American Refugee Committee (Minneapolis): Appointed Karen Frederickson, chief of staff for U.S. Representative Earl Pomeroy (D-N.D.) (Washington), to be director of development. Archives of American Art, Smithsonian Institution (New York): Appointed Jeanne Baker Driscoll, director of major gifts at…
Interest Rates for Planned Gifts
From the issue dated June 13, 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. June 2002 5.8% May 6.0% April 5.6% March 5.4%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Florida State U. Oct. 2001 Dec. 2005 $600,000,000 $306,700,000 For capital improvements, endowment, and program support Lebanon Valley College (Pa.)…
A Hospital in East Los Angeles Reaches Out to Local Residents and Increases Its Fund-Raising Power
BRAINSTORMS By Rebecca Gardyn The gala benefit dinners and golf tournaments just weren’t working anymore. In truth, the events, which had been staples of White Memorial Medical Center’s fund-raising efforts for years, never did bring in the kind of money the nonprofit hospital in East Los Angeles…
By Rebecca Gardyn
Contributor
Making a Merger Go Smoothly for Nonprofit Workers
IN THE TRENCHES By Marilyn Dickey When the American Cancer Society’s New England offices merged to form one regional division in the mid-1990s, every employee except the chief executive officer had to reapply for a job in the new organization. With everything up in the air, the merger’s leaders…
By Marilyn Dickey
Senior Editor, Copy
A Former Upward Bound Leader Tells of Learning the Value of High Expectations
ENTRY LEVEL Magda A. Escobar Age: 32 First job: Leader, Upward Bound summer residential program, Stanford, Calif. Current job: Executive director, Plugged In, East Palo Alto, Calif. When I was growing up on a dairy farm in Clint, Tex., I was exposed to several special summer programs for teenagers,…
After the New Economy Bust, Charities Report Finding Technology Workers More Easily
JOB MARKET By Marilyn Dickey Two years ago, when CompuMentor advertised to hire a technology consultant, the San Francisco charity was lucky to get 30 résumés. And of those 30, only about a half-dozen applicants were worth calling for an interview, says Mark Liu, the group’s program director for…
By Marilyn Dickey
Senior Editor, Copy
Private foundations and charitable trusts distributed $19.7-billion to charitable projects in 1998, an 18 percent increase from a year earlier, the IRS reported. The 56,658 returns filed in 1998 by private foundations represented an increase of nearly 3 percent over the number of returns filed in…
By Elizabeth Schwinn
Contributor
IRS Says Heirs May Undo Charity Trusts
Three recent rulings by the IRS allow charities and donors or their heirs to terminate charitable trusts before they would normally have ended. The rulings have surprised some planned-giving experts who thought such trusts would be more difficult to end. As a result of the rulings, Christopher…
By Elizabeth Schwinn
Contributor