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- UC Irvine Announces $1 Billion Campaign
From Media-Newswire: “With the goal of sparking discoveries in medicine, the environment and sustainable energy, UC Irvine is launching a $1 billion fundraising effort. The effort aims to foster economic and cultural opportunities and produce a new generation of leaders who will drive growth and development in California…’the challenges we face in the world today have not overwhelmed hope, and solutions can be found. That's what great universities do,’ said Chancellor Michael V.
- Stanford Gets $75 Million For Stem Cell Center
From the San Francisco Chronicle: “Atherton philanthropist and Business Wire founder Lorry Lokey is donating $75 million to the Stanford University School of Medicine to help build what may be the nation's largest center for stem cell research, school officials will announce today. Lokey, who at age 81 has become one of the country's most generous givers, promised to give at least $33 million to the center in February 2007.
- Harvard Gets $125 Million, Largest Gift in History
From the Boston Globe: “Harvard University said yesterday it received the largest individual gift in its history, a $125 million donation from entrepreneur Hansjörg Wyss.
- Cornell Accepts $35M Donation to Grow Faculty
From the University Wire: “Cornell University accepted a $35 million donation made by Trustee Andrew Tisch ’71 and his wife, Ann. ‘The waterfront of possibility is finally before us,’ President David Skorton said on Friday afternoon to a room full of university administrators and members of the Board of Trustees.
- Emory Announces $1.6 Billion Campaign
From the Atlanta Journal-Constitution: “Hoping to secure its place as the Southeast’s foremost private university, Emory has launched the public phase of a $1.6 billion fund-raising campaign. Officials planned a grand gala for Thursday night to roll out the drive, the most ambitious in the university’s 172-year history. But Emory isn’t starting from scratch.
- Executive Pay Outpaces Inflation
From the Chronicle of Philanthropy: “The median pay increase of leaders of the nation's largest nonprofit organizations outpaced inflation last year, according to The Chronicle's 16th annual survey of executive compensation and benefits. Chief executives at the nation's biggest charities and foundations received a median pay increase of 5 percent, while inflation rose by 4.1 percent.
- Patty Stonesifer Elected Chair of Smithsonian Board of Regents
From the Associated Press: “The Smithsonian Institution Board of Regents elected former Microsoft executive Patty Stonesifer on Monday as the next chairwoman of the board overseeing the world's largest museum and research complex…Stonesifer said the Smithsonian's work to promote ‘unrivaled access, knowledge and culture’ ties in with the education initiatives she led at the Gates Foundation.
- UC Berkeley Announces $3B Campaign
From the Daily Californian: “Chancellor Robert Birgeneau kicked off the public phase of UC Berkeley's largest fundraising campaign to date on Friday-an attempt to raise $3 billion…the public phase of the campaign will run for nearly five years until June 30, 2013, by which time the campus hopes to reach its target. ‘We're going to meet that fundraising goal,’ Birgeneau said.
- Philanthropy on the Rise in Australia
From The Australian: “Australian universities are becoming more ambitious and better organized in their philanthropic efforts, a study has found.
- Children’s Memorial Hospital Launches $600M Fundraising Campaign
From the Chicago Tribune: “A campaign to tap Chicago's philanthropic community for at least $600 million, about 60 percent of what's needed to build a replacement for Children's Memorial Hospital, was unveiled Wednesday night.