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 […]
Emory & Henry receives $2M gift for equestrian expansion
Emory & Henry College will use a $2 million donation from The Bill Gatton Foundation to help construct a new equestrian center and boost its equine studies program. The private college, based in Emory, announced the donation Monday. The Bristol, Tennessee, foundation’s lead gift for the project was to Emory & Henry’s Collective Connections Campaign, […]
$100M donor gift to launch U.Va. biotech institute
The University of Virginia will build a biotechnology institute funded with a $100 million donation from Charlottesville investor Paul Manning and his wife, Diane, the university announced Friday. Along with the Mannings’ gift, U.Va. will contribute $150 million, and the state has allocated $50 million in initial investments for the institute in its 2022-24 budget, […]
Roanoke couple gives Carilion $1M toward expanding cancer services
Roanoke businessman George Logan and his wife, Helen Harmon Logan, have donated $1 million to Carilion Clinic to help fund expansion of the Roanoke-based health system’s cancer services. “The Logans have contributed much to Carilion and to our community’s success over the years,” Ralph Alee, Carilion’s vice president for philanthropy, said in a statement released […]
ODU announces $500M capital campaign
Old Dominion University on Thursday announced the formal launch of a five-year, $500 million campaign to raise money for scholarships, research, campus improvements and faculty recruitment, with the university saying it’s already more than halfway to meeting its fundraising goal. ODU President Brian O. Hemphill announced the campaign, Forward Focused: For Dreams and Beyond, Oct. […]
Genworth president gives $1.5M to W&M
William & Mary has established a new postdoctoral fellowship in its Global Research Institute, funded by a $1.5 million gift from Genworth Financial Inc. President and CEO Tom McInerney, the college announced Wednesday. The fellowship will advance the GRI’s international study and research collaborations. A multidisciplinary hub, the institute has facilitated applied research projects in[...]