This week in Philanthropy – week 35
Are you up to date with news within the philanthropy industry? Find the latest best picked Philanthropy news here to keep you up to date with the Philanthropy world.
BILL GATES GIVES AWAY $4.6 BILLION
Bill Gates, known as the world’s richest person gave away $4.6 billion in Microsoft shares in June to his personal charity, the Bill & Melinda Gates Foundation.
Gates announced about his campaign to combat the spread of malaria in a blog post he has written and published.
In addition to distributing insecticide-treated bed nets, the Gates Foundation is also seeking to educate the public about the fight against malaria.
FACEBOOK COO DONATES NEARLY $100 MILLION
Facebook Chief Operations Officer, Sheryl Sandberg gave 590,000 shares of Facebook stock to charity. The stocks given to charity are valued at $98 million. The money from this donation will be going towards her donor-advised fund and will benefit a number of nonprofits and causes important to Ms.Sandberg.
The new gift will also benefit charities that help women and girls, especially those from disadvantaged backgrounds.
YOUTH PHILANTHROPY INTERNS GRANT $50,000
The youth philanthropic interns are choosing to three Johnstown-based projects $50,000 in grant funding.
The interns met with local officials and civic leaders over the summer to assess community needs.
“Improving the perception of the city is something they want to address,” they said.
WALTON FAMILY CHARITY GIVES $120 MILLION FOR SCHOOL OF ART
Walton Family Charitable Support Foundation has gifted The University of Arkansas in Fayetteville a grant with an amount of $120 million to establish a School of Art.
This is said to be the largest gift ever to a U.S. university in support of a School of Art. The gift will be going towards establishing the first and only School of Art in Arkansas.
The school will place a strong emphasis on American art and art of the Americas.
WOMEN’S GIVING CIRCLE SETS OUT TO TAP POWER OF PHILANTHROPY
The Women’s Giving Circle offers local women the opportunity to network, learn and make their philanthropic dollars have greater impact.
Community leaders, Dr. Paulette Brown-Hinds and LeeAnn Faucett wanted to create a route for women in Riverside and San Bernardino counties to leverage their dollars to support what matters to them. They did so after seeing statistics showing the power women have in philanthropy.
Here you have this week’s news of the philanthropy sector, this hopefully kept you informed on the latest occurrences in the industry.