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November 29, 2016

Daily News Roundup: Patagonia Black Friday Bonanza Aids Green Groups

Patagonia to Donate $10 Million in Black Friday Proceeds: After promising that all its Black Friday sales revenue would go to grass-roots environmental charities, the outdoor-apparel retailer raised five times more than expected, the Associated Press reports. The company said the pledge drew thousands of customers who had not previously made a Patagonia purchase.

Ice Bucket That Started Giving Flood Goes to Smithsonian: The blue bucket that dumped cold water on Jeanette Senerchia in 2014 is part of an exhibit on philanthropy opening Tuesday at the National Museum of American History, writes the Associated Press. Ms. Senerchia is believed to be the first person to tie the “ice-bucket challenge” to ALS, sparking a viral campaign that raised more than $100 million to fight the degenerative disease.

$45 Million Gift Backs New U. of Iowa Research Center: The donation from the Roy J. Carver Charitable Trust will help fund the Iowa Neuroscience Institute, reports the Iowa City Press-Citizen. The money will be used to unite the university’s neuroscience programs and draw top-flight faculty and researchers to its Carver College of Medicine.

$31 Million Pledge Boosts Eye Care at Cleveland Clinic: The donation by Jeffrey Cole and Patricia O'Brien Cole will expand research and treatment facilities at clinic’s Cole Eye Institute, Crain’s Cleveland Business reports. Mr. Cole, the former chairman of vision-care company Cole National, provided the lead gift to establish the institute in 1999.

Guess Jeans Moguls Set to Launch L.A. Museum: Maurice and Paul Marciano, who co-founded the apparel brand with their two brothers, will display their collection of 1,500 contemporary works at the Marciano Art Foundation, slated to open next spring in a massive former Masonic Temple in downtown Los Angeles, The Wall Street Journal writes (subscription).

Handful of Museums Pursue Creative Collaborations With Art Donors: The Financial Times (subscription) examines the opportunities and challenges presented by partnerships between major public museums and wealthy art collectors who agree to make acquisitions with an eye on giving the works to the institutions.

New Digital Tool Helps Organizations Cut Food Waste: Spoiler Alert, a software program launched by a Massachusetts company last year, is being used by more than 200 nonprofits and businesses across New England to donate perishable items in bulk to food charities before they spoil, writes The Boston Globe.