Simon family donates $40M to Riley
A $40 million gift from the Simon family to Riley Hospital for Children will help finish a new 10-story in-patient building and launch a fund-raising campaign, Riley Children's Foundation announced this morning.
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Endowments on rise for small not-for-profits
Leaders of small not-for-profits often are so concerned with day-to-day survival that they have little–if any–time to worry
about saving for the future. A growing number of local organizations are bucking that trend, taking a proactive approach to
build an endowment its leaders hope will result in more stable, predictable income.
High-profile, high-dollar gifts put Fairbanks Foundation among philanthropic elite
The charitable organization awarded 84 grants totaling nearly $22 million in 2005. Already this year, it has announced another
$24.5 million in high-profile, high-dollar gifts that will ensure the Fairbanks name isn't forgotten.