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Fortnite video game CEO makes Va.’s largest land conservation gift
North Carolina billionaire and Epic Games Inc. CEO Tim Sweeney has donated 7,300 acres of privately-owned land in Halifax County to the state — the largest single private land conservation gift in Virginia history, Gov. Ralph Northam announced Friday. Cary, North Carolina-based Epic is the company behind the massively popular video game franchise Fortnite, which […]
Mary Baldwin University announces $5 million gift
William H. “Bill” Goodwin Jr. and his wife, Alice, have made a $5 million gift to Mary Baldwin University to fund the launch of a new hybrid doctor of nursing practice degree program. The prominent Richmond philanthropic couple, who have given tens of millions of dollars to charitable causes, said in a statement that they […]
Hampden-Sydney receives $12M gift from alum’s estate
Hampden-Sydney College announced Tuesday it has received a $12 million gift — the second-largest in the history of the 245-year-old private men’s college — from the estate of a 1937 graduate and his wife. The estate of M. Blair Dickinson Jr. and Sarah “Lucile” Lawton Dickinson bequeathed the gift to the college, which Blair Dickinson […]
Mary Baldwin receives $1M gift to endow building
Mary Baldwin University has received a $1 million gift from the Robert Haywood Morrison Foundation to endow the building that houses the university’s Program for the Exceptionally Gifted for girls age 13 and older seeking college degrees, MBU announced Wednesday. The building will be named in honor of President Emerita Cynthia Haldenby Tyson at a […]
$5M donation establishes Bridgewater’s School of Arts and Humanities
A 1962 alumna of Bridgewater College has made a $5 million donation that will establish the Bonnie Forrer and John Harvey Rhodes School of Arts and Humanities, named for the donor and her late husband. The private college’s first named and endowed school will combine its existing communications, fine arts and literature divisions with its […]
Averett University hires VP for philanthropy
Averett University announced Wednesday it has hired Melissa Wohlstein as vice president for philanthropy, effective Tuesday. Wohlstein has nearly 20 years of experience in higher education settings. She most recently served as the associate vice president of development at Hollins University. “With her existing connections to Virginia and her commitment to Averett’s mission, she will [&hel[...]
Stride selects 47 recipients for new scholarship program
Herndon-based online education provider Stride Inc. (formerly K12 Inc.) announced last week it has selected 47 recipients for the first round of its $10 million investment to provide education options for underserved Black students. The funding was disbursed through Stride’s We Stand Together Scholarships program, which was first announced in September 2020. The first cohort […]
Altria donates $3M to Better Housing Coalition
The Richmond-based nonprofit Better Housing Coalition (BHC) announced Monday it has received the largest corporate gift in its 33-year history — a $3 million gift from Henrico County-based Fortune 500 tobacco product manufacturer Altria Group Inc. BHC plans to use the donation to develop more affordable housing in the greater Richmond region. It will also […]
Wells Fargo makes $1.5M donation for small business loans
Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, announced Thursday it has donated $1.5 million to Richmond-based nonprofit Virginia Community Capital (VCC) to help local minority and/or woman-owned small businesses stay open and save jobs amid the pandemic. During the next two years, the VCC will disburse $1 million of the funding in […]
Dominion Energy makes $1M donation to Virginia 4-H
Dominion Energy Inc. has donated $1 million to Virginia 4-H, a nonprofit educational program for youth hosted by Virginia Tech, the university announced Thursday. The donation marks the largest cash gift in the history of the state’s largest youth organization. Virginia 4-H educational centers serve more than 13,000 campers each summer, nearly 18,000 youth participate […]
Amazon makes $340M commitment to Arlington affordable housing
Amazon.com Inc. announced Wednesday that it is committing nearly $340 million to affordable housing efforts in Arlington, where the e-commerce giant is establishing its $2.5 billion East Coast HQ2 headquarters. This is part of the company’s $2 billion commitment to affordable housing, the Housing Equity Fund, which was announced Wednesday. The remaining funding will go […]
Dominion announces $10M scholarship program for minority students
Richmond-based Dominion Energy Inc. announced Wednesday a six-year, $10 million initiative to provide scholarships to minority students who reside in the company’s service area, which includes Virginia, Ohio, North Carolina and South Carolina. This year, Dominion will award $500,000 in scholarships among 60 recipients through its Educational Equity Scholarship Program. “As we witness[...]
