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University of Southern California gets two $50 million gifts…

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Nonprofit news roundup 

University of Southern California gets two $50 million gifts

The University of Southern California is getting two donations of $50 million each to fund a new institute for cancer research and a high-tech building for journalism studies, the Los Angeles Times reported Oct. 15 (see university gifts story).

Indiana nonprofits counting on gambling

A growing number of nonprofits in Indiana have received “charity gaming” licenses, hoping gambling revenue will help them survive in the tough economy, CNHI News Service reported Oct. 13 (see gambling philanthropy story).

Gates Foundation’s global food security fund falling short

The CEO of the Bill & Melinda Gates Foundation says contributions to a global food security fund it created with the governments of the U.S., Canada, Spain and South Korea have fallen short, The Seattle Times reported Oct. 14 (see Gates Foundation story).

Pot growers becoming arts patrons

In California, where voters in November will consider a ballot initiative that would make the state the first to legalize marijuana for recreational use – and where some growers of marijuana for medical use already donate some of their proceeds to nonprofit causes- the idea of putting pot to work for the arts seems to be growing, The New York Times reported Oct. 11 (see marijuana philanthropy story).

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