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foundations & funders

  • Adelson drops 12 places on latest Forbes list

    Bloomberg news has a piece about the hit that Sheldon Adelson – he who has pledged and given nearly $100 million to Birthright Israel – is taking in the market. Adelson, who made his billions in the gaming industry as the president of the Las Vegas Sands Corporation, shot up to number three on the… More ▸

  • Sandy Cardin says foundations should stay socially responsible during downturn

    The head of the Charles and Lynn Schusterman Family Foundation, Sandy Cardin, preaches financial and social responsibility through these tough financial times in an Op-Ed for Ha’aretz. Most philanthropic foundations are invested in conservative stocks and have relatively safe portfolios, he says – because they have learned from past economic turbulence. It is now up… More ▸

  • What will happen to the Lehman Brothers Foundation?

    I just saw this in the elevator news ticker: It is not clear what will happen to the charitable donations that the Lehman Brothers Foundation makes each year. The foundation tied to the bank that went under Monday annually gives out more than $40 million in charitable donations, including roughly $20 million throughout the United… More ▸

  • Rose foundation announced Q2 grants

    The Rose Community Foundation, which has given some $26 million to Jewish causes in the Devner area since 2002, announced $2.3 million in second quarter grants Aug 15. The foundation gave out 49 grants totaling $2,156,354 to nonprofit organizations, government agencies and projects that support the health and well-being of the Greater Denver community. A… More ▸

  • Some Quakers think naming building for gossip columnist is a quack move

    The Fundermentalist salutes The Incredible Intern, Naomi Tarlow, for finding this one: The University of Pennsylvania is taking heat for renaming one of its buildings after the former editor of the New York Post’s Page Six gossip column, Claudia Cohen, according to the New York Times. The ex-wife of billionaire Ronald Perelman, Cohen was an… More ▸

  • Blavatnik to give $5 million to Tel Aviv U.

    The Blavatnik Family Foundation will give Tel Aviv University $5 million to help build the school’s computer science program. The foundation of Russian-born American industrialist Len Blavatnik will fund an extensive expansion of the school’s interdisciplinary research in computer science, award multiple graduate fellowships and create new positions for gifted young faculty, according to a… More ▸

  • Haaretz: Gaydamak to stop giving to Israeli charities

    Russian-Israeli billionaire Arcadi Gaydamak will stop giving charitable donations to Israeli organizations, a spokesman for his foundation told Haaretz this weekend. Gaydamak, who last year started the Israeli Social Justice political party, first gained notoriety for his philanthropic efforts during Israel’s war with Hezbollah in Lebanon in 2006, when he spent $15 million to build… More ▸

  • Stay tuned

    Guest post by Editor Man – from Park City, Utah It may be a few days, but I’ll be back with more posts about the Bronfman conference. More ▸