Interest Rates for Planned Gifts
From the issue dated August 8, 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. August 2002 5.2% July 2002 5.6% June 5.8% May…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Asian Art Museum (Calif.) 1996 Open $60,500,000 $153,500,000 To restore a building that will house the museum Converse College (S.C.) April 2001 June…
Tips for Getting the Most from Informational Interviewing
JOB MARKET By Sandy Asirvatham Most people love to talk about themselves and the work they do -- and it is this basic human truth that makes the informational interview possible. In such an interview, an active job seeker, or even a person just beginning to explore a new career path, might call…
By Sandy Asirvatham
Contributor
How a Careful Orientation Can Help New Trustees Get On Board
VOLUNTEERISM By Kimberlee Roth By the end of next year, all the founding board members of Covenant House Washington, a shelter for homeless and runaway youths, will leave their posts due to term limits. But when the new trustees start their tours of duty, the executive director, Vincent Gray, will…
By Kimberlee Roth
Contributor
Foundation Programs Aim to Increase Diversity Among Grant-Making Staffs
TOOLS AND TRAINING By Darlene M. Siska Three years ago, armed with a master’s degree from Stanford University and a work history that ALSO SEE:Foundation Staffs Do Not Reflect Diversity of U.S. Population, Report Says included stints at charities that primarily serve minorities, Adele James entered…
By Darlene M. Siska
Contributor
Snaring Foundation Program-Officer Jobs
Q. I would like to provide management assistance to charities to help them build stronger programs, and also review programs’ requests for funding. How can I prepare to become a program officer for a foundation? A. Program officers often take many paths to their jobs. To prepare, gain as much…
By Alison Stein Wellner
Contributor
IRS Issues Guidelines for Religious Groups
In time for this November’s elections, the Internal Revenue Service has published guidelines on how leaders of churches, mosques, synagogues, and other religious organizations may conduct political activities without causing their groups to lose tax-exempt status. The information is contained in a…
By Elizabeth Schwinn
Contributor
Automobile Donations Are High Priority for IRS
The IRS’s Exempt Organizations Division has announced its priorities for enforcing laws affecting charities in fiscal 2003, which begins October 1. Among the new items is a plan to issue guidelines on the charitable deductions that donors are allowed to take on the automobiles they donate to…
By Elizabeth Schwinn
Contributor
A Rear Admiral Takes Helm of Red Cross
In the past year, the American Red Cross has received an unprecedented amount of public scrutiny following allegations of mismanagement related to donations raised after the September 11 attacks, a public fight between the charity’s former president and its board of governors, and a fund-raising…
By Ian Wilhelm
Contributor