Gates Foundation giving $500 million to help the poor save
The Bill & Melinda Gates Foundation pledged $500 million over five years to help poor people get savings accounts, the foundation’s biggest commitment ever to improving access to financial services, Bloomberg reported Nov. 16 (see Gates Foundation story).
Funder giving $2 million to improve services for sexual-assault victims
The Dallas-based W.W. Caruth Jr. Foundation will provide $2 million to improve services for sexual-assault victims in Dallas County, The Dallas Morning News reported Nov. 17 (see sexual-assault funding story).
UMass has best fall ever for fundraising
The University of Massachusetts raised $33.5 million this fall, the most it has ever raised for the period, and its endowment has grown to nearly $500 million, Statehouse News Service reported Nov. 17 (see UMass fundraising story).
Red Sox honored by baseball commissioner for philanthropic excellence
The Boston Red Sox received Major League Baseball’s first commissioner’s award for philanthropic excellence, the Associated Press reported Nov. 17 (see Red Sox philanthropy story).