Small college gets $29.8 million
The Warwick Foundation in Bucks County, Pa., gave $29.8 million to Delaware Valley College in Doyleston, Pa., including 398 acres in Warwick, Pa., worth about $14.8 million, that will become a second campus for the college, a $10 million endowment to maintain the new campus and fund its academic programs and initiatives, and $5 million in unrestricted funds, the Philadelphia Business Journal reported Sept. 13 (see college gift story).
Passion, versatility, teamwork, leadership seen as key for nonprofit jobs
Recruiters and employers say passion for a nonprofit’s mission and a genuine desire to contribute and effort to help others are an absolute must to work at a nonprofit, along with being versatile, able to work collaboratively, and being a leader and self-starter, The Wall Street Journal reported Sept. 13 (see nonprofit careers story).
China second only to U.S. in billionaires
An analyst says China, where philanthropy is becoming increasingly important but not typically considered an immediate priority, is home to at least 875,000 millionaires, including 130 billionaires, second only to the U.S., The Canadian Press reported Sept. 14 (see China philanthropy story). As they prepare to visit China to promote philanthropy among wealthy people, billionaires Bill Gates and Warren Buffett say that while 40 American families have signed their “giving pledge,” the effort may not be suited to China.