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Weekly News Recap: August 5, 2016



Paul McIntyre Royston, president and CEO of the Calgary Public Library Foundation, shows off some new Arts + Culture Passes at Calgary Central Library in Calgary, Alta., on Tuesday, Aug. 2, 2016. The pass, available to qualified low-income Calgarians, is "like a library card to the city, except you don't have to return anything," said McIntyre Royston. (Elizabeth Cameron/Postmedia)


Big ideas


  • The Contradiction at the Heart of Philanthropy Responses and articles on the idea that "the wealth that funds efforts to find solutions to the world’s problems is created and sustained by inequality." These are big ideas and ones that we, as leaders in philanthropy, need to be thinking about. BTW, one of the major funders for research in this area is the Gates Foundation. Refreshingly introspective. (8/1/16)
  • Rockefeller Fund Takes First Green Stake in Pivot From Oil Funds and foundations like this are taking a stand. It is interesting that the Rockefeller Fund, founded by the family that gave rise to the North American energy industry, is now divesting itself from these investments and is now investing in green energy. (7/28/16)

News


  • Arts and Culture Pass program expands to all libraries We all deserve access to culture. This program, after several years as a successful pilot, has now been expanded to all Calgary Public Library branches. The unique partnership provides thousands of free tickets at public libraries, allowing low-income Calgarians to attend shows offered by Alberta Ballet, Calgary Philharmonic Orchestra, Theatre Calgary and dozens of other arts groups. This program is made possible by contributions from Sun Life Financial and more than 40 community arts partners who have invested $1 million combined. ViTrēo is proud to be working with the Calgary Public Library. CALGARY STORY (8/2/16)

Transparency



Life and career hacks



Philanthropic personalities


  • Veteran Banker, Veteran Philanthropist: A Profile of Henry Arnhold Makes one wonder how many foundations like this one there are in the U.S. Arnhold, who's in his nineties now, has been engaged in philanthropy for years and established the Arnhold Foundation in 1988. The foundation held some $353 million in assets and gave away around $15 million in a recent year. Unfortunately for grantseekers, the Arnhold Foundation doesn't have much of a web presence, or a clear way to get in touch. (8/1/16)

Philanthropic controversy



Large gifts


  • Interlochen Receives $2M Donation For New Waterfront Park The Interlochen Center for the Arts has received a $2 million estate gift from the Dorthy S. Corson, Thomas H. Corson, Jim and Claire (Corson) Skinner, and the Corson Family Foundation to honour the memory of the recently deceased Dorthy S. “Dot” Corson. The Centre is located in Interlochen, Michigan. (8/4/16)
  • $11M donation to Hyde Collection adds art, exhibit space This is a lovely story on every level. The gift, which more than doubles the Hyde's holdings of modern art, is from Werner Feibes, 86, who last year gave the Hyde 55 artworks from a collection he assembled over more than half a century with his partner in work and life, the late James Schmitt. The couple of 65 years, were the principals of a Schenectady architectural firm that designed many public buildings, including the city's police headquarters and the main branch of the county public library. They were married in March 2013, two months before Schmitt died at age 87 and have no children or heirs. (8/3/16)
  • $15 million donation to Arkansas Children's Northwest The Tyson family and Tyson Family Foods Inc. have announced a $15 million donation for construction of the new Arkansas Children's Hospital campus in northwestern Arkansas. The money will be used to construct what will be known as the Tyson Family Tower at Arkansas Children's Northwest in Springdale. (8/2/16)
  • ‘Jump’ Receives $10 Million Donation The Shepard Endowment for Healthcare Engineering at the Jump Trading and Simulation Center has been given $10 million from founder William Shepard. Jump Trading Simulation and Education Center is a collaboration of OSF HealthCare and the University of Illinois College of Medicine at Peoria. (8/1/16)
  • Walkers donate $1 million for new institute George “Bert” Walker and his wife Carol have donated $1 million to fund the launch of the new Walker Leadership Institute at Eden Theological Seminary. Their gift will help to bring together business, faith-based and leadership educators to offer a certificate courses, executive-level classes and educational programs, including a Master of Arts in community leadership. (8/1/16)
  • Barton College receives record donation Barton College in Wilson, North Carolina, has received a $7.8 million donation from the estate of Emerson Clarence “E.C.” Winstead. The gift will be used for student financial aid. (8/1/16)

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