The not-for-profit that distributed most of the $350 million in donations from Facebook founder Mark Zuckerberg to election offices in 2020 said Monday that it won’t disburse similar donations this year after backlash from conservatives.
The new business school is included in a five-year strategic plan the Greencastle-based university unveiled this week called “Bold & Gold 2027.”
The foundation said the funds will be used to support collaborative projects in Indiana’s agbiosciences, life sciences, advanced manufacturing and logistics and technology sectors.
So far, 34,622 donors have participated in the “Butler Beyond” campaign, including 13,351 individuals who became first-time donors to the university.
The gift came from the three children of Jim Ackerman, a local cable television industry entrepreneur and venture capitalist who died in 2013, including John Ackerman, managing director of Cardinal Ventures.
The health system said the funding plan will “support community health initiatives and education and workforce development programs statewide, including neighborhoods around its downtown Indianapolis campus.”
Donations on GivingTuesday, the annual campaign that encourages generosity on the Tuesday following Thanksgiving, rose by 9% this year in the United States alone, according to organizers.
Alumnus Harry Fath and his wife, Linda, of Cincinnati, pledged the money exclusively toward aid for undergraduates, Notre Dame officials said.
Roughly $1 out of every $11 donated in 2020 went to the 100 largest not-for-profits, a sign of the gigantic percentage big not-for-profits get compared to the more than 1 million other charitable organizations in the United States.
Small charities nationwide have faced significant losses in charitable giving as donors cut back during the COVID-19 health and economic crisis: Four in 10 have suffered a decline in donations, according to a study released Thursday.
John Mutz has donated nearly $2.3 million in four years to kick-start and support research by the Northwestern University Medill School of Journalism’s Local News Initiative.
Criticism has helped drive a Senate bill that would tighten the rules for donor-advised funds and aim to speed donations to charities.
A 125-year-old landmark firehouse on East Washington Street that previously housed a photography business and a reception center for Angie’s List has been donated to the Indianapolis Metropolitan Police Department.
The United Way of Central Indiana announced Wednesday that a donation of a previously undisclosed amount from philanthropist and author MacKenzie Scott is the largest gift from a single donor the organization has ever received.
While charitable giving increased overall last year, the number of million-dollar-plus gifts from individuals to Indiana organizations appears to have decreased.
Nike founder Phil Knight and his wife, Penny, made the second- and third-largest donations last year, according to the Chronicle of Philanthropy’s annual list of top donations.
Among the recipients are five organizations in Indiana, including two in Indianapolis.
Giving Tuesday was launched in 2012 as a way to get people to donate on the Tuesday after Thanksgiving, when people are already opening their wallets for the kickoff of the holiday shopping season.
John Mutz made the donation to establish a newly endowed chair at Northwestern University’s Medill School of Journalism that will study and support innovation in local news at the school.
Even as he’s worked to lead the state through the coronavirus pandemic, Gov. Eric Holcomb has managed to raise millions of dollars for his reelection campaign.
