Stanford University Gets Record $6.2 Billion in 5-Year Campaign

Stanford University raises $6.2 billion in 5-year campaign. [Bloomberg]

News Briefing: EBay's Omidyar Works for Philanthropy

• A South Korean software magnate starts charity to confront inequality.  [New York Times]

 

• Komen Foundation takes steps to rebuild trust after last week's PR fiasco.  [Washington Post]

 

• Pierre Omidyar and his wife have committed more than $1 billion to hundreds of different causes.  [USA Today]

News Briefing: After Komen Furor, Some Supporters of the Charity Say They Won’t Go Back

• America's top fifty philanthropists include 12 arts donors.  [Los Angeles Times]

 

• Some supporters of the Susan G. Komen for the Cure say they won't donate again.  [Associated Press]

News Briefing: Top Komen Official Resigns in Protest Over Grants Cuts

• The Gates Foundation opens a public space in its headquarters to encourage visitors to learn more about its work.  [Associated Press]

 

• A top official at Susan G. Komen for the Cure resigns in protest.  [Associated Press]

 

• Johns Hopkins is sued over plans to develop land donated to them.  [Washington Post]

News Briefing: Sept. 11 Group's Salaries Decried

• A former employee with the National September 11 Memorial & Museum receives a high severance payment.  [Wall Street Journal]

 

• Madonna announces plans to build 10 new schools in Malawi.  [Reuters]

 

• Super Pacs are set to submit their financial reports.  [Associated Press]

News Briefing: Drugmakers Join Gates Foundation in Fighting Tropical Diseases

• Drugmakers join the Gates Foundation in fighting neglected tropical diseases.  [Bloomberg]

 

• Technology and philanthropy merge at Davos.  [New York Times]

 

• Hedge fund manager William Ackman donates $25 million to Signature Theatre.  [Bloomberg]

News Briefing: Warren Buffett Donates $41.6M to 8 unnamed charities

• Warren Buffett donates $41.6M in stock to 8 unnamed charities.  [Associated Press]

 

• Cal State adopts a new policy that limits executive compensation.  [Los Angeles Times]

News Briefing: Bill Gates Donates $750 Million to the Global Fund

• Bill Gates pledges $750 million to the Global Fund to Fight AIDS, Tuberculosis, and Malaria.  [Associated Press]

• Jury awards Garth Brooks $1M, agreeing with him that a local hospital did not use his donation as he intended.  [Associated Press]

News Briefing: Kodak Pulling Back on Corporate Philanthropy

• As Kodak's philanthropy scales back during its bankruptcy filing, Rochester-area nonprofits wonder about future donations.  [Democrat and Chronicle]

• Steve Garban resigns as chairman of Penn State's Board.  [Wall Street Journal]

• Chelsea Clinton promotes philanthropy in Ukraine.  [Associated Press]

• Bill Gates defends his foundation's focus on high-tech solutions to world hunger in his fourth annual letter.  [Associated Press]

News Briefing: Million-Dollar Donations Climb in 2011

• Boston nonprofits have boosted their voluntary contributions to city government by 24% over the past six months.  [Boston Globe]

 

• The number of $1 million+ donations nationwide in 2011 nearly doubles over 2010.  [Minneapolis Star Tribune]