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W&M receives $50M gift from alum for Batten School, VIMS
William & Mary alumnus Dr. R. Todd Stravitz has donated $50 million to the Williamsburg university to create a full-tuition scholarship fund for its new Batten School of Coastal & Marine Sciences and the Virginia Institute for Marine Science, W&M announced Thursday. This is W&M’s largest ever scholarship fund donation, it said in the announcement, […]
JMU receives $2.5M gift for new library wing
James Madison University has received a $2.5 million gift for the new wing of its Carrier Library. Alexandria residents Stan and Rosemary Jones provided the donation, which the Harrisonburg public university announced in late November. A 1954 physics and math alumnus of what was then Madison College, Stan worked for McLean-based Mitre as an engineer […]
U.Va. Wise receives largest ever donation
The University of Virginia’s College at Wise has received its largest ever donation, $11.2 million, from The Bill Gatton Foundation, the Wise County college announced Monday. The late Carol Martin “Bill” Gatton, a successful businessman who owned the Gatton Automotive Group with dealerships in Kentucky and Tennessee, made significant gifts to the University of Kentucky […]
U.Va. dedicates Ramon W. Breeden Jr. Commerce Grounds
The University of Virginia on Friday dedicated the Ramon W. Breeden Jr. Commerce Grounds plaza and officially named “Breeden Way,” located adjacent to the McIntire School of Commerce. The honor is in recognition of Breeden’s legacy as founder and chair of Virginia Beach-based real estate company The Breeden Co., as well as his philanthropy to […]
Yagen makes $100M donation to Military Aviation Museum
Gerald “Jerry” Yagen, founder of the Aviation Institute of Maintenance and Centura College, has made a $100 million gift to Virginia Beach’s Military Aviation Museum, including his private collection of 70 vintage military aircraft, the museum announced last week. In the 1990s, Yagen began collecting aircraft from the first 50 years of aviation history, from […]
Virginia 500: The 2024-25 Power List
Who are Virginia’s most powerful and influential leaders in business, government, politics and education this year? Find out in the fifth annual edition of the Virginia 500: The 2024-25 Power List. Read more about how we assembled the Virginia 500 from our editor. Executives are listed in alphabetical order by industry. Below you will find links […]
2024 Virginia 500: Nonprofits | Philanthropy
SHERRIE ARMSTRONG PRESIDENT AND CEO, COMMUNITY FOUNDATION FOR A GREATER RICHMOND, RICHMOND DR. ELIZABETH CHEROT PRESIDENT AND CEO, MARCH OF DIMES, ARLINGTON COUNTY SORAYA CORREA PRESIDENT AND CEO, NATIONAL INDUSTRIES FOR THE BLIND, ALEXANDRIA JACK DYER ‘J.D.’ CROUCH II PRESIDENT AND CEO, UNITED SERVICE ORGANIZATIONS, ARLINGTON COUNTY [&he[...]
Taubmans give $25 million for Carilion cancer center
Carilion Clinic will soon break ground on a new building for an expanded cancer program thanks to a $25 million gift from a Star City family, the largest ever made to the nonprofit health care system. The gift from former Advance Auto Parts CEO Nicholas Taubman, also a past U.S. ambassador to Romania, and his […]
Top Five September 2024
The five most popular daily news stories on VirginiaBusiness.com from July 15 to Aug. 15 included news of Liberty University and Jerry Falwell Jr. resolving their legal disputes. 1 | Liberty, Falwell Jr. reach global settlement Liberty University and its former president and chancellor, Jerry Falwell Jr., reached a global resolution agreement settling […]
W&M gets $100 million boost for coastal research
Jane Batten, the matriarch of a Hampton Roads family known for philanthropy, pledged $100 million to William & Mary in July to boost coastal and marine science research toward finding global solutions for flooding and sea-level rise. The newly named Batten School of Coastal & Marine Sciences will expand the Virginia Institute of Marine Science […]
Batten donates $100M to expand W&M marine, coastal research
Jane Batten, the matriarch of a Hampton Roads family known for its philanthropy, has pledged $100 million to William & Mary to boost coastal and marine science research towards finding global solutions for flooding and sea-level rise, the Williamsburg university announced Wednesday. The newly named Batten School of Coastal & Marine Sciences will expand the […]
Inova raises $83M to match Schars’ $75M gift
Inova Health System has raised $83 million over the past year, surpassing the “Schar Challenge” issued by donors Dwight and Martha Schar when they made a $75 million matching gift to Inova in May 2023. The Schars’ most recent gift to support Inova’s heart and vascular services and the gifts to match it made by […]
