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Weekly update from PND

December 3, 2021

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A weekly update with the latest news from PND

Met Museum receives $125 million pledge for Modern Wing renovation
December 2, 2021
The Metropolitan Museum of Art in New York City has announced a $125 million pledge from trustee emeritus Oscar L. Tang and Agnes Hsu-Tang to fund the renovation of the museum’s Modern Wing.

The largest capital gift ever to the Met will enable the museum to move forward with a re-envisioning of the presentation of modern and contemporary art by creating eighty thousand square feet of galleries and public space, which will be named the Oscar L. Tang and H.M. Agnes Hsu-Tang Wing.
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Trinity Church Wall Street awards more than $20.8 million in grants
December 2, 2021
Trinity Church Wall Street has announced grants totaling more than $20.8 million, with a focus on advancing racial justice and ending the cycles of mass incarceration and mass homelessness.

The grants include more than $6.7 million to nonprofits working in the areas of housing and homelessness, including over $1 million to organizations that help homeless and runaway youth; $4.8 million in support of organizations focused on racial and criminal justice; and more than $10 million in support of Episcopal and Anglican communities in the United States and around the world.
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Bank of America awards $4.7 million for Native American communities
December 1, 2021
Bank of America has announced grants totaling $4.7 million in support of Native American communities, bringing to more than $17 million the total awarded since the onset of the COVID-19 pandemic.

As part of a five-year, $1.25 billion commitment to advance racial equality and economic opportunity, the bank awarded capital investments and grants totaling $13 million in 2020 to nonprofits and institutions providing services to Indigenous communities.
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Nearly six in ten Americans prefer a donation in their name to a gift
December 1, 2021
Nearly six in ten (59 percent) Americans say they would rather have a donation made on their behalf to their favorite charity than receive a gift for themselves this year, a report from Fidelity Charitable finds.

Based on a survey of more than fifteen hundred American adults, the report, Year-end charitable giving: A 2021 snapshot of how Americans plan to give (8 pages, PDF), found that 64 percent of respondents said they participate in year-end charitable activities, including giving money (53 percent) or donating goods (46 percent) to charities, donating cash or goods directly to families in need (27 percent), performing random acts of kindness (25 percent), and volunteering (20 percent).
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Tags: Arts and culture; Giving