Nonprofit News From Elsewhere
Educational philanthropists Bruce and Martha Karsh are giving $50 million to the University of Virginia to create a center for the study of democracy. The university will match the gift, which the Karshes decided to make after former President Donald Trump’s refusal to accept his election loss and the subsequent attack on the U.S. Capitol. Bruce Karsh, who founded the Oaktree Capital Management investment firm, said the couple began to take the country’s civic health more seriously after the 2017 white supremacist march at U-Va., their alma mater. Melody Barnes, a former Obama administration official […]
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