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CoStar makes $18M pledge to VCU for arts building
CoStar Group, the Washington, D.C.-based real estate data analytics company with a large presence in Richmond, has committed to give $18 million to Virginia Commonwealth University to build an arts and innovation academic building in Richmond, the company announced Friday. The building, which will tentatively be named the CoStar Center for Arts and Innovation, will […]
NSU receives $1M donation for chair endowment
Retired Dominion Enterprises Inc. President and CEO Conrad M. Hall has donated $1 million to Norfolk State University, the university announced Friday. The gift from Hall, who serves on NSU’s board of visitors, will support the creation of an endowed chair, the Conrad M. Hall Endowed Chair in Constitutional and U.S. History, in NSU’s Department […]
GMU biz school receives $50M bequest
George Mason University’s School of Business will be renamed for the late Donald G. Costello, a Loudoun County native and business owner who left the university $50 million in his will, GMU announced last week. The donation is the university’s largest individual gift in its 50-year history. Costello, who died in 2017 at the age […]
UR alumni couple donates $3M to support Jewish life
Carole and Marcus Weinstein, alumni of the University of Richmond and recent donors of $25 million to the university, have given an additional $3 million to the university’s chaplaincy to support Jewish life, UR announced Monday. “We have participated in several Jewish life events on campus and are excited to contribute to the ongoing efforts […]
Va. Tech names SVP for advancement
Virginia Tech has promoted Charlie Phlegar to senior vice president for advancement, the university announced Thursday. Phlegar has led efforts in fundraising, alumni relations, communications and marketing since 2015. Under his leadership, Tech’s advancement division has secured record amounts of new gifts and commitments, including $268.5 million in fiscal year 2021-2022. Undergraduate giv[...]
Goodwill of the Valleys names philanthropy exec
Donna Stucker is the new chief philanthropy officer for Goodwill Industries of the Valleys. Stucker assumed her role April 3, according to a news release. She will lead a new capital campaign and associated donor development and will plan and manage an effort to grow donations for the Roanoke-based Goodwill chapter, which serves 35 counties […]
U.Va. commerce alum donates $10M for scholarships
A University of Virginia alumnus, John Connaughton, and his wife, Stephanie, have donated $10 million to fund need-based undergraduate scholarships for McIntire School of Commerce students, the university announced Thursday. U.Va. will match the couple’s gift, which establishes the Connaughton Bicentennial Scholars Fund. Portions of the Connaughtons’ gift will go toward the launch of &[...]
UR alumni couple donates $25M for student learning center
Carole and Marcus Weinstein, alumni of the University of Richmond, have donated $25 million — the second-largest single gift in the Richmond university’s history — to support a center focused on student learning, UR announced Wednesday. The Carole and Marcus Weinstein Learning Center will be located in the Boatwright Memorial Library. The gift will enable […]
UMW alumna gives $30M to support research, scholarships
A 1959 graduate of the University of Mary Washington has bequeathed $30 million to her alma mater — the largest donation in the Fredericksburg university’s 115-year history — to support undergraduate research and scholarships, UMW announced Thursday. Irene Piscopo Rodgers, who died in 2022, earned a bachelor’s degree in chemistry from what was then called […]
Paying it forward
In the last year, Virginia philanthropists continued making generous donations toward health care research, while others maintained their longstanding support of art museums. Leading the pack were two nine-figure donations for medical research. In February 2022, Dr. Todd Stravitz, who built his expertise researching and treating liver disease, donated $104 million to Virginia Commonwealth Universi[...]
March 2023 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Jan. 14 to Feb. 13 included Gov. Glenn Youngkin’s controversial decision to prevent a Ford electric battery factory from coming to Southern Virginia over worries about the project’s ties to China. The plant instead will be locating in Michigan, about 100 miles west of […]
Angela and Carl Reddix donate $1.1M to JMU
James Madison University alumni Angela and Carl Reddix have made a $1.1 million commitment to their alma mater to support first-generation college students, JMU announced Friday. Founder, president and CEO of Norfolk-based ARDX, a health care management and IT consulting firm, Angela Reddix studied marketing at JMU and graduated in 1990. Her husband, Carl, studied […]
