“Charity, Bill Gates-style” – “[I]n the past the foundation was formed upon the death of the grandfather. Now it’s formed by the successful entrepreneur in his 40s and 50s.” (Fortune, 7/30)
In case you missed it, a nice profile of THEARC in last week’s WaPo (7/23). Funding for THEARC came from a wide range of foundations, corporations, individuals and governments, including several WG members.
“Major Freddie Mac investment enables Year Up to prepare more DC region low-income young adults for high-tech jobs.” (Newswire, 7/30)
The J. Willard and Alice S. Marriott Foundation (WG member) has approved a grant of $100,000 to create the David M. Sampson Memorial Graduate Fellowship Fund at the University of Maryland in College Park, Md. (Newswire, 7/25)
[D.C.] “Problems With Books, Air Conditioning Cited as Opening Nears” – Fenty: This is the last year for such debacles.