Out Front: Elton John on Fighting the AIDS Epidemic
During a recent visit to New York, Sir Elton talked to The Chronicle about his charitable work. These are excerpts from that conversation.
How Elton John’s Charity Raises Big Money
The foundation has raised nearly $120-million since it was created in 1992. Much of the money has come from the proceeds of high-profile annual parties, dinners, tennis matches, special events, and products that are sold by companies that share revenue with the Elton John organization.
Elton John made his name by wearing outrageous costumes on stage and releasing a string of massively popular hit records. As a philanthropist, however, Sir Elton’s approach has been much more sober.
Two evenings a week in downtown Baltimore, as many as 30 aspiring bicycle enthusiasts busily tighten screws and inflate tires on their newly refurbished rides. They are college students, neighborhood teenagers, middle-age commuters tired of taking the bus, and other people the Velocipede Bike…
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. November 2006 5.6% October 5.8% September 6.0% August 6.2% July 6.0% June 6.0% May…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced Closing date Goal Amount raised Purpose Cornell U. and Weill Cornell Medical College (N.Y.) Oct. 2006 Dec. 2011 $4,000,000,000 $1,030,000,000 For academic and research programs,…
Alliance for Children and Families (Milwaukee): Appointed Trudy Archie, membership-services coordinator at the United Neighborhood Centers of America (Milwaukee), to be communications administrator; Judith Austin, office manager at Canvasbacks (Milwaukee), to be assistant to the director of…
The Nonprofit World: Its Size and Scope
Nonprofit groups are growing in number and in wealth, show new data released by the Urban Institute, in Washington. The number of nonprofit organizations recognized by the Internal Revenue Service grew by 27 percent from 1994 to 2004, according to a preview of the Nonprofit Almanac 2007, released…
Influx of Applications Creates Backlog at IRS
Influx of charity applications creates IRS backlog