Companies Compete on Donor Funds
A decade after Fidelity Investments introduced the first commercial donor-advised–fund, the field is growing more crowded than ever. Among the companies that recently have entered the multibillion-dollar donor-advised-fund market or are offering ALSO SEE:Private-label gift funds are growing in…
By Debra E. Blum
Contributor
Assets of Donor-Advised Funds Totaled $12.3-Billion Last Year, Survey Finds
Assets held by many of the nation’s biggest donor-advised funds rose to $12.3-billion ALSO SEE:Private-label gift funds are growing in popularityCompanies compete on donor fundsDonor-advised funds: assets, awards, and accounts at a sampling of big providers last year, and the funds awarded…
By Marni D. Larose
Contributor
Private-label gift funds are growing in popularityDonor-advised funds may soon be as ubiquitous as branch banks and mutual funds. Nearly a ALSO SEE:Assets of donor-advised funds totaled $12.3-billion last year, survey findsCompanies compete on donor fundsDonor-advised funds: assets, awards, and…
By Debra E. Blum
Contributor
Photograph by Joy PhoenixNext month, hundreds of professional artists and children will converge on San Rafael, Calif., to turn the blacktop of the city’s streets into their own urban museum. The annual Italian Street Painting Festival, modeled on an event in northern Italy, draws around 50,000…
American Heart Association (Dallas): Appointed Suzie Upton, vice president of development, to be executive vice president of development, and Michael Wilson, executive vice president of the New York State affiliate (Syracuse, N.Y.), to be executive vice president of technology and customer…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Catawba College (N.C.) May 1997 May 2002 $56,500,000 $55,100,000 For endowment, new facilities and renovations, technology, and operating support…
Donor-Advised Funds: Assets, Awards, and Accounts at a Sampling of Big Providers
From the issue dated May 30, 2002 Assets Amount distributed to charities Number of funds 2000 2001 Percent change 2000 2001 Percent change 2000 2001 Percent change Commercial Funds American Gift Fund (Newark, Del.) $4,574,407 $5,960,591 +30.3% $964,182 $1,407,853 +46.0% 120 134 11.7% Ayco…
Interest Rates for Planned Gifts
From the issue dated May 30, 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%…
Getting the Most Out of Attending Conferences
IN THE TRENCHES By Alison Stein Wellner Conferences can be great ways to keep up with what’s new in the nonprofit world, meet with colleagues from far and wide, and pick up smart ideas that might make your job a little easier. On the other hand, conferences can also turn out to be expensive wastes…
By Alison Stein Wellner
Contributor