Milken Family Foundation gives $10 million to UCLA law
Lowell Milken Institute for Business Law and Policy
LOS ANGELES, Calif.—Lowell Milken gave UCLA’s law school $10 million, putting it ahead of schedule in raising $100 million over five years, it was announced today.
The fundraising drive was started in 2008 to benefit student scholarships, attract and retain faculty and to support centers and institutes that inform law and public policy. The gift from Milken, the biggest in the law school’s history, will be used to start the Lowell Milken Institute for Business Law and Policy.
“In line with the goals of the Campaign for UCLA Law, Lowell’s generosity will enable us to initiate a range of curricular innovations, further critical research and provide financial support for students, who will become our nation’s future leaders in business law and policy,” said Rachel Moran, dean of the law school, which has about 970 students.
Milken, the head of his family’s foundation, is co-founder of Knowledge Universe, an early childhood education company based in Singapore with some 38,000 employees. He is also chairman of London-based Heron International, a property developer.
BEVERLY HILLS, Calif. — Former British Prime Minister Tony Blair, Bill Gates, hockey legend Wayne Gretzky and Oscar-winning actress Geena Davis will be among the participants today as the three-day Milken Institute Global Conference concludes in Beverly Hills.
SAN FERNANDO, Calif.—Prosecutors were preparing charges today against three men accused of robbing a Bank of America branch in Canyon Country and leading sheriff’s deputies on a wild chase in which stolen money was tossed from the windows of an SUV in South Los Angeles.
Phillip Nathaniel Ely, 29; Lavelle Lee Mosley, 22; and Terion Lamarr Collins, 25, were expected to be arraigned this afternoon in San Fernando Superior Court, according to the District Attorney’s Office.
A fourth man was still being sought.
The Los Angeles Urban League and the Harlem-based Abyssinian Development Corp. announced this year that for a three-year period, Starbucks will donate a minimum of $100,000 out of the profits from two of its stores to each of the nonprofit groups for use to help bolster programs in the communities the organizations serve.
In Los Angeles, the bustling Starbucks at Crenshaw Boulevard and Coliseum Street will serve as the focal point, and a location at 125th Street and Lenox Avenue in New York will support Abyssinian.
LOS ANGELES, Calif.—DonorsChoose.org, the innovative national online education charity that allows public school teachers to seek independent funding for classroom supplies and resources via its website, announced today that the Wasserman Foundation has made a two-year commitment of $4 million to support Los Angeles School District and charter teachers. This includes a $2 million gift card campaign to parents and the community and a $2 million challenge grant to Angelenos to fund Los Angeles schools through DonorsChooseLA.org.
LOS ANGELES, Calif.—The Los Angeles Community College District mismanaged more than $140 million in bond funds by failing to keep proper records, spending money outside voter-approved guidelines and ignoring its own procurement rules, according to a state audit released today.