Elsewhere online
April 07, 2016

Big Gifts for Carolinas HealthCare and U. of Toronto

The Leon Levine Foundation has donated $25 million to expand cancer care at the Carolinas HealthCare System, writes the Charlotte Business Journal.

Most of the money will support infrastructure improvements at Charlotte-based medical network's Levine Cancer Institute, which Mr. Levine, founder of national retail chain Family Dollar, and his wife, Sandra, helped launch with a $20 million gift in 2010.

Read a Chronicle of Philanthropy article about the Levines' giving to mitigate economic distress in Charlotte in the wake of the financial crash.

The University of Toronto received $22.8 million from the estate of the late energy and property magnate Joseph Rotman, a longtime supporter of the campus's business school, writes The Globe and Mail.

Mr. Rotman, who died in January 2015, began his career as an oil trader and branched into real estate and venture capital. He has given the university some $54 million, including the bequest, which will support its Rotman School of Management. The university committed to raise matching funds, with three-fourths of the donation total establishing the Rotman Catalyst Fund to finance innovative business ideas.