Tag: Philanthropy

Philanthropy

Philanthropist Al Shands creates new arts grant

The Great Meadows Foundation grants will support visual artists in amounts from $500 to $5,000. They’re named for the home Al Shands and and his late wife Mary Norton Shands built in Crestwood; it includes a museum for their extensive collection of contemporary sculpture and art, according to WFPL.

Al ShandsThe couple developed their interest in collecting after Mary was asked to lead the Kentucky Art and Craft Foundation, now the KMAC museum, in the late 1980s, WFPL says. Shands, 87, is a longstanding Speed Art Museum trustee, and a member of the Peggy Guggenheim Museum advisory board in Venice.

An heiress to a broadcasting fortune, Mary died in 2009. The Shands’ collection is to be bequeathed to the Speed museum upon his death. It includes work by notable artists such as Sol LeWitt, Richard Long, Jim Dine and Maya Lin. In a video last year, Shands spoke to The Courier-Journal about the collection.

Photo, left: Shands beside a LeWitt sculpture at Great Meadows; Hyperallergic.

Related: a book examines their art-filled estate.

Latest Headlines

Papa crooks nab 600-lb. store safe, and Schnatter’s chopper noise ticks off neighbors

A news summary focused on big employers; updated 8:33 a.m.

John Schnatter
Schnatter

PAPA JOHN’S: Two super-strong thieves were caught on video dragging a 600-pound safe with $1,300 from a Papa John’s in Edinburgh on Monday, leaving police baffled (Mirror). CEO John Schnatter‘s frequent helicopter trips to and from his property in tony Anchorage have caused enough noise for some neighbors to write complaint letters to the city (WDRB). (Terrific story, BTW!)

AMAZON: Walmart is testing a two-day shipping subscription service and building a regional delivery network as the retail giant takes on Amazon (Wall Street Journal).

KFC launches program in India to fight childhood hunger (Times of India).

GE has signed a three-year contract to be exclusive appliance provider for developer Perry Homes of Houston (Business First).

HUMANA: Aetna doesn’t have any plans to leave Obamacare exchanges in 15 states — and may, in fact, expand; Aetna has agreed to buy Humana for $37 billion (Wall Street Journal).

In other news: Walmart and its charitable arm have donated more than $22 million to Kentucky non-profits in the past fiscal year (WDRB). A candy store will open May 23 in the former Why Louisville space on Bardstown Road (WDRB, too).

With revenue down, CafePress’ CEO has a turnaround plan; shares closed yesterday at $3.13, dead even, but down 33% from a year ago (Business First). U.S. stock futures were poised to open up as oil prices traded near 2016 highs (CNBC).

Latest Headlines

UPS in deal to deliver blood by drone; Ford exec: ending two-tier pay turned out OK, and Derby brings few arrests

A news summary, with a special focus on big Louisville employers; updated 4:54 p.m.

UPS just announced that its corporate foundation will explore using drones to deliver life-saving medicines such as blood and vaccines are delivered across the world. The foundation has awarded an $800,000 grant to support the initial launch in Rwanda (press release). Here’s the foundation’s GuideStar page, including annual IRS tax returns.

FORD: A top executive now says that while dropping the two-tier wage system increased labor costs, it eliminated a major source of anxiety in the automaker’s plants (Automotive News).

Donald Trump cap
Amazon Trump cap

AMAZON: 1,500 Amazon shareholders want the company to stop selling Trump-branded products (Fast Company). CEO Jeff Bezos has sold 1% of his stake — just over one million shares — worth $671 million. The stock was sold last Thursday according to a predetermined schedule called an SEC Rule 10b5-1 plan, and takes his stake down to 17% of the company from 17.5% (New York Post). Regulatory filing. Amazon shares closed this afternoon at $679.75, up less than 1%.

CHURCHILL DOWNS: Only 17 people were arrested in and around the namesake track on Derby Day (Courier-Journal).

KINDRED: Why the healthcare giant isn’t content being the No. 1 home health provider, according to CEO Benjamin Breier (Home Healthcare News).

In other news, Metro Council President David Yates is expected to introduce an amendment today exempting Airbnb and other short-term rentals from some regulations during major events, such as the Kentucky Derby (WFPL). Former state agriculture commissioner and University of Kentucky basketball star Richie Farmer has filed for bankruptcy (Courier-Journal).

Newspaper publisher Tribune Publishing Co. said its board had adopted a shareholder rights plan — popularly known as a “poison pill” — in a bid to thwart Courier-Journal owner Gannett Co.’s unsolicited $815 million takeover offer (Reuters).

The Wild Dog Rose tea shop will open later this month in the Highlands at 1570 Bardstown Road (Insider Louisville). Also, the owners of Magnolia Photo Booth Co. in NuLu have opened a second store right next door, selling custom t-shirts for kids and adults. The new shop, called OSO Goods, is also at 709 E. Market St. (Insider Louisville, too).

Philanthropy

Community Foundation logoThe Community Foundation of Louisville is coordinating the third annual Give Local campaign, which helps local non-profits generate extra fundraising oomph. During last year’s campaign, some $3 million was raised for the 362 nonprofits that participated, representing contributions of 5,200 donors and 8,785 gifts, The Courier-Journal says today. This year’s drive launches with online registration on May 15 at www.givelocallousiville.org.

The A-list

Olmsted Parks ConservancyHello, parks lovers! The Olmsted Parks Conservancy has scheduled its annual fundraising breakfast for May 19. The pitch: “Join us for breakfast and Heine Brothers’ Coffee to learn how the Frederick Law Olmsted Parks strengthen our city and citizens and how you can help strengthen these historic parks. This is a fast-paced event featuring dynamic presenters.

More details:

  • When: Thursday, May 19, 7:30 a.m.
  • Where: Bellarmine University’s Frazier Hall at 2001 Newburg Rd.
  • The schedule: Networking and check-in begins 7:30; breakfast starts promptly at 8 o’clock, and they promise the event concludes no later than 9.

RSVP at info@olmstedparks.org or call 502-456-8125.

Philanthropy

dd72ef_c0fd1a9b1cd54df5a2778d9922efc6eeAdmission to the KMAC art and craft museum will be free for one year after its June 4 reopening, underwritten by a gift from Delta Dental of Kentucky, the benefits company said today, according to The Courier-Journal. The dental benefits giant didn’t disclose the amount, however.

The Louisville company’s budget was about $166 million in 2014, according to its most recent IRS tax return on GuideStar. It donated a combined $40,000 to four groups that year: Family & Children’s Place of Louisville ($5,000); Kentucky Dental Society of Lexington ($5,000), American Heart Association of Des Moines ($20,000), and the Kentucky State Police in Frankfort ($10,000).

CEO Clifford Maesaka was paid $524,546 in 2014; annual pay for all officers and directors starts on Page 7 of the IRS Form 990 return.