Loose change: Gates gives $75 million to end hunger, Dylan donates tour proceeds to charity, Adelson

For a dying philanthropy world, it sure seems like a lot is going on… I want to know more about Philanthropy, the clothing boutique set to open in San Fran that will donate all of its proceeds to local charities. Find the link below:

    • The biggest news of the day: The Gates Foundation is giving $76 million to start the World Food Program, which will try to increase the incomes of 350,000 micro-farmers in 21 countries, including 15 in sub-Saharan Africa, according to the Washington Post.
    • The biggest Jewish-ish news today: Google will award $2 million grants to five social entrepreneurs.
    • The Senate passed a bill Sept. 23 that would extend a provision allowing Americans to get a tax break for giving money to charity from their IRA funds, reports the Chronicle of Philanthropy.
    • The Economist asks what will happen to philanthropy while “Wall Street is Burning.”
    • In southern New Jersey, the incoming president of the Jewish Federation of Southern N.J. is concerned about the economy, which has already forced increased need for the area’s Jewish Family Service and other agencies.
    • The Whitney Museum received approval from the City Council of New York to build a $680 million expansion on Gansevoort Street, the New York Sun reported. Leonard Lauder, the brother of World Jewish Congress president Ronald Lauder, said in March that his art foundation would donate $131 million to the expansion, the largest donation in the museum’s history.
    • The Hess Corporation, the oil company started by the son of immigrant Russian Jews, Leon Hess, will give $3 million to Hurricane Ike relief.
    • Meanwhile, Sheldon Adelson has given $750,000 to Newt Gingrich’s group to promote off-shore drilling, according to the Center for Public Integrity.
    • Bob Dylan will donate the proceeds of his upcoming Canadian tour to charity.
    • The Fred Jahn Gallery has given the Israel Museum 59 prints by contemporary artists Franz Hitzler, Barry Le Va, Fred Sandback, Rudi Troger, and Hermann Nitsch.
    • The Schwab Charitable Foundation, which has more then $2 billion in assets and gives away some $350 million per year, is jumping into the micro-finance world and will be giving $20-30 million in loan guarantees in 25 developing countries, Schwab announced.
    • Smaller donors in England may be cutting back, according to the Third Sector Online. A recent survey of about 2,000 Britons, showed that half of those queried would cut back their charitable donations if the credit crunch continued.
    • A charitable Challah baking project continues in Bennington, Vt., after its founder Joe Madison died, reports the Berkshire Eagle. (The story includes Joe’s recipe for Challah.)
    • A secondary school in Ontario shot down a $5,000 gift that a gun club wanted to give its drama department, according to the Ontario Free Press.
    • Charles Winograd, the CEO of the Royal Bank of Canada, will retire effective Oct. 31, reports Bloomberg News. According to this press release from RBC, Winograd is active with the Canadian Council for Israel and Jewish Advocacy and the UJA Federation of Greater Toronto.
    • Philanthropist, a boutique that will donate all of its profits to charity, will open in San Francisco this fall.
    • Is philanthropy consumption or investment asks the blogger at Philosopher 2.0.
    • Myspace and Paypal are joining forces to encourage online giving. Myspace users can place a widget on their page that will allow viewers to give a donation to a charity of the page holder’s choice. Those who raise the most money per week will win prizes.
    • And on a heavier, creamier note, if you need a tasty treat to take your mind off of your non-profit’s economic woes, go get a free ice cream on Cold Stone Creamery, which will be giving away free scoops all day Thursday Sept. 25, and also collecting donations for the Make a Wish Foundation.
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