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Eli Broad, a businessman and philanthropist whose vast fortune, extensive art collection and zeal for civic improvement helped reshape the cultural landscape of Los Angeles, died on Friday at Cedars-Sinai Medical Center in Los Angeles. He was 87. [...]
Mr. Broad (pronounced “brode”) made billions in the home-building and insurance businesses and spent a significant part of his wealth trying to make Los Angeles one of the world’s pre-eminent cultural capitals.
— The New York Times
Broad is best known for his extensive philanthropic work focused on public education, scientific and medical research, and the visual and performing arts. He, along with his wife Edythe, has given more than $4 billion to support these efforts. Their work has placed them among the leading... View full entry
31-year-old entrepreneur Fanyu Lin has initiated a new philanthropic enterprise called the World Home Foundation, an effort focused on providing homes to undeserved populations that include low income urban citizens, migrants, and refugees. The new endeavor addresses a common... View full entry
In a recently released video, Williams donned a pair of jeans, workboats, a hardhat and went to work on Salt Marsh Elementary School in Trelawny Parish, Jamaica. Williams, who has won a total of 39 Tennis Grand Slams – including Doubles titles, has also built grade schools in Uganda, Kenya, and Zimbabwe. Williams built the Marsh Elementary through a partnership with the nonprofit Helping Hands Jamaica, while the schools in Africa were in conjunction with Build Africa. — Black Press USA
The work is part of the mission of Williams' Serena Williams Fund and her other charitable efforts, which include the Serena Williams Venture, an organization that seeks to incest in companies that embrace diverse leadership, individual empowerment, creativity, and opportunity, reports Black... View full entry
The V&A Dundee is facing mounting pressure to return philanthropic donations tainted by opioid profits. The museum has reportedly received a £500,000 grant linked to the Sackler family, who, as the owners of OxyContin maker Purdue Pharma, have been embroiled in controversy for their role in... View full entry
In June 2016, the MacArthur Foundation launched a high-stakes contest for an incredibly large grant. The big bet competition, called 100&Change, promised $100 million to whatever group could come up with the boldest idea for tackling one of the world's most pressing challenges. The winning... View full entry
It's been a tumultuous year for Cooper Union: after revoking and then reconsidering its free tuition policy for students last year, the institution saw numerous prominent trustees resign. Now, Cooper Union has appointed executive director of the William Penn Foundation Laura Sparks as its first... View full entry
Cultural giving among America’s top philanthropists fell slightly in 2014, according to an annual ranking of the 50 largest charitable donors released last week by the Chronicle of Philanthropy. This news might come as a surprise to US museum directors, who have been swiftly—and quietly—raising eight-, nine-, and ten-figure donations from eager patrons. Their ambitious capital campaigns make the austerity measures of the recent recession feel like a distant memory. — theartnewspaper.com
Related: Who pays for the new private museums after the death of their aging founders? View full entry
For the sake of preserving the holy modern architectural canon (and some), The Getty Foundation officially announced today the first 10 projects to receive grants of their Keeping it Modern initiative. In a race against time among other challenging factors, the philanthropic effort aims to... View full entry
Phyllis Lambert, Founding Director Emeritus of the Canadian Centre for Architecture, has been announced as the 2014 recipient of the Golden Lion for Lifetime Achievement. The award comes from the upcoming Venice Biennale -- the 14th International Architecture Exhibition Fundamentals opening June 7 through Nov. 23, 2014.
Aside from founding the CCA, Lambert is also widely known for commissioning the historic Seagram Building in New York to Mies van der Rohe.
— bustler.net
Lambert was selected by the Board of la Biennale di Venezia, chaired by Paolo Baratta, under Director Rem Koolhaas. She will formally accept the Golden Lion award on June 7 at 11 a.m. in the Giardini of la Biennale, during the 14th International Architecture Exhibition opening and award... View full entry
