Foundation Assets Rise Sharply in Southeast, but Giving Stays Relatively Low, Report Finds
Foundations in Southeastern states issued $2-billion worth of grants in 1997, an increase of 74 per cent over 1992, according to a new report by the Foundation Center. ALSO SEE:Big Southeastern Foundations Created in the 1980s and 1990sGrowth of Southeastern Foundations’ Assets Over the same…
By Harvy Lipman
Contributor
Tulane, UCLA Receive Big Donations; Other Gifts
Five higher-education institutions have received big gifts. * Tulane University, in New Orleans, has received an unrestricted bequest of $18-million from the estate of Lallage Feazel Wall, whose father, William C. Feazel, built a fortune in the oil business. Mrs. Wall died in February. She had…
New Group Hopes to Increase Corporate Giving to $15-Billion a Year
Some of the nation’s top business leaders, along with the actor and businessman Paul Newman, are calling for companies nationwide to increase to $15-billion the total amount of their annual charitable gifts by 2004. To help spur corporate giving, the business leaders have formed a new non-profit…
By Debra E. Blum
Contributor
After-school programs win support of foundations, but challenges remain At P.S. 27, in the Red Hook neighborhood of Brooklyn, 10-year-old Antasia Johnson has finished school for the day. But instead of venturing home, she and numerous classmates are getting ready for a visit to a center for…
By DOMENICA MARCHETTI
Contributor
Activists on the Move in Japan
New law helps citizens’ groups win acceptance they’ve long craved The 700 or so participants at a recent non-profit conference here did not act much like revolutionaries ALSO SEE:Few Japanese Foundations Offer Much Support to Grassroots OrganizationsTokyo Group Tries to Weave Disabled Residents…
By Stephen G. Greene
Contributor
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…
Allegheny Lutheran Social Ministries (Hollidaysburg, Pa.): Appointed Julia Elvey, assistant director of development at Juniata College (Huntingdon, Pa.), to be director of annual giving. American Committee for the Weizmann Institute of Science (New York): Appointed Jeffrey J. Sussman,…
Interest Rates for Planned Gifts
From the issue dated December 2, 1999 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. January 1999 5.6% February 5.6% March 5.8%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Children’s Hospital (Ohio) Jan. 1995 Dec. 1999 $85,000,000 $102,000,000 For research, patient care, and educational programs at this hospital in…