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Altria donates $3M to Better Housing Coalition
The Richmond-based nonprofit Better Housing Coalition (BHC) announced Monday it has received the largest corporate gift in its 33-year history — a $3 million gift from Henrico County-based Fortune 500 tobacco product manufacturer Altria Group Inc. BHC plans to use the donation to develop more affordable housing in the greater Richmond region. It will also […]
Wells Fargo makes $1.5M donation for small business loans
Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, announced Thursday it has donated $1.5 million to Richmond-based nonprofit Virginia Community Capital (VCC) to help local minority and/or woman-owned small businesses stay open and save jobs amid the pandemic. During the next two years, the VCC will disburse $1 million of the funding in […]
Dominion Energy makes $1M donation to Virginia 4-H
Dominion Energy Inc. has donated $1 million to Virginia 4-H, a nonprofit educational program for youth hosted by Virginia Tech, the university announced Thursday. The donation marks the largest cash gift in the history of the state’s largest youth organization. Virginia 4-H educational centers serve more than 13,000 campers each summer, nearly 18,000 youth participate […]
Virginia Tech receives $10M gift for AI center, other programs
With a $10 million gift from Mehul Sanghani, CEO of Reston-based Octo Consulting Group, and his wife, Hema, Virginia Tech has renamed its Center for Artificial Intelligence and Data Analytics in the couple’s honor. The Sanghani Center will move its headquarters to Virginia Tech’s $1 billion Innovation Campus, which will be under construction starting this […]
Goodwill of Central and Coastal Va. receives $10M gift
Goodwill of Central and Coastal Virginia announced Tuesday it has received a $10 million grant from novelist MacKenzie Scott, who has donated more than $4.2 billion across 384 organizations during the past four months. Scott is the former wife of Amazon.com Inc. CEO Jeff Bezos. The gift will help Goodwill provide job-readiness training to people […]
VCU and VCU Health receive $24M gift
The C. Kenneth and Dianne Wright Foundation has donated $24 million to Virginia Commonwealth University and VCU Health, the university announced Friday. The gift was made in honor of the late C. Kenneth “Ken” and Dianne Wright, who died in 2019 and 2013, respectively. They were longtime supporters of VCU and VCU Health, with philanthropic […]
‘From K to grey’ – Bank of America donates $100K to VCU for tech talent pipeline
Continuing a yearslong partnership with Virginia Commonwealth University, Bank of America has awarded a $100,000 grant to the school’s College of Engineering Foundation to focus on establishing data science talent pipelines. The idea behind the grant is to develop interest in computer science and other STEM programs for “K to grey,” says VCU College of […]
U.Va. launches Sands Institute for Lifelong Learning
Using its largest-ever gift — a $68 million donation last year from Frank M. Sands Sr., founder of Sands Investment Group Inc. — the University of Virginia’s Darden School of Business announced Friday it has launched the Marjorie R. and Frank M. Sands Sr. Institute for Lifelong Learning. The Sands Institute for Lifelong Learning will […]
VCU College of Engineering receives $1M anonymous gift
An anonymous donor has made a $1 million gift to the Virginia Commonwealth University College of Engineering to provide funds for programming and support for international students, VCU announced Tuesday. Part of the gift will establish a global education and international student support fund (to be administered through VCU’s Global Education Office) and additional funding […]
The Generous Virginians Project
Despite record-breaking gifts to universities and nonprofit organizations in 2019 and early 2020 — including a $68 million gift to the Darden School of Business and $50 million gifts to Virginia Tech and George Mason University — philanthropic giving in Virginia this year has quickly pivoted from traditional donations to gifts that are responding to recent […]
Altria to donate $5M to social justice nonprofits, businesses
Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. announced Friday that it will donate $5 million to national and local organizations that address systematic racism and small businesses that have been affected by vandalism associated with recent protests and rioting. “These are difficult times, and we must find ways to embrace our differences, address […]
