Charities seek to tap into a fast-growing source of wealth Kenneth C. Griffin courted Anne Dias among the stone sculptures and Impressionist paintings at the venerated Art Institute of Chicago. Happy memories of the museum ALSO SEE: TABLE: Foundations Started by Hedge-Fund Managers: a Sampling…
By nicole lewis
Contributor
THE FACE OF PHILANTHROPYHead of the Class
Several days a week, Amber Green leads her preschool class in the salute to the flag and helps the youngsters determine what kind of weather they will have during recess. She assists them during show and tell, and teaches them rudimentary Spanish. However, Ms. Green cannot walk around the…
By M.J. Prest
Senior Editor, Solutions
Interest Rates for Planned Gifts
Following are the interest rates, provided by the Internal Revenue Service, for computing charitable deductions for charitable remainder trusts, gift annuities, charitable lead trusts, and some other deferred gifts. January 2007 5.6% December 2006 5.8% November 5.6% October 5.8% September 6.0%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced Closing date Goal Amount raised Purpose California Institute of Technology Oct. 2001 Dec. 2007 $1,400,000,000 $1,154,516,782 For buildings, endowments, research, and technology National…
AFS-USA (New York): Announced the retirement of Alex J. Plinio, president, effective December 31, 2007. This organization operates a high-school student-exchange program. Air Serv International (Warrenton, Va.): Appointed Michael A. Webb, deputy chief of police in Boise, Idaho, to be chief…
Following are summaries of recent reports by the BBB Wise Giving Alliance. This private group reports on whether charities meet standards for fund raising, governance, financial management, and public information. The alliance does not approve or disapprove of charities, and urges potential donors…
Video games and virtual communities offer new ways for nonprofit groups to educate people about social needsAs video-game sales reach $7-billion a year — providing growing competition for Hollywood’s $9-billion box-office take last year — ALSO SEE:Slide show: The Games Charities Play (requires…
By Sue Hoye
Contributor
Asian-Americans Increasingly Giving to Mainstream Causes
Chinese-American donors increasingly support mainstream groups