$257-Million Committed to Government Charity Drive
Washington Federal employees last year pledged a record total of $256.8-million to the Combined Federal Campaign, the government’s annual charity drive. The campaign raised about 3 percent more than 2003’s total of more than $248-million, said the U.S. Office of Personnel Management, the federal…
By GRANT WILLIAMS
Contributor
Wealthy Americans Are Putting More and More Money Into Foundations
Gifts to philanthropic foundations rose by 8 percent last year -- a bigger percentage gain than any ALSO SEE:Giving Ticks Upward other type of nonprofit group experienced, according to estimates released last week by “Giving USA,” an annual report on the state of philanthropy. Philanthropic…
By Brad Wolverton
Contributor
Donations to charities rose by 2.3% in 2004Donations to America’s charities appear to be on the rise after several challenging years. “Giving USA,” an annual ALSO SEE: Wealthy Americans Are Putting More and More Money Into Foundations Giving to Charities in 2004 Giving as a Percentage of the U.S.…
By Debra E. Blum
Contributor
Making Sure Girls Have a Room of Their Own
Twice a week, a group of about 16 girls gather in Alexandria, Va., to get homework help, eat a nutritious dinner, and work on art projects that they can use to decorate their bedrooms. The two-year-old program -- called Space of Her Own -- is a fusion of social services and art instruction that…
By Leah Kerkman
Contributor
$42.5-Million Committed to Va. University; Other Gifts
Four institutions have received big gifts: William H. Goodwin Jr., chairman and president of CCA Industries, a holding company in Richmond, Va., and his wife, Alice, have committed $32.5-million to Virginia Commonwealth University, in Richmond, for its School of Engineering. The Goodwins plan to…
$100-Million Pledged to Rockefeller U.
David Rockefeller has made his second $100-million pledge in three months, announcing that Rockefeller University would receive that sum after he dies. In April, Mr. Rockefeller said the Museum of Modern Art, in New York, would also get $100-million from his estate. Mr. Rockefeller, who this month…
By Maria Di Mento
Senior Editor
Snack inventor brings vision of future to philanthropyNewport Beach, Calif. After Paul Merage hit upon the basic formula for the Hot Pocket, he began filling the calzone-type sandwich with anything that would sell -- pizza, barbecued beef, even broccoli and cheese -- before spinning off variations…
By Ben Gose
Senior Editor
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. July 2005 4.6% June 4.8% May 5.2% April 5.0% March 4.6% February 4.6% January 4.6%…
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. June 2005 4.8% May 5.2% April 5.0% March 4.6% February 4.6% January 4.6% December…