New Support Extends Life of United Nations Fund
The United Nations Foundation, which Ted Turner founded in 1997 by pledging $1-billion, has attracted $150-million in additional private donations in the past five years and plans to continue to operate until at least 2012 -- five years longer than Mr. Turner says he originally intended. A recent…
By Brad Wolverton
Contributor
Museum Group Issues Guidelines on Ethics
Responding to controversies that have arisen over increasing efforts by donors to control how their gifts are used, the American Association of Museums has issued its first set of ethics guidelines governing how its 3,000 members should deal with individual contributors. “In today’s funding…
By Harvy Lipman
Contributor
Disenchanted Donor Seeks Return of $1.6-Million Gift
Six years ago, Paul F. Glenn donated $1.6-million to the University of Southern California, hoping ALSO SEE:Seeking Control in Court to underwrite biological research that would help unlock the secrets of the aging process. Last year, he sued the university, asking that his money be transferred to…
By Stephen G. Greene
Contributor
Disgruntled donors sue over use of their giftsThe question of how much influence donors or their families can exercise over their donations after the gifts ALSO SEE:Disenchanted Donor Seeks Return of $1.6-Million Gift have been made lies at the heart of a handful of high-profile lawsuits now…
By Stephen G. Greene
Contributor
Neighborhood Silence Is Golden
Photograph by Stefan ZacklinWhen Alan and Yolanda Young started renovating a house in a troubled section of Kansas City, Mo., their intention was to do the job quickly and move on. The place became their home, however, when they decided to take on another project: the neighborhood. Ivanhoe, which…
Access Living (Chicago): Appointed Ann Shillinglaw, director of development at the Illinois Institute of Technology’s Stuart Graduate School of Business (Chicago), to be director of development. Access Living is a nonresidential center that provides disabled people with independent-living services.…
Interest Rates for Planned Gifts
From the issue dated November 28, 2002 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. November 2002 3.6% October 4.2% September…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose American Technion Society (N.Y.) Oct. 1996 2006 $750,000,000 $413,000,000 For academic and research programs, faculty, capital improvements, and…
Nonprofit Groups Turn to Unions to Organize Workers and Collaborate on Common Causes
IN THE TRENCHES By Jennifer C. Berkshire When Joe Quirk made the decision to come out publicly in support of a labor-union organizing drive at his charity, he knew he was taking a risk. After all, the unionization effort under way at the Boston antipoverty group Action for Boston Community…
By Jennifer C. Berkshire
Contributor