$15-Million Committed to University; Other Gifts
Five higher-education institutions have received big gifts: Richard C. Blum, a real-estate and investment executive, has donated $10-million and pledged an additional $5-million to the University of California at Berkeley to establish a center for the study of developing economies. Mr. Ellis is…
Americans Send $70-Billion to Poor Countries, Far More Than U.S. Government Spends
By Holly HallAmericans send more than $70-billion a year to aid people in developing countries, more than three times as much as the federal government provides in overseas aid, according to a new study by the Hudson Institute. That is far more than the aid distributed by any other country, the…
By Holly Hall
Contributor
Techniques Activists Use to Influence Corporations
By Harvy LipmanAs nonprofit groups seek shareholder support for resolutions designed to force a company to make changes ALSO SEE:Article: Meshing Proxy With MissionStatistics: Stock-Investment Policies at the 50 Wealthiest Private FoundationsArticle: Fund’s Investment Portfolio Reflects Its…
By Harvy Lipman
Contributor
Fund’s Investment Portfolio Reflects Its Charitable Mission
By Harvy LipmanFor the trustees of the Needmor Fund, entry into the world of socially responsible investing began with an unexpected ALSO SEE:Article: Meshing Proxy With MissionStatistics: Stock-Investment Policies at the 50 Wealthiest Private FoundationsArticle: Techniques Activists Use to…
By Harvy Lipman
Contributor
Stock-Investment Policies at the 50 Wealthiest Private Foundations
Numerous nonprofit groups are urging private foundations to engage in what they call socially responsible ALSO SEE: Article: Meshing Proxy With Mission Article: Fund’s Investment Portfolio Reflects Its Charitable Mission investing — including screening investments in corporate stocks to avoid…
Few foundations do much to influence shareholder votesAs part of its campaign to fight global warming, the Coalition for Environmentally Responsible Economies ALSO SEE:Statistics: Stock-Investment Policies at the 50 Wealthiest Private FoundationsArticle: Fund’s Investment Portfolio Reflects Its…
By Harvy Lipman
Contributor
THE FACE OF PHILANTHROPY When Israel (Izzy) Paskowitz took his son into the water for his first surfing lesson, Isaiah was kicking and screaming with all the intensity a 4-year-old can muster. But as soon as he got on the board, he calmed down and began to enjoy the feel of the waves. “I felt I was…
By M.J. Prest
Senior Editor, Solutions
Donor-Advised Funds: Assets, Awards, and Accounts at a Sampling of Big Providers
ASSETS AMOUNT DISTRIBUTED TO CHARITIES NUMBER OF FUNDS 2004 2005 Percent change 2004 2005 Percent change 2004 2005 Percent change Commercial Funds American Gift Fund (Newark, Del.) $8,275,203 $13,999,251 +69.2% $1,124,383 $1,217,601 +8.3% 145 145 0.0% AMG Charitable Gift Foundation (Englewood,…
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. May 2006 5.8% April 5.6% March 5.4% February 5.2% January 5.4% December 2005 5.4%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced Closing date Goal Amount raised Purpose Auburn U. (Ala.) Feb. 2006 Dec. 2007 $500,000,000 $360,000,000 For campus improvements, endowment, general support, and research Centenary College…