizabeth Magill, whose answers on antisemitism sparked a backlash, will remain on the faculty

(Newser) - This file has been updated with Scott Bok's resignation. Elizabeth Magill, the University of Pennsylvania president who had been pressured to resign since her congressional testimony this week about antisemitism on campus, said Saturday that she's stepping down. She will remain a tenured law faculty member, the Daily ...

Suit: Barbie Maker Reneged on Promise of Big Donation

UCLA Foundation says Mattel should pay the full $49M that was pledged

(Newser) - The UCLA Mattel Children's Hospital bears the name of the company that donated $25 million to support the hospital's construction in 1998. But Mattel and the UCLA Foundation are now at odds over what the latter claims is the toymaker's decision to renege on a much larger...

Man Accidentally Donates $15K to GoFundMe, Goes Viral
Man's Generous Donation Ends
Up Being a Little Too Generous
in case you missed it
Jul 2, 2023 3:17 PM CDT

Man's Generous Donation Ends Up Being a Little Too Generous

Californian meant to donate $150, sent $15K instead—but the story has a happy ending for all

(Newser) - A California man who wanted to help his neighbor with a donation ended up mistakenly being a little too generous—but the story has a happy ending on all counts. A man who's IDing himself simply as Michael first relayed his overspending tale on Reddit last month, explaining how...

After Broadcaster Mocks Him, NHL Player Has Classy Response
After Broadcaster
Mocks Him, NHL
Player Has
Classy Response
in case you missed it
Dec 4, 2022 11:55 AM CST

After Broadcaster Mocks Him, NHL Player Has Classy Response

Pat Maroon donates to a mental health charity, encourages others to do the same

(Newser) - When a TV broadcaster mocked an NHL's player's weight, the player fired back on Twitter—but maybe not in the way you'd expect. Pat Maroon of the Tampa Bay Lightning donated to a mental health charity in the broadcaster's name and encouraged others to do the...

MacKenzie Scott Gives Girl Scouts Its Biggest Gift Ever

Philanthropist donates more than $84M to group

(Newser) - Philanthropist MacKenzie Scott donated $84.5 million to Girl Scouts of the USA and 29 of its local branches, the 110-year-old organization said Tuesday, calling it a vote of confidence. "Her support of our organization means honestly just as much as the donation," Sofia Chang, CEO of GSUSA,...

This May Be the Biggest Political Donation Ever

'NYT' reports on $1.6B from conservative businessman Barre Seid to new nonprofit

(Newser) - The New York Times is reporting on what appears to be a record-setting political donation in the US, though the principals involved aren't exactly household names. The story by Kenneth P. Vogel and Shane Goldmacher reports that Barre Seid—a mogul who made his fortune in electronics manufacturing—donated...

A Century Ago, They Lived Through a Rampage. Now, $1M

3 centenarians who lived through 1921's Tulsa Race Massacre will split gift

(Newser) - Only three survivors remain from the Tulsa Race Massacre , the 1921 attack in which a white mob descended upon the city's affluent Black neighborhood of Greenwood, torched more than 1,250 homes, and killed hundreds. That trio never received any reparations from either Tulsa or the state of Oklahoma,...

Young Crypto Billionaire: I&#39;m Giving Away Most of My Money
He's 30, Worth $24B, Drives
a Corolla, Sleeps in a Beanbag
in case you missed it
Apr 10, 2022 6:31 AM CDT

He's 30, Worth $24B, Drives a Corolla, Sleeps in a Beanbag

'I don't want a yacht,' crypto CEO Sam Bankman-Fried says of plan to give away most of his money

(Newser) - Sam Bankman-Fried wants FTX, the Bahamas-based cryptocurrency exchange he co-founded, to become the "biggest source of financial transactions in the world." In the meantime, he has a plan for the fortune he's already raking in: He wants to give most of it away. The 30-year-old tech entrepreneur,...

