The Chronicle of Philanthropy

$20-Million Given for New Orleans Homes

By Nicole Wallace

Leonard Riggio, chairman of the Barnes & Noble bookselling company, and his wife, Louise, have made a $20-million gift to build homes for low-income homeowners in New Orleans who have been unable to repair or rebuild after Hurricane Katrina. The donation is one of the largest to date for rebuilding on the Gulf Coast.

"When the hurricane hit and...

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