University lets donor pick architect for new business school
The University of South Carolina, in a move said to be without precedent, cancelled all bids to hire an architect for its new $90 million business school so the donor could pick the design firm, The State reported April 11 (see university donor story).
Goldman Sachs courts endowment officers
Goldman Sachs is recruiting chief investment officers at endowments, as well as money managers overseeing those assets, to join its asset-management group, Bloomberg reported April 12 (see Goldman Sachs story).
Bay Area a center for nonprofit journalism
The San Francisco Bay Area has emerged as a center for nonprofit news organizations, The New York Times reported April 10 (see nonprofit journalism story).
Maine private school gets $5.9 million bequest
George Stevens Academy in Blue Hill, Maine, received a $5.9 million bequest to its endowment fund from the estate of Jerold M. Hinckley, a former student, the Bangor Daily News reported April 7 (see endowment gift story).
Kohl’s supporting environmental initiative
Kohl’s Department Stores will give $2 million to nonprofits and send tens of thousands of employees to volunteer in communities throughout the U.S. to support environmental activities, the Milwaukee Journal Sentinel reported April 6 (see Kohl’s gift story).