Nobel Winner Selling Medal for Noble Reasons

Russia's Dmitry Muratov, who won peace prize last year, wants funds raised to assist Ukraine refugees

(Newser) - People from all over the world are donating where they can to help the millions of refugees streaming out of Ukraine as Russia continues its invasion there—but very few have Nobel Peace Prize gold they can hawk to free up some funds. Russia's Dmitry Muratov is one of...

Mystery Donor Sends $180K in Cash to Physics Department

Cardboard box at City College New York wasn't opened for more than 10 months

(Newser) - A plain cardboard box around the size of a toaster addressed to "Chairman, Physics Department" at City College of New York held a mysterious $180,000 cash donation—but it wasn't opened for more than 10 months. The department's chair, physics professor Vinod Menon, says he didn'...

Fans Send Millionaire Artist $448K in 48 Hours

Afrobeats artist Davido of Nigeria apparently wanted to get his luxury car out of port

(Newser) - Nigerian-American Afrobeats star Davido is a multimillionaire, notes the Guardian . But that didn't keep him from asking fans for donations this week. And they jumped at the opportunity to help "one of the biggest African stars in the world," per the BBC . The singer with 31.6...

What Happens When 2 Billionaires' Exes Team Up? This

MacKenzie Scott, Melinda French Gates donate $40M to programs supporting gender equality

(Newser) - We don't know (though we'd love to) what the flies on the wall hear when MacKenzie Scott and Melinda French Gates get together, but one of their recent conversations apparently took a philanthropic turn. The two billionaires—and exes of former Amazon CEO Jeff Bezos and Microsoft co-founder...

MacKenzie Scott Slams Wealth Gap, Donates Billions More

Jeff Bezos' ex-wife gives to 286 organizations

(Newser) - MacKenzie Scott just made a lot of people very happy. The billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos announced Tuesday in a Medium post that she has given away another $2.7 billion to 286 organizations, per the AP . It's the third round of announcements Scott has...

Frat Brothers Give Their Old Cook a Generous Surprise

LSU's Phi Gamma Delta brothers donate to pay off Jessie Hamilton's mortgage

(Newser) - Jessie Hamilton says she's worked at least two jobs, and sometimes four, ever since she was 14. She's now 74 and finally ready to retire, thanks to a generous act from some of the people she's served throughout her career. Fourteen of those years, from 1982 to...

Ex-UPS Driver's Gift Is Biggest Alum Donation Ever to HBCU

Calvin Tyler Jr. dropped out of Morgan State University in 1963

(Newser) - If anyone knows what it's like to struggle to pay for college, it's Calvin Tyler Jr. He enrolled at Baltimore's Morgan State College (now Morgan State University) in 1961 to pursue a degree in business administration. A lack of funds forced him to drop out two years...

Utah City Offers People With Parking Tix a Creative Fix

Utah's Heber City will nix parking tix for violators who donate at least 5 nonperishable food items

(Newser) - Over the past few weeks, police in Heber City, Utah, have doled out upward of 300 parking tickets to those who've parked in the street, despite a ban on doing so during snowstorms and immediately after. That's when local police decided to squeeze some good out of the...

She Died Without Heirs, Left $7.5M to Neighbors

Renate Wedel left her stock portfolio, property to her German neighborhood

(Newser) - There are good neighbors and there are bad neighbors, and then there's the late Renate Wedel, who surely has ascended to the level of "pretty great" in the eyes of those from the Germany community she lived in for decades. Wedel died last December at the age of...

Zuckerberg, Chan Just Gave Huge Boost to Election Setup

Goal of $300M donation: 'to preserve the integrity of our elections'

(Newser) - Mark Zuckerberg and Priscilla Chan are donating $300 million to help secure the November election. The majority of that—some $250 million—will go to the Center for Tech and Civic Life, a nonprofit that seeks to modernize US elections, according to a Tuesday announcement, per Axios . The remaining $50...

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