With more than $4 billion in assets, the Leona M. and Harry B. Helmsley Charitable Trust has a lot of money to invest, and a stated interest in rural healthcare. This is good news for America's rural hospitals, which often lag behind their urban counterparts in terms of funding and services.
In many ways, Richard and Melanie Lundquist are a normal philanthropic couple. He earns the money, she writes the checks. But the couple’s philanthropy moved out of the realm of “ordinary” when they gave $50 million to Torrance Memorial Medical Center, to build a new patient tower.Read More
Self-made billionaire Patrick Soon-Shiong, 62, just can’t keep still. Most recently, he’s founded NantHealth, a medical technology company seeking to solve the "interoperability crisis." Will this new venture shift his philanthropic attention in new directions?Read More
Whoomp, there it is: the biggest single gift in the Wegmans Family Charitable Foundation’s recent history. When a foundation whose usual annual giving hovers right around $11 million makes a single $17 million give, heads will turn. So it was this week when the Wegmans Family Charitable Foundation (WFCF) announced their $17 million gift to the University of Rochester.Read More
Richard O. Jacobson sure made waves when his $100 million gift to the Mayo Clinic was made public in February, 2011. This understandably, to the question: So what’s he done lately? Good question.Read More
Genentech handed out no less than 823 grants during fiscal year 2012. The Foundation may be very transparent with their actual giving, but when it comes to offering advice to would-be grantseekers, their content is thin, and vague. Read our tips for cutting through the ambiguity.Read More
As soon as Broadcom went public in 1998, Henry Samueli was rolling up $30 million and off-loading it to his alma mater, UCLA, to found the Samueli School of Engineering and Applied Science. Shortly thereafter, he gave $20 million to UC Irvine to found an Engineering school there. And those first two gifts set a real precedent for the giving he’s undertaken since: He’s handed out over $285 million since 1999. And he’s signed the Giving Pledge in 2012.Read More
Headquartered in San Francisco, the Salesforce Foundation has a vested interest in funding initiatives that improve its home turf. In 2010, it announced its new Power of Us: San Francisco program, zeroing in on five nonprofit organizations within southeastern San Francisco to receive $10 million apiece.Read More