Funds Started by Reader’s Digest Co-Founders Decide to Combine Their Grant-Making Operations
The two philanthropies started by the co-founders of Reader’s Digest magazine have combined their grant making and will operate under the name Wallace-Reader’s Digest Funds. The DeWitt Wallace-Reader’s Digest Fund, with assets of $800-million, and the Lila Wallace-Reader’s Digest Fund, worth…
By MARINA DUNDJERSKI
Contributor
New Fund to Support Emerging Artists Awards 75 Grants Totaling Over $560,000
Creative Capital, a new fund to support emerging artists, announced its first round of grant winners this month. ALSO SEE:75 Artists Who Received Grants From New Warhol Fund It awarded some $563,700 to 75 artists. The fund was created by the Andy Warhol Foundation for the Visual Arts, in New York,…
By Meg Sommerfeld
Contributor
One Man’s Out-and-Out Philanthropy
Tim Gill uses his high-tech fortune to back gay groups, train other donors Colorado has never been known as a haven for gay people. That is precisely why Tim Gill, the openly gay entrepreneur who founded the publishing-software company Quark, decided to set up a foundation in the state -- and to…
By Susan Gray
Contributor
Photograph by William Greenblatt For almost a decade, Louis Knittel, 37, has been hard at work at a company that creates dentures, bridges, and porcelain crowns for patients. Mr. Knittel, who was born with cerebral palsy, found his job with the help of the Life Skills Foundation, in St. Louis. The…
Making Sure That the Clicks Stick
On-line holiday giving causes cheer, but keeping new donors is a challenge Even though the holidays are long gone, ALSO SEE:On-Line Promotions Tailored to CharitiesSeeking Donations on the Internet: a Sampling of Resources Maj. Bill Grein of the Marine Toys for Tots Foundation says it still feels…
By Holly Hall
Contributor
Access Living (Chicago): Appointed Karen Tamley, housing-policy coordinator, to be director of programs. American Leprosy Missions (Greenville, S.C.): Appointed Bill Ellenberger, chief executive officer of Cornerstone Portable Computers (Lake San Marcos, Cal.), to be Western-area director, based in…
Interest Rates for Planned Gifts
From the issue dated January 27, 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. February 1999 5.6% March 5.8% April 6.4% May…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Barnard College (N.Y.) May 1990 June 2000 $125,000,000 $162,900,000 For endowment, a new residence hall, renovations, student and faculty support,…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Barnard College (N.Y.) May 1990 June 2000 $125,000,000 $162,900,000 For endowment, a new residence hall, renovations, student and faculty support,…