The University of Chicago received $100 million dollars from an anonymous alumnus whose gift will help about 1,200 students each year. Students whose families earn between $60,000 and $75,000 will see their loans cut in half.
“I give this gift in the hopes that future generation of students will not be prevented from attending the College because of financial incapacity and may graduate without the siren of debt distracting them from fulfilling unremunerative dreams,” the donor said in a statement released by the university.
According to the university, the anonymous donor came from a modest background, graduated in the 1980s, and enjoyed Greek literature classes.
A $95,000 Putting Lesson
May 30, 2007
TigerJam X raised more than $1 million dollars last weekend at the Mandalay Bay Resort and Casino in Las Vegas.
The proceeds from a sold-out Bon Jovi performance and auction items such as a $95,000 putting lesson with Tiger Woods will go to the Tiger Woods Learning Center (twlc.org) and select Las Vegas-based charities.
The Tiger Woods Learning Center is designed to help kids relate what they learn in school to their future careers.
“I guess because I had so many people influencing my life. I wanted to cater this foundation to mentoring and guiding. Because that’s ultimately, how I got here.” –Tiger Woods
Beyond the Bentley
May 29, 2007
“Never respect men merely for their riches, but rather for their philanthropy; we do not value the sun for its height, but for its use.”
Locks of Love Wants Your Hair
May 25, 2007
WANTED: Hair from men and women, young and old, all colors and races.
Locks of Love provides hairpieces to financially disadvantaged children under age 18 suffering from long-term medical hair loss.
Ten inches is the minimum length needed for a hair piece. There is no maximum length.
80% of all donations come from children who wish to help other children.
Munificent Mogulism
May 24, 2007
“I believe that if you show people the problems and you show them the solutions they will be moved to act.”
–Bill Gates
A Life With Meaning
May 23, 2007
“We cannot close ourselves off to information and ignore the fact that millions of people are out there suffering. I honestly want to help. I don’t believe I feel differently from other people. I think we all want justice and equality, a chance for a life with meaning. All of us would like to believe that if we were in a bad situation someone would help us.”
–Angelina Jolie, UNHCR Goodwill Ambassador for refugees www.unhcr.org
Billionaire Believes in Conditional Giving
May 22, 2007
There is a significant catch to oil billionaire T. Boone Pickens‘ recent donation of $50 million each to two Texas health care institutions.
Neither institution can spend a cent until it has nurtured (through investment) its $50 million gift egg into a $500 million egg basket.
Each institution has 25 years to hit $500 million. If they hit it, they may spend the money however they see fit. If they miss it, they may keep the original $50 million but must give any money they have made from investments on the gift to another non-profit. www.philanthropy.com
“I like making money. I like giving it away…not as much as I like making it, but it is a close second.” –T. Boone Pickens
Hammer Time
May 20, 2007
“Animals are being threatened with extinction and the young generation is is being imprisoned for criminal activities. We are looking for supporters so that small business enterprises and conservation education programs can be introduced to the community. There is a chance to rehabilitate the national park’s biodiversity and its people.”
Hammer Simwinga, winner of the 2007 Goldman Environmental Prize for Africa
Click link to read about Hammer’s work in Zambia: http://philanthroflash.files.wordpress.com/2008/04/0705_recognition_v2-11.pdf
Give a Goat to Haiti
May 19, 2007
Haiti is the poorest country in the Western Hemisphere. In the isolated Grand’Anse region, the American Friends Service Committee’s program includes reforestation, fisheries and other economic projects–and the only health clinic and training center for some 40,000 people.
Your donation of $25 will buy one female goat for a Haitian. www.afsc.org
