Following are summaries of recent reports by the Council of Better Business Bureaus’ Philanthropic Advisory Service and the National Charities Information Bureau. Those two private organizations report on whether charities meet standards for fund raising, governance, financial management, and…
The Advertising Council (New York): Appointed Danielle Linet, director of broadcast production, to be vice president and director of broadcast production. The American Technion Society (New York): Appointed Irma Sarisohn, director of national programs, to be associate vice president for national…
Interest Rates for Planned Gifts
From the issue dated February 10, 2000 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. March 1999 5.8% April 6.4% May 6.2% June…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose American Society of Association Executives Foundation (D.C.) Aug. 1999 Aug. 2000 $5,500,000 $5,600,000 To endow the ASAE’s research programs Bucknell…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Dallas Symphony Orchestra Nov. 1997 Dec. 2000 $55,000,000 $55,800,850 To construct a new symphony center, purchase and refurbish instruments, and for…
Treasury Dept. Issues Proposals on Donor-Advised Funds and Travel Tours
The Treasury Department has issued two proposals that would affect many non-profit organizations: The department asked Congress to tighten the rules that govern so-called donor-advised funds. Such funds enable donors to turn over cash and appreciated assets to a charity, claim a charitable…
By GRANT WILLIAMS
Contributor
Helping the Rich Be Happy, Too
Adviser shuns mechanics of giving and helps wealthy people explore the feelings behind philanthropy Peter White helps rich people find happiness. “My joy in life is in helping people blossom,” he says. Mr. White gave up a successful law practice to start a consulting business, called International…
By Susan Gray
Contributor
President Clinton Proposes Tax Breaks to Encourage Giving
In his State of the Union address, President Clinton urged Congress to pass tax proposals aimed at promoting philanthropy. The plan, which would cost the federal government $14-billion over 10 years to carry out, is the result of discussions at the first-ever White House conference on philanthropy,…
By GRANT WILLIAMS
Contributor
Proposed Rates for Standard Non-Profit MailProposed Rates for Periodical Non-Profit Mail
From the issue dated January 27, 2000 ALSO SEE: Postal Service Seeks Increase of Up to 15% in Rates for Charity Mailings Proposed Rates for Periodical Non-Profit Mail FOR LETTERS Current rate Proposed rate Basic rate 16.9¢ 15.9¢ Sorted by ZIP code1 14.2¢ 15.0¢ Enhanced carrier route 9.9¢ 11.3¢ High…