Giving in the news – 02.26.07

* National Credit Union Foundation distributed $6.7 million in grants during 2006, breaking 2005 record of $6.5 million, thanks in part to favorable returns from Community Investment Fund; received $415,000 federal grant to help credit unions fund Individual Development Accounts, helping low-income families become first-time homebuyers.

* Welch Foundation presented $100,000 award to Patrick G. Harran, professor, University of Texas Southwestern Medical Center at Dallas, in recognition of pioneering work in synthetic organ chemistry, biochemistry.

* Patient advocates made $25,000 donation to University of California, San Francisco’s Multiple Sclerosis Research Center to study of effects of FDA-approved drug naltrexone on patients with multiple sclerosis.

* Open Society Institute named 2007 Soros Justice Fellows, 18 individuals receiving 12- to 18-month stipend of $45,000 to $71,000 to implement projects assisting communities marginalized by criminal justice policies.

* Rotman School of Management, University of Toronto, Canada, received $750,000 grant from Toronto Stock Exchange to establish TSX Capital Markets Initiative, supporting research and policy efforts on investing, shareholder activism, hedge fund dominance and executive compensation.

* Virginia G. Piper Charitable Trust awarded $4.2 million in grants to 15 Maricopa County, Ariz., nonprofits with missions focused on improving lives and strengthening community.

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