Fla. Nonprofit Head Charged With $460,000 Grant Diversion

The leader of a Homestead, Fla., nonprofit formed to help small businesses has been arrested on allegations that she stole $460,000 in taxpayer money from the group, including grants to help the blind, South Florida Business Journal reports.

Hilda Hall-Denis faces charges of grand theft and organized scheme to defraud in connection with her work at the Business Technology Development Corp. from 2006 to 2012. The organization’s programs for businesses were fully funded by Miami-Dade County and st…

$20-Million Naming Gift Aids Navy Pier Makeover in Chicago

The family behind storied Chicago retailer Polk Bros. has donated $20-million to fund a major upgrade at the city’s Navy Pier entertainment complex, the Chicago Tribune and the Chicago Sun-Times report.

The five-year gift through the Polk Bros. Foundation will support work at Gateway Park, a 13-acre green space at Navy Pier’s front entrance that will be renamed Polk Bros. Park. The family name will also adorn performance lawns with views of Lake Michigan and the Chicago skyline, a promenade, and…

David Rubinstein Gives $12-Million for Repairs to Robert E. Lee House

Billionaire financier David M. Rubinstein donated $12.35-million Thursday to fund extensive repairs at Arlington House, the pre-Civil War home of Robert E. Lee that overlooks Arlington National Cemetery, The Washington Post writes.

The gift continues the Carlyle Group co-founder’s pattern of “patriotic philanthropy,” following large contributions in recent years to repair earthquake damage at the Washington Monument, expand the Kennedy Center, and renovate Mount Vernon and Monticello.

The new do…

Justice Dept. Investigating IRS Loss of Lois Lerner Emails

The Justice Department is looking into Internal Revenue Service’s loss of two years of ex-IRS official Lois Lerner’s email correspondence, Bloomberg and The Wall Street Journal report.

In prepared testimony to be given Thursday to the House Oversight and Government Reform Committee, Deputy Attorney General James Cole disclosed that Justice’s criminal inquiry into alleged IRS targeting of tea-party groups includes investigating the circumstances of the lost e-mails from Ms. Lerner’s computer.”

M…

Chinese Property Moguls Launch $100-Million Education Fund

Real estate tycoons Zhang Xin and Pan Shiyi are setting up a $100-million endowment to fund scholarships for underprivileged Chinese children to attend universities around the world, The Wall Street Journal reports.

The billionaire founders of property firm SOHO China launched the fund Tuesday with a $15-million gift to Harvard University and say they are looking to reach similar agreements with other elite school in the United States and elsewhere.

The husband-and-wife moguls both rose to busin…

Texas Nonprofit Drops Migrant-Center Plan Blasted by Right

A Texas human-services charity has scrapped plans to convert a resort-style hotel into residential center for migrant children amid criticism from anti-immigrant activists and conservative media, write the San Antonio Express News and Valley Morning Star.

BCFS, a contractor for federal agencies handling the influx of unaccompanied minors from Central America, said Wednesday that it has withdrawn a $3.8-million bid to buy the Palm Aire Hotel in Weslaco, Texas, citing a “negative backlash by infor…

Detroit Museum Gets $27-Million More in Grand-Bargain Gifts

The Detroit Institute of Arts announced Wednesday that it has secured an additional $26.8-million in corporate donations toward meeting its $100-million pledge to the city’s “grand bargain” fund, the Detroit Free Press reports.

The gifts pushed the museum past the $80-million mark in its fundraising for the federally mediated, largely foundation-funded plan to help pay down Detroit’s pension liability while shifting the institute from municipal to nonprofit ownership, shielding its artworks from…

2 Pa. Museums to Share Richard Mellon Scaife Collection

Billionaire publisher Richard Mellon Scaife, who died July 4 at age 82, has left his extensive art holdings to museums at opposite ends of his home state of Pennsylvania, the Associated Press and The Philadelphia Inquirer write.

Mr. Scaife, an heir to the Mellon fortune and owner of the Pittsburgh Tribune-Review, directed in his will that his collection be divided between the Westmoreland Museum of American Art outside Pittsburgh and the Brandywine Museum near the Delaware border. He also left t…

Corporate Gifts to Restore Roman Monuments Draw Mixed Views

At the urging of Italy’s government, big companies are making major gifts to finance restoration work on the country’s most famous landmarks, but some historians and preservationists fear the largess will open the door to commercial exploitation of cultural treasures, writes The New York Times.

Luxury and fashion brands like Tod’s, Fendi, and Bulgari have stumped up millions of dollars for works on the Colosseum, Trevi Fountain, and the Spanish Steps. As Italy continues to struggle with a stagna…

Ruling Casts Spotlight on Hobby Lobby Clan’s Museum Plan

The New York Times reports on plans by the evangelical Christian family that owns the Hobby Lobby craft-store chain to open a museum dedicated to the Bible in Washington, D.C.

Hobby Lobby owner Steve Green acquired a 400,000-square-foot former warehouse near the National Mall in 2012 to house his collection of Bibles, related artifacts, and ancient religious manuscripts and papyri. The Oklahoma-based Green family established a nonprofit, Museum of the Bible, to develop the institution, which is …