March 22, 2012

March 22: Philanthropy News


Allen Donates $300 Million To 'Brain Observatory'

Microsoft co-founder Paul Allen has donated $300 million in order to create a center that will study the brain and learn more about exactly how the human ...

Wellcome Trust to launch 200 million pounds biotech fund
Reuters UK

The Wellcome Trust medical charity is creating a new 200 million pounds ($318 million) fund to make long-term investments in start-up ...

New financing emerges for social innovation
Philanthropy Journal

"Social impact bonds," which raise private investment capital to fund prevention and early-intervention social programs, with government repaying investors only if the work improves social outcomes,

Plans under way to raze Florida Hospital building in Ormond
Daytona Beach News-Journal

Florida Hospital is planning to demolish its empty medical complex in ... The property was last listed at $8.9 million.

Sacred Heart University names building after McMahon, who gave $5M ...
The Republic

The gift came from her family foundation, which donated $1 million annually from 2007 to 2011. Records show that McMahon and her husband, Vince, ...

A.J. Drexel Autism Institute Receives $1.5 Million from the ...

Drexel University has received a gift of $1.5 million from the Charles and Barbara Close Foundation, ...

Tags: Philanthropy, Philanthropy

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