Foundations
June 28, 2017 at 11:46 am
Does the name Diane von Furstenberg ring a bell? Most known for her elegant fashion designs and hefty price tags, the Belgium-born American fashion designer turned in her creative director role last year to Jonathan Saunders and is entering her next phase of life with a philanthropic state of mind...
June 23, 2017 at 9:21 am
The former head of a D.C. charity meant to benefit Vietnam veterans pleaded guilty to wire fraud after embezzling about $150,000, federal prosecutors said. John Thomas Burch, 75, of Alexandria was the president of the National Vietnam Veterans Foundation until last year, the U.S. attorney for the District of Columbia said in a statement. He…
June 9, 2017 at 12:07 pm
From a Peruvian trout farm manager to the head of an Indonesian meatball company, a list of 500 women entrepreneurs in emerging markets was launched on Thursday to challenge the stereotype of a typical company boss and inspire women globally. The "Foundation 500" list features the portraits and careers of 500 female entrepreneurs in 11…
May 30, 2017 at 12:05 pm
The H&M Foundation and WaterAid are embarking on the second phase of our global partnership for safe water, sanitation and hygiene in some of the world's poorest communities, with the goal to achieve long-term transformational change and improved living conditions. The program expands on an initiative that began in 2014. In the second phase of…
May 25, 2017 at 9:51 am
The ambitious new arts center known as the Shed, rising in Hudson Yards, has received $75 million from Michael R. Bloomberg, showing just how much the Far West Side continues to be shaped by a small group of influential billionaires. They include Stephen M. Ross, the chairman of Related Companies, and Barry Diller, the media…
May 25, 2017 at 9:41 am
In our sector, we are constantly faced with obstacles of how we can increase charitable giving; but more particularly, how can we get our donors to continue to give over the years. A donor-advised fund is an account sponsored by a nonprofit organization that enables donors to give to charities and receive tax benefits—essentially a charitable savings account…
May 18, 2017 at 11:05 am
Ms. Gloria Carter, co-founder of the Shawn Carter Foundation (and Jay Z's mom), and eBay for Charity are partnering for the first time to help underprivileged youth pursue college educations. The eBay for Charity auctions campaign launched May 15 and will run through May 24, with 100 percent of the proceeds benefiting the Shawn Carter Foundation’s…
May 16, 2017 at 10:24 pm
The Robin Hood Foundation raised $54.5 million at its benefit Monday night, revved up by a new leader and a $15 million challenge grant by billionaire Ken Griffin, founder of hedge fund firm Citadel. Robin Hood will use the money to fight poverty in New York City under incoming CEO Wes Moore, the U.S. Army…
May 16, 2017 at 10:21 pm
I recently attended the annual Hot Pink event that supports the BCRF at the Armory in New York City. The gala was hosted by Elizabeth Hurley, Victoria Beckham and chaired by Leonard Lauder with a performance by John Mellencamp. I was able to connect wit CEO Myra Biblowit and we discussed her position, the event,…
May 16, 2017 at 10:18 pm
The Barack Obama Foundation contributions jumped to a little more than $13 million in 2016, according to an IRS filing released last Thursday, and donations are expected to skyrocket in 2017 with the lifting of a self-imposed $1 million cap and former President Barack Obama free to make direct appeals. Obama discussed plans for his…
