Word: donors
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...think the key to its future is going to be a attracting a donor who is interested in development who is willing to provide the resources,” Nye said. “Maybe we’ll have to either scale it back considerably or find new sources of support...
Charitable remainder trusts, in their most common form, allow donors to place money in a fund which pays a set rate to the donor each year. And upon the donor’s death, the entirety of the fund is donated to the charitable organization of one’s choice...
Harvard has long offered the option of charitable trusts for its donors, but sluggish returns made the program less appealing. Thanks to a special ruling by the Internal Revenue Service, however, Harvard began allowing its donors with charitable trusts to attach those funds to the University’s lucrative endowment in the hopes of greater returns for both the donor and Harvard...
...renovation of the Hasty Pudding Theatricals’ building at 12 Holyoke St. was pushed back again this year because of Harvard’s inability to find a donor to fund the overhaul, meaning that the building will not be opened to other student groups until at least spring...
...promising avenue for treating disease. A prestigious American investigator moved to Britain, where the research is encouraged. Now Stanford and Harvard hope to raise at least $100 million each for new stem-cell institutes. The universities of Wisconsin and Minnesota are expanding their labs, and in March an anonymous donor gave $25 million to the University of Texas to boost its Houston program...