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Habitat for Humanity gets $100 million gift

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charlie and algernon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-14-09 04:12 PM
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Habitat for Humanity gets $100 million gift
ATLANTA - The housing market may be sputtering, but Habitat for Humanity International is getting a $100 million gift from an Atlanta developer who said his work has offered him a look at the struggle of poor people to find decent housing.

The nonprofit group announced Thursday it received the largest individual contribution in its history, an offering that will help Habitat build 60,000 homes around the globe.

It's one of the largest gifts in recent years to a group devoted to social services, according to the Center on Philanthropy at Indiana University. A center official called it "remarkable" — especially in the midst of a gloomy economy.

The donation comes from J. Ronald Terwilliger of Atlanta, a former chief executive of housing developer Trammell Crow Residential Co. and a longtime member of Habitat's board of directors.

http://www.msnbc.msn.com/id/30745762/?GT1=43001
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