Home
About Us
"One day, he decided to do something about it."
That's how Steve Bachand describes his $5 million donation to the University of Virginia's Darden School of Business, which will create the Stephen E.
Bachand University Professorship in support of business ethics.
Bachand and his wife, Phyllis, both members of the school's Principal Donors Society, made the donation last year, which was matched by an additional $5 million from the university's Bicentennial Professors Fund, the Wall Street Journal reports.
The Bachands' goal is to "foster ethical leadership and make a lasting impact on future generations of business leaders," the school says in a press release.
"I wish I had made this gift sooner because I am having so much fun seeing its impact unfold," Bachand tells the Journal.
"Starting something like this requires faith that it will make a difference, even if we may not see the full impact ourselves," he adds. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
It's no secret that Africa's livestock industry plays a big role in the region's economy. In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business...more
Foundation: Ford Motor Company Fund
The Ford Motor Company's philanthropic arm is getting a new name: Ford Philanthropy. The rebranding reflects Ford's 75-year legacy of "driving impact in Ford communities around the world," says...more
The winner of this year's Sustainova Startup Challenge in Saudi Arabia has a message for the rest of the world: "If you want to save the planet, you have to start now." The startup contest,...more
Pakistan's capital is home to more than 200 million people and is expected to see a massive increase in population by 2050 as the country's economy continues to grow at a rapid rate, the BBC...more
Foundation: Gates Foundation
One of the world's richest men is pushing to make Hong Kong a "philanthropic hub" in the region. The city's chief executive, Leung Chun-ying, says he wants to make it "a bridge between China and...more
A Joplin, Mo., high school's science program is going to be able to keep going thanks to a $5,000 grant from the American Water Charitable Foundation. The money will be used to fund future...more
The National Science Foundation held a "quantum technology showcase" on Capitol Hill this week to highlight research funded by the federal government into things like quantum computing and...more
Illinois American Waterthe largest regulated water and wastewater utility in the USis making a splash in its home state with a $200,000 donation to help clean up the Ohio River. The utility has...more
If you're a teen in Lenawee County, Mich., and you love giving back to your community, you may want to consider becoming a member of the Lenawee YOUTH Council. The council, a program of the...more
Sam Walton's grandson has raised $600 million for his climate-focused investment firm, S2G, the Chicago Tribune reports. According to Forbes, 37-year-old Lukas Walton is worth an estimated $27.8...more
Social Entrepreneurship
Spotlight
Social Enterprise: Reaching Out to the Private Sector for Help
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.
