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…
Interest Rates for Planned Gifts
From the issue dated March 20, 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. March 2003 3.8% February 4.0% January 4.2%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose American Ireland Fund (Mass.) Jan. 1999 Dec. 2003 $100,000,000 $87,000,000 To support projects in arts and culture, community development, education,…
HOW AMERICANS DECIDE TO GIVE AND HOW MUCH THEY DONATE By race By age By annual income Total Caucasian African-American Hispanic 18-25 26-37 38-56 57-72 73 and older Less than $30,000 $30,000 to $49,999 $50,000 o $74,999 $75,000 or more Types of organizations supported Health 53% 54% 45% 44% 44% 46%…
Giving to Colleges and Private Schools
ALSO SEE:Colleges Suffer Record Drop in Alumni Contributions SOURCES AND PURPOSES OF PRIVATE SUPPORT FOR COLLEGES 1997 2001 2002 1-year* change 5-year* change Sources of support: Alumni $4,650,000,000 $6,830,000,000 $5,900,000,000 -14.7% +13.5% Nonalumni individuals $3,850,000,000 $5,200,000,000…
PERCENTAGE GROWTH IN GIVING SOURCE: Foundation Center, “Foundation Giving Trends”
Celebrity Supporters Can Bring Visibility to Charities –Â but Careful Screening Is Crucial
VOLUNTEERISM By Jeffrey Klineman Misericordia/Heart of Mercy has been housing mentally retarded clients in Chicago for more ALSO SEE:Three Steps to Recruiting Celebrity Supporters for a Charity than 80 years. But to many Chicagoans, the charity is best known for its links to a local hero. “There’s…
By Jeffrey Klineman
Contributor
ENTRY LEVEL Diana Sieger Age: 51 First job: Assistant program director and coordinator, Service to Military Families, Veterans and Disaster Service, American Red Cross, Grand Rapids, Mich. Current job: President, Grand Rapids Community Foundation I grew up in an affluent, predominantly white suburb…
Three Steps to Recruiting Celebrity Supporters for a Charity
VOLUNTEERISM Finding a celebrity to represent a charity can resemble a cross between dating and looking to fill a job, ALSO SEE:Celebrity Supporters Can Bring Visibility to Charities -- but Careful Screening Is Crucial say nonprofit leaders. Here are three steps they recommend for finding…