Federal Jury Indicts Ariz. Charity Head
A federal grand jury in Phoenix has indicted the former head of a defunct Arizona charity on 193 counts of wire fraud and money laundering, alleging that he operated a Ponzi scheme that stole millions of dollars from elderly investors who thought they were putting their money into charitable gift…
University Sets Campaign Record
The University of Southern California, in Los Angeles, last week announced the conclusion of a capital campaign that raised more than $2.85-billion -- the largest amount raised in a single nonprofit drive. The university began its campaign in 1993 as a $1-billion, seven-year effort. When the…
Taking Sides at the Supreme Court: Groups Submitting Views in Telemarketing Case
Following are nonprofit organizations, charity regulators, and others that have filed briefs in ALSO SEE:Legitimate Fund Raising or Fraud?Highlights of Supreme Court Rulings on Charity-Appeals RegulationOPINION: Charities Should Urge Court to Protect Donors support of the State of Illinois in the…
ROTC Cadets Among New ‘Points of Light’
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
Atlanta Art Museum Receives $12-Million; Other Recent Gifts
The High Museum of Art, in Atlanta, has received $12-million from John Wieland, chief executive officer and chairman of John Wieland Homes & Neighborhoods, in Atlanta, and his wife, Sue, for capital improvements. The gift will help construct three new buildings that will house museum collections…
How The Chronicle’s 2003 Survey of Big U.S. Foundations Was Compiled
The Chronicle’s 12th annual survey of the nation’s largest private foundations is based on financial ALSO SEE:Giving Trends at Big Foundations: A searchable databaseNo More Wiggle RoomNonprofit Popularity Contests information provided by 138 grant makers. Among the 133 foundations that provided…
By Marni D. Larose
Contributor
Grant makers reward charities that have cutting-edge missions -- and punish groups whose issues are old newsWhen welfare benefits expired for tens of thousands of California residents on January 1, the Los Angeles Coalition to ALSO SEE:Giving Trends at Big Foundations: A searchable databaseNo More…
By Jennifer C. Berkshire
Contributor
Big U.S. foundations see drop in assets for third straight yearThe declining stock market continued to erode the assets of the nation’s largest private foundations ALSO SEE:Giving Trends at Big Foundations: A searchable databaseNonprofit Popularity ContestsHow The Chronicle‘s 2003 Survey of Big…
By Brad Wolverton
Contributor
Photograph by Alain McLaughlinDespite significant changes in the way society treats people with disabilities, many still find themselves isolated in their communities, unable to pursue educational opportunities or find jobs. The Community Technology Foundation of California, in San Francisco, is…
The Nation’s 10 Wealthiest Foundations
2002 assets Percentage change from 2001 1. Bill & Melinda Gates Foundation $24,078,231,416 - 4.5% 2. Lilly Endowment* $10,000,000,000 - 22.0% 3. Ford Foundation $9,700,000,000 - 14.2% 4. Robert Wood Johnson Foundation $7,820,677,480 - 11.6 5. W.K. Kellogg Foundation $5,656,000,000 + 3.1% 6. William…