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Carilion Clinic receives $1M gift for education program
An anonymous couple has given Carilion Clinic a $1 million gift to support its employee career advancement program, the Roanoke health system announced Thursday. The Your Efforts, Supported program (YES) will launch later this year, with a goal to assist entry-level health care employees to earn certifications and further their education to meet career goals. […]
U.Va. Athletics receives $40M anonymous gift
The University of Virginia’s athletics department has received a $40 million anonymous bequest from a former student-athlete, the university announced Tuesday. The donation is the largest in the Virginia Athletics Foundation’s history. Part of U.Va.’s $5 billion capital campaign, the donation will be used to broadly support the university’s athletic programs, student-athlet[...]
Smithfield Foods donates $2M to Ukraine relief efforts
Virginia-based Smithfield Foods Inc. announced a $2 million donation to relief efforts in Ukraine Monday. The nation’s largest pork processor and hog producer donated $250,000 each to the Global Red Cross Network, Mercy Chefs, Save the Children and World Central Kitchen. “Like the rest of the world, we are humbled and moved by the resilience […]
Owens & Minor donates PPE to Ukraine
Mechanicsville-based Fortune 500 health care logistics company Owens & Minor announced Monday that it is donating $500,000 in medical-grade personal protective equipment to support humanitarian relief in Ukraine and other impacted countries. The donations, which includes exam gloves, masks and gowns, was coordinated across distribution centers in Chicago, Pittsburg and Philadelphia to speed [...]
Eyes on the future
In 2021, a year marked by continuing pandemic uncertainty and overloaded health care systems, philanthropists and corporations gave generously, supporting construction and research projects at Virginia universities and hospitals. Following 2020, a year that saw record-breaking donations to Hampton, Norfolk State and Virginia State universities by billionaire MacKenzie Scott, 2021 saw similarly gen[...]
U.Va. creates new center for real estate
The University of Virginia has established a new Center for Real Estate and the Built Environment at the McIntire School of Commerce with a $10 million alumni gift, the university announced Tuesday. The center, which will serve as a hub to bring together U.Va.’s commercial real estate curriculum with university research, is being launched with […]
Great responsibility
“Business can be a force for good. I absolutely believe it,” says Byron L. Boston, CEO and co-chief investment officer of Glen Allen-based real estate investment trust Dynex Capital Inc. “CEOs have an obligation to use profit to do positive things in the community.” Boston and 11 other prominent Black business and nonprofit leaders spoke […]
Hollins University alumna makes $75M donation
Hollins University has received a $75 million donation from an anonymous alumna, the largest in its history and believed to be the largest private donation to a women’s college, the university announced Thursday. The gift will fund scholarships and undergraduate financial need. It will be given in $25 million increments to the Hollins endowment over […]
Va. Tech alum donates $35M, largest single gift in school history
The largest single gift ever made to Virginia Tech, $35 million, comes from a man who grew up without running water or electricity. The university announced the gift from Norris and Wendy Mitchell Tuesday. Norris E. Mitchell, a 1958 graduate of Virginia Tech, and his wife, Wendy, committed $35 million to Virginia Tech, the largest […]
Carilion Clinic names first VP for philanthropy
Carilion Clinic has hired its first vice president for philanthropy in October, the Roanoke-based health system announced Monday. Ralph Alee provides strategic leadership for systemwide fundraising efforts, works with executive leadership in strategic planning for strengthening philanthropy, and will collaborate and help with Carilion’s $100 million capital campaign for a new cancer center, [...]
Hampden-Sydney College receives three donations totaling $12.25M
Hampden-Sydney College has received donations of $11 million, $1 million and $250,000 in support of its science programs and science center under construction, the college announced Thursday. “While the college has emphasized the sciences since its founding, the need for a state-of-the-art science facility and for all Hampden-Sydney students to graduate with a high degree […]
Mary Baldwin alum makes $12.5M gift
A 1965 alumna of Mary Baldwin University has given her alma mater $12.5 million, which will mainly go toward unrestricted support of the private university in Staunton, MBU announced Wednesday. Paula Stephens Lambert, a Dallas resident who founded Mozzarella Co. in 1982 and introduced many European handmade cheeses to the United States market on a […]
