///Foundation-support
16 05, 2019

$1.4M gift creates the Alabama Power Endowed Innovation Fund at UA 

By |2019-05-16T07:10:50+00:00May 16th, 2019|Foundation-support, Student Funds|0 Comments

A $1.4 million grant will fuel business innovation, entrepreneurship, small business growth and talent retention in the state. Alabama Power Foundation provided the funds to the University of Alabama to establish the Alabama Power Endowed Innovation and Talent Retention Fund. The fund, which will be managed by the Office of the Vice President for Research [...]

13 03, 2019

$6M Endowment Fund: U of T planning to establish new medical research fund with

By |2019-03-13T10:10:28+00:00March 13th, 2019|Foundation-support|0 Comments

Plans are underway to establish a $6 million endowment fund to support medical research conducted by U of T faculty members. The endowment, slated to be named the Drucker Family Innovation Fund, was proposed by U of T Professor of Medicine Daniel Drucker and is planned as part of the university’s celebration of the 100th [...]

5 03, 2019

$10M gift sparks new program that will develop leaders of innovative ventures 

By |2019-03-05T07:16:57+00:00March 5th, 2019|Foundation-support, Massachusetts, Student Funds|0 Comments

Believing that today’s complex problems require interdisciplinary solutions and innovative, technology-based thinking, Thomas S. Roberts (MBA 1989) and his wife, Kristen, were intrigued by the idea of helping Harvard undergraduates with a passion for technology and entrepreneurship become future leaders of innovative ventures. So, the Roberts are excited to be supporting the Undergraduate Technology Innovation [...]

28 01, 2019

Chevron gifts $450,000 to Fresno State programs 

By |2019-01-28T09:49:58+00:00January 28th, 2019|California, Corporate, Foundation-support|0 Comments

Fresno State officials announced a $450,000 gift from Chevron to benefit innovation programs at the university. The gift benefits key initiatives in several areas across campus to advance science, technology, engineering and mathematics (STEM) programs. “It is very exciting to see how our contribution will be implemented and will make a direct impact not only [...]

13 11, 2018

Alumni to support WVU start-up and entrepreneurship efforts 

By |2018-11-13T08:21:46+00:00November 13th, 2018|Foundation-support, West Virginia|0 Comments

John Chambers, a West Virginia native and West Virginia University alumni, was announced last week as a major supporter behind WVU's efforts to promote entrepreneurship and business growth in the state. Along with his knowledge, Chambers will share substantial financial resources with the university, which has renamed their College of Business and Economics in his honor. “I’ve [...]

1 11, 2018

IU Philanthropic Venture Fund commits $500,000 to drug development company

By |2018-11-01T10:25:16+00:00November 1st, 2018|Foundation-support, Indiana, New Investments/Awards, Venture Fund|0 Comments

The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John [...]

5 09, 2018

Alumni gifts to expand entrepreneurship at Loyola 

By |2018-09-05T08:37:32+00:00September 5th, 2018|Foundation-support|0 Comments

In late July, Loyola received two gifts from alumni totaling more than $1.46 million. The gifts came from Nick Simon ’84, and the Frank family (George Frank ’50 and Tim Frank ’85) with the intention to further expand entrepreneurship at Loyola. Simon has more than 30 years of operating and investment experience in the biopharmaceutical industry, including at Genentech, [...]

16 08, 2018

Celgene Donates $100K to Rutgers’ TechAdvance® Gap Funding Program

By |2018-08-16T09:01:06+00:00August 16th, 2018|Foundation-support, New Jersey|0 Comments

Rutgers University’s TechAdvance Fund, a proof-of-concept fund created through the university’s Office of Research and Economic Development (ORED) to advance early stage Rutgers technologies toward commercialization, received $100,000 from Celgene Corporation, marking the first corporate donation since the program’s inception in June 2017. “The TechAdvance program serves as a catalyst to move Rutgers inventions beyond [...]

2 08, 2018

Purple Arch Wants to Back More Northwestern Alumni Startups With 2nd Fund

By |2018-08-02T08:45:19+00:00August 2nd, 2018|Foundation-support, Illinois, Startup Fund|0 Comments

Purple Arch is a venture fund for Northwestern alumni, by Northwestern alumni. And the young VC firm is already raising its next fund to back more entrepreneurs that bleed purple and black. Purple Arch, founded in 2016, closed its first fund last year. The $5 million fund backed 20 Northwestern University-affiliated startups, including Chicago startups like [...]

2 08, 2018

Emerging source of innovation funding?Penn State University launches new donor-advised fund

By |2018-08-02T08:42:02+00:00August 2nd, 2018|Foundation-support|0 Comments

Penn State has partnered with TIAA Charitable to provide alumni and friends with a leading-edge, donor-advised fund, the Penn State Giving Fund, which they can use to enhance their overall philanthropy while supporting the University. Donors can open a Penn State Giving Fund beginning today. “The University is enthused to partner with TIAA Charitable to [...]