Westlake Village founder’s trust gives $540M to cancer research
Ludwig Cancer Research, started by Westlake Village founding developer Daniel K. Ludwig, has donated $540 million to six U.S. Ludwig Centers on behalf of the late philanthropist’s trust, the organization announced Jan. 6.
Op/ed: Tri-county nonprofit trends to watch for in 2014
As one of the largest employers in the Tri-Counties and a provider of vital services, the nonprofit sector is critical to the region’s well being. Let’s look at trends nonprofits will experience in two key areas for 2014: fundraising and marketing.
Editorial: Big banks commit to local communities
Rabobank announced an investment of $1 million into a small-business loan fund run by the Economic Development Collaborative of Ventura County and Union Bank unveiled a multimillion-dollar investment that allowed the Channel Islands YMCA to return the nonprofit’s regional headquarters to downtown Santa Barbara.
Kavli remembered: Physicist employed thousands, gifted millions
Born in Norway, Kavli made his way to the United States after World War II to pursue physics and expand on his lifelong entrepreneurial streak. In the late 1950s, he founded Kavlico Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.
Philanthropist Fred Kavli dies at 86
Fred Kavli, a Norwegian-born entrepreneur, scientist and philanthropist who created thousands of jobs and gave millions for the study of theoretical physics, died at his home in Santa Barbara on Nov. 21. He founded KavliCo Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.
