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philanthropy

University of Richmond's women's lacrosse team. Photo courtesy University of Richmond
Jun 22, 2026

Former University of Richmond rector makes $10M gift

Paul and Anne-Marie Queally donated $10 million to help build a new University of Richmond lacrosse facility, expected to open in 2029.

Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci//File Photo
Jun 17, 2026

One in a trillion: Musk’s milestone 

Elon Musk became history's first trillionaire following the successful SpaceX IPO, marking a new wealth milestone with significant economic impact.

U.Va. alumni Kathleen and David LaCross. Photo courtesy University of Virginia
Jun 5, 2026

U.Va. gifted $43.4M for early childhood learning center

U.Va. receives a $43.4 million gift from Kathleen and David LaCross to build an early childhood learning center in Charlottesville.

Virginia Tech's Lane Stadium. Photo by Jack Morgan for Virginia Tech
Jun 5, 2026

Virginia Tech receives record $75M anonymous donation

Virginia Tech announced Thursday that it received a $75 million anonymous donation, the Blacksburg university's largest commitment ever.

Long Nguyen and Kimmy Duong, Fairfax County business leaders, are longtime philanthropists, including at George Mason University. Photo by Will Schermerhorn
Jun 1, 2026

Philanthropist gives half her fortune to George Mason

Kimmy Duong donated $20 million to George Mason University, supporting scholarships and student success in northern Virginia.

Philanthropist Jane Batten. Photo courtesy William & Mary’s Batten School of Coastal & Marine Sciences
Apr 30, 2026

Batten donates $10M to Hollins University scholarship program

Hollins University has received a $10 million gift from alumna Jane Batten to support its HOPE Scholarship program.

Courtesy Virginia Credit Union
Mar 18, 2026

Virginia Credit Union pledges $2.5M to Radford University

Virginia Credit Union pledged $2.5M to Radford University to create a financial success center that offers money management education.

Former Advance Auto Parts CEO Nicholas F. Taubman and Eugenia L. Taubman have given over $42 million to Carilion Clinic. Photo courtesy Carilion Clinic
Mar 1, 2026

Philanthropists boost Virginia universities, health systems

Virginia universities and health systems received major philanthropic gifts in 2025, including multimillion-dollar donations to support scholarships, programs, and health initiatives.

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Jim and Augustine Smith. Photo courtesy of the Smiths.
Feb 9, 2026

Couple donates $20M for Virginia Tech medical scholarships

A $20M gift to Virginia Tech Carilion School of Medicine will fund in-state scholarships and help address Virginia’s doctor shortage.

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University
Dec 31, 2025

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new arts center, upgrade athletics facilities and create endowed professorships and new course offerings. Shine: The Sesquicentennial Campaign is the largest capital drive in the Winchester university’s 150-year history. Its private phase began in July 2022 and surpassed $85 million […]

Virginia Tech has received a record $20 million anonymous donation toward the school’s athletics program. Photo courtesy Virginia Tech
Dec 17, 2025

Virginia Tech receives $20M anonymous donation for athletics

Virginia Tech has received a $20 million anonymous donation, the largest gift in the school’s history, toward the school’s athletics program.

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