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Weekly News Recap: December 16, 2016

Vincent Duckworth

Jo Bannatyne-Cugnet and her family have donated $1 million to the Children’s Hospital Foundation of Saskatchewan’s capital campaign. (Children's Hospital Foundation of Saskatchewan)

With this issue of our weekly recap, we are celebrating our 52nd consecutive (and uninterrupted) post. Happy one-year anniversary to the recap! We hope you find this weekly post to your inbox informative, inspiring, and helpful. If you have suggestions on how we can make it better or if you just want to tell us how much you like it (or don't), please send an email to info@vitreogroup.ca.

Books to read

  • Top Books from 2016 I recommend putting some of these on your Christmas list. I especially want to read 'Grit' not least of which because the author has a great last name. (12/5/16)

News

Philanthropic personaliites

  • China’s Rising Philanthropy Presents the Next Big Brain Science Donor China continues to emerge on the philanthropic scene. Two emerging philanthropists are Tianqiao Chen and Chrissy Luo, a couple currently based in Singapore whose wealth comes from Shanda Interactive Entertainment Limited. The couple says they are dedicating an initial $1 billion to brain research as part of a new giving initiative focused on brain discovery, treatment, and development. The first gift is happening at Caltech, where $115 million will establish the Tianqiao and Chrissy Chen Institute for Neuroscience. (December 2016)

  • A corporate Scrooge no more? Amazon’s philanthropy reshapes its reputation — to a point Such an interesting company. They have historically kept a low profile in civic matters and, until this year, have not had a high profile in philanthropy. I included this story under the "philanthropic personalities" because these companies are more than just corporate entities. (12/14/16)

Innovation

Life and career hacks

Stats and facts

Lessons learned (and shared)

Trends and shifts

Large gifts

  • $5M Donation to College of New Rochelle in Fiscal Crisis The College of New Rochelle has announced that an anonymous benefactor recently donated $5 million to the “We Are CNR” fundraising campaign launched to ensure the school's future.The College of New Rochelle is a private Catholic college with its main campus located in New Rochelle, New York. (12/14/16)

  • Weyburn family donates $1M to Children's Hospital Foundation of Saskatchewan Fundraising for new pediatric surgical suites at the Children's Hospital of Saskatchewan received a big boost, thanks to a Weyburn. family. The family of the late Ken Cugnet have donated $1 million to the hospital's capital campaign. SASKATOON STORY (12/14/16)

  • CCC receives $1M donation for visiting scholar series Corning Community College has accepted a gift of $1 million from the estate of Walter R. Smith, who taught at the college for nearly 50 years. The gift will support the Walter R. Smith Visiting Scholar Series, named in 2004 for the professor of social sciences. Smith retired in 2008 and died on Dec. 12, 2015. Corning Community College in state of New York was initiated in 1957 and moved to its Spencer Hill campus in 1963. (12/13/16)

  • Editorial: Remarkable donation by the Garmans is a big boost for Buffalo State program "The $4 million gift was made by the Richard E. and Patricia H. Garman family. Richard Garman is the former president and CEO of Buffalo Crushed Stone and ABC Paving Co. Patricia Garman taught psychiatric nursing at D’Youville and operated a private practice." The gift will allow students in the art conservation graduate program at SUNY Buffalo State access to fellowships allowing them to pursue their passion without concern over how to pay the bills." (12/12/16)

  • BMO donates $1M to University of Lethbridge Destination Project The donation will go to the construction of the main theatre, which will carry the name of BMO Financial Group. It will host classes and lectures, as well as serve the broader community. Congratulations to the University of Lethbridge and to BMO. LETHBRIDGE STORY (12/12/16)

  • $2M donation benefits The Wilds J.W. “Bill” Straker, 95, of Zanesville, Ohio, and his M.H. Straker Charitable Foundation have made a donation of $2 million to build more housing so the Mighty Oaks Warrior Program can expand to Ohio. The Mighty Oaks Warrior Program is an initiative whose mission is "...to operate on a standing commitment to reach the brokenhearted, with a specific calling to assist our nation’s military Warriors and families find a new life purpose through a hope in Christ, after enduring hardship through their service to America." (12/11/16)

  • $30 Million Campaign To Reduce Family Homelessness Enjoys Large Donation From Marc Benioff, Private Sector Marc Benioff, CEO of SalesForce, has committed $10 million to this project. His company has committed an additional $2 million. This San Francisco-based initiative is called the Heading Home campaign. “In our city where so many have done so well, it’s unacceptable that 1,800 students attending San Francisco’s public schools are homeless,” Benioff remarked at a press conference alongside Mayor Lee. (12/9/16)

  • DENVER ART MUSEUM RECEIVES $25 M. DONATION TOWARD RENOVATING ITS GIO PONTI–DESIGNED BUILDING "The Denver Art Museum has announced that J. Landis Martin, the chairman of its board, and his wife, Sharon, have given $25 million toward renovating its Gio Ponti–designed building. Construction is slated to begin by the end of next year, with the project expected to be completed in 2021." (12/9/16)

  • Carthage recieves $15 million donation from longtime benefactor Carthage College in Kenosha, Wisconsin has received a $15 million donation from longtime benefactor Jan Tarble. The money will pay for a career and welcome center for Carthage students, an endowment to provide additional staffing and career development professionals, an endowment to support experiential learning (including internships), and enhanced programs designed to promote career readiness. Carthage College is a four-year private liberal arts college affiliated with the Evangelical Lutheran Church in America. (12/9/16)

  • Portland Museum of Art gets $5M donation Longtime American museum benefactors Judy and Leonard Lauder are providing $5 million to support the museum's endowment. Their gift is designed to inspire other philanthropists to donate. (12/8/16)

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