 Headlines
Ontario Community Foundation Gets $40 Million Stock Gift
Nike Chairman Cancels $30 Million Gift to Alma Mater
Mutual Fund Manager Offers Scholarships to United World College Graduates
Colleges Expand Public Service Offerings
UC-Berkeley Establishes Internet Law and Public Policy Clinic
Markle Foundation Launches Web White & Blue 2000
Innovations in American Government Awards Programs Announces Semifinalists
Harvard Establishes Center on Role of Corporations in Education Reform
Florida School Choice Fund Benefits School Voucher Program
Study Finds No Net Change in Health Insurance Coverage for Low-Income Children
Prudential Foundation to Support Local Nonprofit Endowments
Socially Responsible Mutual Fund Presents Awards for Outstanding Corporate Programs
• • • • • • |
PHILANTHROPY NEWS DIGEST
MasterCard has donated $5 million to MIT's Media Lab to fund the study of electronic payment methods. The donation will help fund creation of the MasterCard Future of Transactions Laboratory, which will be housed in the school's Media Lab. Research in the new laboratory will focus on e-payment technology business models.
Kane, Margaret. "MasterCard Donates $5 Million to MIT." ZD Net News 4/25/2000.
Texas Tech Receives $3.5 Million Donation from PNB Financial
PNB Financial has donated $3.5 million to Texas Tech, which is currently in the process of a $75 million renovation of Jones Stadium. PNB Financial, which has also made gifts to the school for scholarship endowments, has given $5 million towards the stadium renovation project thus far.
Altenbaumer, Kara. "PNB Donates Million for Tech Stadium." Avalanche-Journal 4/25/2000.
Target Stores Announce Student, Teacher Scholarship Winners
Minneapolis-based Target Stores have announced the names of more than 3,700 students and teachers, recipients of nearly $3 million through the All-Around and Teachers Scholarship programs. Each year, Target stores nationwide award two $1,000 All-Around Scholarships to high school seniors and college undergraduates. In 2000, approximately 1,800 students will receive scholarships worth $1,000, and five students will receive $10,000 grand prize All-Around Scholarships. In addition, Target stores award Teachers Scholarships to teachers, principals and administrative staff for continuing education. This year, Target store districts will award nearly 100 $1,500 scholarships, while each
store will award approximately two $500 Teachers Scholarships.
"Target Stores Awards Nearly $3 Million in Scholarships to Students and Teachers." PR Newswire 4/17/2000.
Time Warner Inc. Gives $3 Million for Harvard Chair in African-American Music
Harvard University has announced the creation of the first endowed professorship in African-American music at Harvard and possibly in the United States. The chair, created with a $3 million gift from media corporation Time Warner Inc., is named for music producer and entertainer Quincy Jones.
Powell, Alvin. "Quincy Jones Professorship Is First in African-American Music." Harvard University Gazette 4/13/2000.
|
