October 7, 2015 |
As talks continue between the Philadelphia Orchestra Association and musicians over a new labor pact, management has agreed to hire consultant Michael M. Kaiser to assist in addressing chronic big-picture challenges like fund-raising and strategic direction. Musicians have been frustrated in contract talks - not only with the financial details of the deals management has been floating, but also with the financial realities that appear to be underpinning those offers. The association has been engaged in an endowment drive whose goals are not ambitious enough to support an orchestra of the level of Philadelphia's, musicians say. Kaiser will be retained for a six-month contract, according to an association spokeswoman.
September 6, 2015 |
Daniel W. Dietrich II, 73, a self-effacing philanthropist who valued quiet exploration as much as artistic adventure, died Tuesday, Sept. 1, at Paoli Hospital. Mr. Dietrich, who lived in Chester County, was heir to a family conglomerate that once counted Luden's cough drops among its assets. He was vice president of Luden's, based in Reading, for a time, but his tastes ultimately ran more toward cultural activities than business endeavors. A longtime board member and supporter of the University of Pennsylvania's Institute of Contemporary Art, Mr. Dietrich made a bold statement about his interests this year when he gave $10 million to ICA to form an endowment that would enhance the scope and flexibility of the institution's curatorial efforts.
July 24, 2015 |
Q: Why won't my wife have sex with me when I want to? She doesn't like to have sex in the morning and that's the only time I'm ready. Mia: You may be raring to go at 5 a.m., but she may not be ready to deal with your morning breath before the sun rises. Male and female sex hormone levels rise and fall at different times of the day. With flexibility you can overcome that. But you need to be creative. If she wants sex at night but you're too tired, try exercising after work to see if that gives you more energy.
July 21, 2015 |
Swarthmore College ranks among the nation's wealthiest liberal-arts colleges, overseeing a $1.9 billion endowment - an average of more than $1 million for each of its 1,577 students. Swarthmore's endowment prospered in its most recent fiscal year, with publicly traded stocks constituting almost half its portfolio. Riding a booming market, Swarthmore has generated a 17.8 percent gain last year and an average annual gain of 14 percent over the last five years. Much of the credit goes to Mark Amstutz, chief investment officer at Swarthmore, an historically Quaker school situated on a garden-like campus west of Center City.
May 16, 2015 |
The Independence Seaport Museum announced Thursday that it had received four gifts totaling $13.9 million, more than doubling its endowment and marking one of the largest gift totals ever made to the Penn's Landing institution, founded in 1960. John Brady, head of the museum for four years, called the contributions "an endorsement" of the museum's direction, which he characterized as akin to "a transformation. " The gifts announced were $4.5 million from newly elected board chair Peter McCausland; $4.4 million from longtime museum supporter Peter R. Kellogg; $3 million from H.F. "Gerry" Lenfest, owner of Philadelphia Media Network and publisher of The Inquirer; and $2 million from an anonymous contributor.
May 4, 2015 |
A dozen Swarthmore College students waited Saturday morning in the quiet hallway of Kohlberg Hall. Some held hands. Two wore T-shirts emblazoned with an equation: WE > FOSSIL FUEL . The school's trustees, one by one, left a meeting and walked past without an announcement. Four hours later, in an e-mail to the campus, college officials said the school would not divest its endowment money of fossil fuels despite a 32-day student sit-in and faculty support for the protesters' demands.
May 1, 2015 |
The Institute of Contemporary Art at the University of Pennsylvania has received a gift of $10 million to enhance the scope and flexibility of its curatorial efforts, ICA director Amy Sadao announced Wednesday. The gift comes from a longtime ICA supporter and board member, the philanthropist and collector Daniel W. Dietrich II. The gift, which doubles the institute's endowment, is the second instance of Dietrich-funded cultural philanthropy to come to light this week. On Monday, the Association for Public Art announced that Dietrich had donated funds to acquire sculptor Roxy Paine's silvery Symbiosis , which has been temporarily installed near the Philadelphia Museum of Art. The tree-like stainless steel sculpture will now remain permanently in place.
April 17, 2015 |
Ending an often testy and sometimes distant 25-year coexistence, the Barnes Foundation will merge with the foundation established by the estate of Violette de Mazia, Albert C. Barnes' longtime colleague. The Violette de Mazia Foundation - whose sole purpose has been to promulgate and support art education based on the formalist pedagogical principles of Barnes, de Mazia, and the philosopher John Dewey - will form the core of the Barnes-de Mazia Education Program, to be based at the Barnes Foundation on the Parkway.
March 11, 2015 |
THE REV. EDMUND Dobbin always said his first love was teaching. So it had to have been something of a relief when Dobbin left the presidency of Villanova University at the end of the 2005-06 academic year after 18 years. Sure, he said, he loved it, but being an administrator is a far cry from the hands-on experience of the classroom, the shaping of young minds, the interaction with students hanging on your every word - at least in theory. "Teaching was always my first love," he said on leaving the presidency and stepping into a classroom at the Main Line university he served for so long.
January 11, 2015 |
Doane Academy, a small prep school in Burlington City, was "in pretty tired shape" when John McGee interviewed for the headmaster's job 15 years ago. "Everyone felt tired and discouraged," he told a news conference Friday. Enrollment across all 13 grades was only about 100, the aged brick buildings had grown unsafe, and "financially, we were really up against a wall. " But the threat of bankruptcy that once hovered over this quaint, 178-year-old campus has been banished, perhaps forever.