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Money roundup, 3/1/01 – Giving and receiving

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* The Susan G. Komen Breast Cancer Foundation awarded more than $19 million in 2000 to 113 research projects, up from $17.9 million granted in 1999 to 102 projects. Since it was created in 1982, the foundation has given $68 million to 583 projects.

* The Robert Wood Johnson Foundation is moving one its largest grant programs – its $100 million Faith in Action program – to the School of Medicine at Wake Forest University in Winston-Salem, N.C., The Business Journal reported Feb. 23. The program encourages volunteers from faith-based groups to help local people facing disability or long-term illness. For full story, go to The Business Journal.

* The Anschutz Family Foundation has given $30 million to the University of Colorado Hospital. Combined with a $25 million gift from the foundation in January 2000, the foundation’s contribution is among the largest to a hospital.

* 3M is giving $20 million to support education, including $15 million to the University of Minnesota to attract students and faculty to science and technology, $3.4 million to colleges and universities throughout the U.S. targeting science, engineering and business, and the remainder to support K-12 initiatives in math, science and economics.

* Former President George Bush and his wife, Barbara, are supporting efforts to raise $60 million to establish a music complex honoring jazz great Lionel Hampton at the University of Idaho, the Associated Press reported Feb. 26. For full story, go to Northern Light.

* Religious and civic charities in Northern Ohio are raising tens of millions of dollars a year by selling $1 instant-bingo tickets, triggering concerns from city and county law-enforcement agencies about possible abuses, The Plain Dealer reported Feb. 25. In November, for example, police raided 41 taverns in the Cincinnati area, grabbing $3.6 million from a men’s home and culminating an 11-month probe of fundraising by the Child Care Foundation in Akron. For full story, go to The Plain Dealer.

* Charitable giving to the Columbus Foundation in Ohio fell to $70.3 million last year from $78.9 million in 1999, $83.1 million in 19998 and $87.8 million in 1997, but the trend doesn’t worry the foundation, The Columbus Dispatch reported Feb. 24. Big gifts in 1997 and 1998, including a $28 million trust – the biggest donation in its 58 years — skewed the totals, said James Luck, the foundation’s president. For full story, go to The Columbus Dispatch.

* Blue Cross Blue Shield of Massachusetts has established a $55 million foundation dedicated to expanding access to health care for the uninsured and disadvantaged.

* Donations are on the rise at  Boston-area hospitals, the Boston Business Journal reported Feb. 16. Three community hospitals in the Boston area — Newton-Wellesley Hospital, Quincy Medical Center and St. Elizabeth’s Medical Center –recently announced $1 million gifts from single donors. Other hospitals are reporting record fundraising years throughout the U.S. The Lahey Clinic in Burlington, Mass. raised $28 million in 2000, more than double its annual average of $10 million. Brigham and Women’s Hospital raised $24.5 million last year, more than triple its annual average, and next year will launch a $200 million capital campaign, its most ambitious ever. For full story, go to The Boston Business Journal.

* After 30 years as a philanthropic supporter of school reform, the Edna McConnell Clark Foundation will phase out its public school support by 2003, Education Week reported Feb. 14. The New York City-based foundation will focus its $20 million in annual grants solely on youth development. For full story, go to Education Week.

* The McConnell Foundation in Northern California is scrapping its support of basic local needs, such as the purchase of patrol cars and fire trucks, and instead will take on more of an international focus, The Redding Record Searchlight of Califironia reported Feb. 24. The foundation, will gives away about $15 million a year, says it will not totally forego local funding. For full story, go to The Nando Times.

* The Smithsonian Institution has received $14.5 million from the Lemelson Foundation, the Associated Press reported. The gift will permanently endow the Jerome and Dorothy Lemelson Center for the Study of Invention and Innovation, which was founded in 1995 with an initial contribution of $10.4 million. The latest gift brings the foundation’s total commitment to the Smithsonian to $40 million. For full story, go to Northern Light.  

*  York, Pa., real estate broker and stock market investor who died last June at 92 left his fortune of more than $9 million to be divvied up among nine local nonprofit groups, the York Dispatch reported Feb. 26. The bequest by John Kable Jr. is believed to be one of the largest acts of philanthropy ever in York County. For full story, go to the Dispatch.

* The Fannie Mae Foundation has distributed more than $6 million to 205 homeless service providers in the Washington D.C. area. Since the foundation’s Help the Homeless Campaign began in 1988, nearly $22 million has been raised to assist more than 220 nonprofit agencies providing services to help individuals and families in need.

* With the help of Mary J. Blige and Lil’ Kim, the rhythm-and-blues chart toppers and cosmetics promoters, The M.A.C. AIDS Fund raised $4 million for people suffering from HIV and AIDS, the Associated Press reported Feb. 21. Since its inception in 1994, the fund, established by M.A.C. Cosmetics, has raised $20 million. For full story, go to Northern Light.

* The foundation of Microsoft co-founder Paul Allen has offered a $3 million challenge grant to conserve thousands of acres of Washington State forests, the Seattle Times reported Feb. 21. * * * The Cascades Conservation Partnership, a campaign to save 75,000 a

cres near Snoqualmie Pass, will receive the full gift if other donors match the funds. Allen said he is also contributing $500,000 as a single gift.  For full story, go to the Seattle Times. 

* Nordson Corporation contributed more than $2.7 million in 2000 to charitable causes in areas where the company has operations. The contributions include $1.8 million in grants from the company’s foundation to 198 nonprofits nationwide.

* The Best Buy Children’s Foundation has fulfilled its commitment to donate $1.8 million to youth groups for its current fiscal year. The foundation funds community-based programs that help educate young people.

* Stanley T. Wang, founder, president and CEO of Pantronix Corp. in Fremont, Calif., has agiven $1.2 million to California State University at Long Beach to fund a scholarship program to help students and faculty study, teach and conduct research in China.

* The YMCA of Greater New York has received $500,000 from the New York Life Foundation. The gift will fund computer learning centers at its Harlem, Bronx, Jamaica, Prospect Park and Staten Island facilities.

* New England-based employees of Internet networking giant Cisco Systems have raised more than $274,000 for area food banks. The fundraising campaign was part of a company-wide effort, which raised over $3 million from employees nationwide.

* Planned Parenthood Federation of America and its affiliates received $500,000 from Presidents’ Day donors. The donations started coming in after Los Angeles Times columnist suggested making a donation to Planned Parenthood on the holiday would be a fitting way to show their support for reproductive rights to President George W. Bush. 

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