Tuesday, October 13, 2015

Today In Philanthropic News: India's Politics Forces Mother Teresa's Charity To Stop Adoption Services in India, Georgetown University Receives $50M, Notre Dame Receives $20M

India's Politics Forces Mother Teresa's Charity To Stop Adoption Services in India

KOLKATA, India (AP) — The Missionaries of Charity, the Roman Catholic order founded by Mother Teresa, has decided to close its adoption services in India after the country amended its rules to make single parents eligible to adopt.
The religious order said that allowing single or divorced parents to adopt goes against its beliefs.
India's Central Adoption Resource Authority reviewed its guidelines in July in an effort to make adoptions more transparent and enable more people to adopt children. It also made it mandatory for all prospective parents to register with the national adoption agency.
Previously, adoption agencies and homes across the country could bend adoption rules or make it harder for certain people to adopt because there was no national monitoring mechanism.
The new government order states that "any prospective adoptive parent, irrespective of his marital status and whether or not he has his own biological son or daughter, can adopt a child."

[for more of the story go here: https://philanthropy.com/article/Mother-Teresas-Charity-Halts/233733?cid=pt&utm_source=pt&utm_medium=en&elq=1f429f03ab8349bfae46202170298c35&elqCampaignId=1596&elqaid=6544&elqat=1&elqTrackId=ecf8e2807ba548928083b79e9bfc0781]


Notre Dame Alumni Give $20 Million for Investment Institute

A New York City couple has donated $20 million to endow a center for investment and managing at the University of Notre Dame's Mendoza College of Business, the South Bend Tribune reports. James Parsons, a financier, and physician Carrie Quinn both graduated from the South Bend, Ind., campus in 1996.
The Notre Dame Institute for Global Investing aims to advance research on investment management, expand opportunities for business students, and facilitate partnerships among the Mendoza school, the Notre Dame investment office, and university alumni. Mr. Parsons is the founder of Junto Capital Management and Dr. Quinn is a private-practice pediatrician and a clinical professor at Mount Sinai Hospital.

[for more of the story go here:  https://philanthropy.com/article/Notre-Dame-Alumni-Give-20/233735?cid=pt&utm_source=pt&utm_medium=en&elq=1f429f03ab8349bfae46202170298c35&elqCampaignId=1596&elqaid=6544&elqat=1&elqTrackId=736d260b33ad4e1f86037d2a23c2ad6d ]


Georgetown University

Peter Cooper, founder of Cooper and Company, a real-estate and private-equity investment firm, and his wife, Susan, gave $50 million to establish an academically based program that develops leadership skills for students involved in the university’s Division I sports. The program will be named for the donors.
A portion of the gift will also help complete work on a sports field.
All of the Coopers’ five children are Georgetown alumni.


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