Donations of real estate can be extremely lucrative for charities, but they also can be more trouble than they’re worth A handful of farmers in eastern Kansas were faced with a problem: They wanted to use their land, which had greatly appreciated in value, to set up planned gifts with charities in…
By Holly Hall
Contributor
Couple Leaves $120-Million to 3 Institutions; Other Gifts
Several non-profit organizations have received big gifts. * A San Diego couple has bequeathed a total of $120-million to three institutions in California. The California Institute of Technology, in Pasadena, has received $60-million from the estate of Rea A. and Lela (Jackie) Axline of San Diego.…
Football Team’s Sale to Benefit Fund
A pending offer for the National Football League’s Washington Redskins could generate as much as $500-million for the charitable foundation created by the team’s owner, the late Jack Kent Cooke. Mr. Cooke, who died in April 1997, left 90 per cent of the Washington Redskins to the charitable…
New Health Programs to Give $58-Million
The Robert Wood Johnson Foundation has announced two new grant-making programs that will give away more than $58-million: * “Covering Kids: A National Health Access Initiative for Low-Income, Uninsured Children.” The $47-million program is designed to encourage governments and private organizations…
Officials of Funds That Invite Donors’ Advice Brace for Federal Scrutiny
Community foundations and similar organizations are bracing for Congressional scrutiny of their operations -- and are working hard to head off new restrictions that they say would throw cold water on what has become a very hot giving technique. Key Congressional staff members have been holding…
By Jennifer Moore
Contributor
Grants Seek to Encourage Growth in Organized Philanthropy
Eleven regional coalitions of grant makers have received seed money from several major donors to help increase organized philanthropy among Americans. The Forum of Regional Associations of Grantmakers, a national organization that represents two dozen of the country’s largest such coalitions,…
By Stephen G. Greene
Contributor
Grants Helped Build a Health Facility of ‘Peace and Happiness’
When Jennie Chin Hansen’s father suffered a debilitating stroke, she knew where to bring him. ALSO SEE:A New Focus on Aging Ms. Hansen was a researcher at On Lok SeniorHealth Services, a San Francisco charity that provides myriad health and social services to frail elderly patients who live at…
By DOMENICA MARCHETTI
Contributor
Photograph by Richard Lord Fifteen-year-old Rene Diaz is only a high-school junior, but he’s already had the opportunity to be a radio producer, editor, and host. He and nine other New York teen-agers are taking part in a project run by the New York radio station WBAI and Global Kids, a non-profit…
Advocates for the elderly urge grant makers to do more Retiring baby boomers will head not for Sun City, Fort Lauderdale, or other popular havens for the elderly but for places like Pittsburgh -- if a new $200,000 foundation grant achieves its goal. ALSO SEE:Grants Helped Build a Health Facility of…
By DOMENICA MARCHETTI
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…