Site Seeks to Spur Donors to Collaborate on Gifts
Change.org, a new giving site, allows donors to work together to raise money for the issues they care about. The site seeks to harness the interactivity of so-called Web 2.0 technologies to promote giving and advocacy, both in the nonprofit world and politics. Visitors to the site can start or join…
By NICOLE WALLACE
Features Editor
Foundation Officials Agree to Pay $1.9-Million to Settle Compensation Dispute in New York
The State of New York has recovered nearly $2-million from officials of the William T. Morris Foundation as part of a settlement agreement announced this month. The state had alleged that the foundation overpaid the officials for their work. Attorney General Andrew Cuomo of New York said the…
By Elizabeth Schwinn
Contributor
How charities cope when their boards need a makeoverThe recent outbreak of scandals at such high-profile organizations as American University, the Getty Trust, and the Smithsonian Institution — situations worsened, observers say, by failures of those groups’ boards to provide oversight — has set…
By Jennifer C. Berkshire
Contributor
Charities raise money — and keep cultural traditions alive — by producing cookbooksWhen Ginger Mayerson heard that an earthquake measuring 7.6 on the Richter scale had hit Pakistan in October 2005, she immediately wanted to help. Ms. Mayerson, a writer and blogger who lives in Los Angeles, knew…
By MARTY MICHAELS
Contributor
How Much Fund Raising Really Costs
Charities use new databases to make appeals more efficientWhen Creighton University’s board of directors decided to seek $350-million in its capital campaign, a steep rise from the $250-million goal it had set previously, Lisa Calvert knew she would need more fund raisers. However, she was…
By Elizabeth Schwinn
Contributor
Donor ‘Giving Circles’ Awarded $13-Million in Grants to Charities Last Year, Report Says
By Elizabeth SchwinnGroups of people around the country who pool their contributions and then decide collectively how to donate them gave an estimated $13-million to charity in 2006, according to a new report. Over all, such “giving circles” have raised a total of about $88-million. Most of the…
By Elizabeth Schwinn
Contributor
Private Sources in the United States Provided $95-Billion in Overseas Aid
Foundations, individuals, and other private sources in the United States provided more than $95-billion in aid to developing countries in 2005, more than triple the amount given by the federal government, according to a new study by the Hudson Institute, a Washington think tank. The bulk of the…
By Holly Hall
Contributor
Art Pieces Worth $100-Million Donated to Colby College
By Maria Di MentoPeter H. Lunder, a retired businessman, and his wife, Paula, have pledged to give Colby College Museum of Art, in Waterville, Maine, an extensive collection of art valued at more than $100-million. The gift includes works by Mary Cassatt, Edward Hopper, Sol LeWitt, John Singer…
By Maria Di Mento
Senior Editor
Culinary School Receives $35-Million; Other Gifts
Ten institutions have received big gifts: The Culinary Institute of America, in Hyde Park, N.Y., has received a pledge of $35-million from Christopher (Kit) Goldsbury, former owner of Pace Foods, in San Antonio, and founder and chairman of Silver Ventures, a private investment firm in San Antonio,…
An Oil Tycoon Places Unusual Conditions on $100-Million Donation to Texas Institutions
T. Boone Pickens, the oil billionaire who has courted controversy when both making money and giving it away, has given $50-million apiece to two Texas medical institutions, gifts that come with an unusual string attached. The money must be invested so it grows by at least 10 times, and the…
By Debra E. Blum
Contributor