Word: philanthropists
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...DIED. ANDREW HEISKELL, 87, former chairman of Time Inc. and philanthropist; in Darien, Connecticut. Erudite, despite never having graduated from college, Heiskell began as a pictorial editor for Life and rose to become publisher of the magazine. As chairman of Time Inc. he oversaw the closing of Life and the creation of People magazine. After retiring in 1980, Heiskell raised hundreds of millions of dollars for libraries as chairman of the New York Public Library's trustees, and promoted urban renewal in blighted areas of New York City as head of the Enterprise Foundation's advisory board...
...Krens and his costly expansion plans got a very public roasting from Peter B. Lewis, the Guggenheim's chairman. "There was a mess about how the finances had been managed at the museum, which had first used yesterday's reserves and then used tomorrow's optimism," said Lewis, a philanthropist who had given the Guggenheim $50 million and chipped in with an additional $12 million to take the foundation out of an operational deficit. Krens' response: "Peter likes to shoot from the hip." Krens also brought in consultants McKinsey to examine the foundation's business model. As if all that...
...from just after 9 until nearly 10 o’clock, the well-known philanthropist who sponsored the conference hijacked the podium. She attempted to speak on women and gender, but instead rambled on about chicken farming and Africa and estrogen and the Chinese language...
...When the philanthropist at last relinquished the podium, the day ahead looked unbelievably long...
College administrators are also in preliminary talks with millionaire Cambridge philanthropist and Kennedy School of Government graduate Gregory C. Carr, who says he would like to offer undergraduate dancers a home in the theater complex he plans to build on a vacant parking lot at Zero Arrow...