Grants to Arts Organizations Dropped by 3.5% Last Year, Report Says
Giving to the arts by the nation’s foundations dropped by 3.5 percent in 2002, the first decline in eight ALSO SEE:How Much Foundations Have Given to the Arts, 1995-2002 years, according to preliminary figures by researchers at the Foundation Center. They predicted in a new report that, after…
By nicole lewis
Contributor
Ky. College Gets $18.6-Million; Other Gifts
By Kevin DuMouchelle and Julia Green Centre College, in Danville, Ky., received an $18.6-million bequest from the estate of H.W. (Wes) Stodghill Jr., an alumnus who served as a member of the college’s Board of Trustees, and his wife, Adele. Mr. Stodghill was co-founder and chief executive officer…
Views on Charity and Grant-Making Guidelines to Fight Terrorism
Following are excerpts of comments submitted to the federal government by groups of charities, foundations, ALSO SEE:Safe and Sound? and lawyers about the government’s efforts -- including voluntary guidelines issued by the Treasury Department -- to keep charitable assets from being used to support…
Charities that work abroad caution that antiterrorism guidelines could hinder, not help, their effortsWashington American charities and foundations are warning the Internal Revenue Service to tread carefully as it considers ALSO SEE:Views on Charity and Grant-Making Guidelines to Fight Terrorism…
By GRANT WILLIAMS
Contributor
Family foundations devise ways to prepare heirs for board serviceOwen Knott grew up expecting to serve as a trustee of his family’s foundation -- an obligation for those who, like him, are descended from grant makers. But around the time Mr. Knott reached adulthood, that seat became not a…
By Darlene M. Siska
Contributor
Photograph by Jerry SpeierThe Child’s Place for Children With Special Needs, a program of the Brooklyn Public Library, uses its gardening program to teach language and literacy skills to children, both those who have disabilities and those who do not. Children in Our Garden Club listen to stories…
Acadiana Symphony Orchestra and Conservatory (Lafayette, La.): Appointed Don Hill, ticket-services and communications manager at the Arkansas Symphony Orchestra (Little Rock), to be executive director. American Cancer Society-Memphis Chapter: Appointed Aggie Alexander, a fund-raising consultant in…
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…
By Stephen G. Greene
Contributor
Interest Rates for Planned Gifts
From the issue dated August 7, 2003 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. August 2003 3.2% July 3.0% June 3.6% May 3.8%…