Gates Foundation funds ABC health news
The Bill & Melinda Gates Foundation awarded a grant of $1.5 million to ABC News to fund a year-long project during which ABC will travel the globe reporting on health crises and suggesting solutions, The New York Times reported Oct. 7 (see Gates Foundation story). ABC is investing $4.5 million of it own money in the effort.
Kravis gives $100 million to Columbia Business School
Private-equity billionaire Henry Kravis, co-founder of Kohlberg Kravis Roberts, pledged $100 million to Columbia Business School, from which he graduated in 1969, to fund the school’s move to a planned satellite campus in Harlem, The New York Times reported Oct. 5 (see Kravis gift story).
Wealthy Americans’ generosity dampened by uncertainty
While billionaires Bill Gates and Warren Buffett are encouraging the rich to donate significant portions of their fortunes to charity, questions about the sputtering economy and the potential revocation of tax cuts are causing many wealthy Americans to rethink their giving, Reuters reported Oct. 5 (see wealthy givers story).
Cornell endowment grows 12.6 percent.
Following a 26 percent drop in fiscal 2009, Cornell University’s endowment grew 12.6 percent in the fiscal year ended June 30, 2010, to reach $4.4 billion, The Cornell News Service reported Oct. 5 (see Cornell endowment story).
Kansas University raises $110.2 in fiscal 2010
Kansas University raised a record $110.2 million during fiscal 2010, up 3.6 percent over 2009, the Lawrence Journal-World & News reported Oct. 5 (see Kansas University story).