Social, Legal Changes Threaten Nonprofit Credibility, Book Says
A Corporate Form of Freedom: The Emergence of the Nonprofit Sector
By Janine E. Guglielmino
Contributor
New ‘Points of Light’ Include Founder of Music Program
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…
Survey Finds Drop in Percentage of Donors to Churches and in Their Average Yearly Gifts
Sixty-one percent of adults made cash donations to one or more churches or other places of worship last year, down from 66 percent in 1999, according to a new survey. The average amount of a donor’s annual church contributions also slipped during that period, from $806 to $649, the survey found.…
U. of Va. Gets Land Worth $45-Million; Other Gifts
John W. Kluge, a telecommunications and media executive, has given the University of Virginia real estate worth $45-million in Albemarle County, Va. The donation includes 7,378 acres of land, including 10 working farms. Mr. Kluge, the chairman of Metromedia Company, will retain use of a portion of…
Not by Bread Alone: Soup Kitchen’s Exhibit Feeds the Human Spirit
More than 40 photojournalists from around the world donated their time and ALSO SEE:View the complete photo essay online photographs to help the Capuchin Soup Kitchen of Detroit raise money through an online auction and photo exhibit. Photographers were asked to donate two prints that illustrate…
Tax Bill Eases Limits on Retirement Plans Offered by Nonprofit Employers
Contained within the massive new tax law are changes to retirement-plan rules that could help nonprofit groups attract and keep employees, especially top executives. ALSO SEE:Lobbyists’ Labours Lost?Phaseout of Estate Tax Will Make It Tougher to Raise Funds Over Long Term, Experts Say The law puts…
By Elizabeth Schwinn
Contributor
Phaseout of Estate Tax Will Make It Tougher to Raise Funds Over Long Term, Experts Say
Even before President Bush had signed the $1.35-trillion tax-cut bill into law, and the Treasury Department began getting ready to send income-tax rebate checks to taxpayers, fund raisers were coming up with ways they could use the law to drum up donations. ALSO SEE:Lobbyists’ Labours Lost?Tax Bill…
By Elizabeth Schwinn
Contributor
Issues pressed by charity leaders are left out of historic tax billWashington This month, at what might be the pinnacle of their influence with a president, the nation’s charities find themselves essentially shut out of the most important and largest piece of federal tax legislation passed by…
By GRANT WILLIAMS
Contributor
The Gospel of Wealth According to Steve: Postings From the Kirsch Fund Web Site
Following are excerpts from essays by Steve Kirsch, a high-technology executive and philanthropist in Silicon Valley, that are posted on the Web site maintained by the foundation he created with his wife, Michele. The site can be reached at http://www.kirschfoundation.org. Why not give all your…
Through his words and his grants, Steve Kirsch challenges fellow high-tech millionaires to step up their philanthropySan Jose, Calif. Like many high-technology entrepreneurs here, Steve Kirsch, 44, has seen his fortune dwindle in the past year. He estimates his net worth to be $70-million, down…
By DOMENICA MARCHETTI
Contributor