15 08, 2019

‘Venture philanthropy:’ The new investing hope to fund scientific breakthroughs | Financial Post

By |2019-08-15T09:11:07+00:00August 15th, 2019|Foundation-support|0 Comments

Investors normally trade stocks, bonds or real estate, but entrepreneur Michael Hyatt is investing in science projects in hopes of backing an experiment that changes history. The chair of the Hyatt Family Foundation is teaming up with Sick Children’s Hospital in Toronto to create a fusion between investing and charity — they call it venture [...]

1 08, 2019

UWM entrepreneurship center receives $1 million from Bud and Sue Selig

By |2019-08-01T10:21:03+00:00August 1st, 2019|Foundation-support, Gap support programs, Wisconsin|0 Comments

The University of Wisconsin-Milwaukee announced a $1 million gift Wednesday from former Milwaukee Brewers owner Bud Selig and his wife, Sue, the latest of several high-profile investments by big names in UWM and the UW System. Selig, who is the commissioner emeritus of Major League Baseball, is credited with bringing MLB back to Milwaukee in 1970 when he [...]

27 06, 2019

Broad Foundation boosts California stem cell research funding with $10M gift to USC

By |2019-06-27T09:32:10+00:00June 27th, 2019|Foundation-support|0 Comments

SC’s groundbreaking stem cell research and training programs have received a major boost thanks to a $10 million gift from the Eli and Edythe Broad Foundation. The donation is part of the foundation’s latest $30 million funding initiative to support its namesake Eli and Edythe Broad stem cell research centers at USC, UCLA and University of California, [...]

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, [...]