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MacKenzie Scott pledges $15M to PATH Foundation
Billionaire philanthropist MacKenzie Scott has pledged $15 million to the Warrenton-based PATH Foundation, an organization that provides grants for health-focused organizations in Fauquier, Rappahannock and Culpeper counties, PATH announced Thursday. Scott, the billionaire ex-wife of Amazon.com Inc. founder Jeff Bezos, has made large donations to many nonprofits and universities, including in Virg[...]
Bowman gives $5M to Va. Tech for land development program
Reston-based Bowman Consulting Group Ltd. founder and CEO Gary Bowman committed $5 million to Virginia Tech’s College of Engineering for the expansion of sustainable land development learning initiatives, the university announced Monday. “The Bowman gift solidifies Virginia Tech as the premier undergraduate and graduate programs in the field of sustainable land development,” Mark Widdows[...]
U.Va. School of Nursing receives $14M donation
The Carlyle Group co-founder, interim CEO and non-executive co-chairman William E. “Bill” Conway Jr. and his wife, Joanne, have committed $14 million to the University of Virginia’s School of Nursing, the university announced Friday. Adding to previous donations, the Conways’ gifts now total $49 million. “Our goal of supporting the School of Nursing is twofold,” [&helli[...]
Va. Tech receives $1M gift for learning accelerator
Virginia Tech on Tuesday announced that it will establish a new learning accelerator at the university‘s Pamplin College of Business through a $1 million gift from an alumnus and his wife. Omar Asali, a 1992 Virginia Tech graduate and chairman and CEO of Ohio-based Ranpak Holdings Corp., made the gift with his wife, Rula, through […]
VCU’s theater department receives $5M donation
Virginia Commonwealth University has received a $5 million donation from Charlottesville resident James H.T. McConnell Jr. for the Department of Theatre in the School of Arts, the university announced Thursday. The gift will create three endowed funds to promote education and social awareness and to examine social justice through the lens of theater, according to […]
Joan Brock makes $34M gift to Chrysler Museum
The Chrysler Museum of Art, in Norfolk, announced Tuesday that Hampton Roads philanthropist Joan Brock has donated $34 million, including 40 works of art and two position endowments. The gift will also support the expansion of the Perry Glass Studio. Joan Brock, a longstanding supporter of the Chrysler Museum, was the first woman to preside […]
Carilion receives $1M gift for cancer program
Roanoke real estate developer Maury Strauss has donated $1 million in honor of his late wife to support the expansion of Carilion Clinic’s cancer program, Carilion announced Tuesday. Sheila Strauss died of bladder cancer in 2016; the couple were married 65 years. Maury Strauss is the founder of Strauss Development Corp. “We are so grateful […]
U.Va. hits $4B in capital campaign
The University of Virginia has hit its $4 billion benchmark in its $5 billion Honor the Future capital campaign three years ahead of its deadline, the university announced this week. U.Va. has brought in significant individual donations during the fundraising campaign, including a record-breaking $120 million gift from alumni Jaffray and Merrill Woodriff in 2019, […]
Top Five: May 2022
The top trending major business stories on VirginiaBusiness.com from March 15 to April 14 were led by news of the death of Fairfax County developer John “Til” Hazel Jr. 1 | Fairfax County developer John ‘Til’ Hazel Jr. dies at age 91 Hazel was a key figure in the transformation of Tysons from a rural […]
Carilion Clinic receives $1M gift for education program
An anonymous couple has given Carilion Clinic a $1 million gift to support its employee career advancement program, the Roanoke health system announced Thursday. The Your Efforts, Supported program (YES) will launch later this year, with a goal to assist entry-level health care employees to earn certifications and further their education to meet career goals. […]
U.Va. Athletics receives $40M anonymous gift
The University of Virginia’s athletics department has received a $40 million anonymous bequest from a former student-athlete, the university announced Tuesday. The donation is the largest in the Virginia Athletics Foundation’s history. Part of U.Va.’s $5 billion capital campaign, the donation will be used to broadly support the university’s athletic programs, student-athlet[...]
Norfolk Southern donates archives to museum
Atlanta-based Norfolk Southern Corp. donated its complete collection of historical documents and archives from Norfolk and Western Railway, its predecessor, to the Virginia Museum of History & Culture, the company announced last week. Norfolk Southern, formerly headquartered in Norfolk, also provided a $750,000 grant to help the museum digitize, catalog and preserve the collection, and [&helli[...]
