Two days ago it was announced that California Lutheran University received a $4.7 million donation from John Manken. Manken never attended the university however 24 years ago, he happened to meet the CLU's Vice President of development at a festival. The meeting happened soon after Manken's mother had passed away and Manken who had to manage the estate expressed his interest in endowing a scholarship. Over the next two decades CLU's director of scholarships and foundation rel
Last Friday, Harvard University was the beneficiary of a $150 million donation from Kenneth Griffin, founder and CEO of Citadel Advisors LLC. The gift is mainly to support student aid and is the largest in the history of Harvard College (the university's undergraduate school). This donation will help the expansion of the financial aid program that Harvard President Drew Faust has implemented.“Ken Griffin’s extraordinary philanthropy is opening Harvard’s gates wider to the mos
Yesterday's news about the unprecedented price paid by Facebook to acquire the Whatsapp messaging service left us wondering - what are the people behind Whatsapp going to do with all that money?! Will they donate some of it? And if so, who will be the benefactors? This image from Prospect Visual that shows why Stanford might have been especially happy while reading the news yesterday...Brian Acton is a Whatsapp co-founder - reportedly now a billionaire. And who is Jim Goetz?
This morning it was announced that Facebook has agreed to purchase Whatsapp for US $19 billion.Whatsapp is a popular, fast-growing mobile messaging platform and, with this agreement, becomes Facebook's largest ever acquisition - bigger than any previously made by Google, Apple or Microsoft. Experts have commented on a variety of reasons that makes the acquisition unsurprising. For a different angle on the story, see this image from Prospect Visual that shows the relationships
University donations are at an all time high and Stanford University led the pack with over $931.57 million donated over the course of 2013. Stanford was helped on its way to the top by being one of only 3 institutions to receive and individual donation of over $100 million. This came from philanthropist John Arrillaga a long time donor for university. This image from Prospect Visual shows the mutual connections and overlapping relationships that have resulted in such a close
It was announced on Saturday that Eureka College had received a substantial gift from businessman Glen Barton and his wife Polly. Their donation has been earmarked to create the "Barton Fund" which will support several scholarship and mentorship opportunities for students at the college. President J. David Arnold commented that the fund would not only provide "some budget relief, if you will, for the college... It will probably let us expand the number we offer, too." While t
On Wednesday it was announced that Andrew Banks and wife, Pamela have pledged to donated $5 million to the University of Florida in order to create several endowed chairs. Banks is a former alumnus of the school and are are longtime UF supporters. Prospect Visual shows some of the connections that explain why that might be.
It was announced earlier this week that Georgetown University has received a $10 million donation from philanthropist Alberto Beeck and his wife Olga Maria. The money will go towards funding The Beeck Center for Social Impact & Innovation, which aims to help students, faculty and the private sector work together and collaborate better. The Beecks are Georgetown alumni and currently two have children studying at Georgetown College. The above image from Prospect Visual, shows t
Former dean, James C. Wyant, donates $10 million to the University of Arizona, College of Optical Sciences in honor of the 50th anniversary of the school at UA. The donation will go towards funding scholarships for graduate students.Wyant, a well-known expert in the optics field, served as dean of the college until 2012 and has many close connections to the University of Arizona. The above image, taken from Prospect Visual, shows some of those connections.
Earlier this week Microsoft announced the appointment of Satya Nadella as CEO, effective immediately. As part of the transitions currently occurring, Microsoft board member, John Thompson is also going to serve as Microsoft board chairman. The photo above shows a visual map of Mr. Johnson's affiliations, taken from Prospect Visual.Through patented relationship mapping technology Prospect Visual is also able to identify his overlapping relationships and mutual connections. For