A Third of Young People Volunteer, Survey Finds
More than one in three Americans ages 15 to 29 have volunteered in the past year, according to a new national survey by the charity Do Something. That is significantly fewer than the more than 50 per cent of Americans ages 35 to 54 who said they were active volunteers in response to Independent…
By MARINA DUNDJERSKI
Contributor
Postal Commission Recommends an Increase in Rates for Charities
The Postal Rate Commission last week voted to recommend that non-profit postage be increased by 9.6 per cent, on average, for most letters and other pieces of mail. Rates for non-profit periodicals would rise by 8 per cent. New rates could take effect as early as July. The commission, an…
By Holly Hall
Contributor
2 Universities Seek $1-Billion in Fund-Raising Campaigns
Two private universities announced plans this month to seek $1-billion in capital campaigns. Northwestern University, in Evanston, Ill., last week announced its campaign to raise $1-billion by August 2003. So far, it has raised $457-million. And the Johns Hopkins University, in Baltimore, earlier…
By C. Quinn Hanchette
Contributor
Charity-Celebrity Partnerships Offer Benefits for for Causes and Stars
The American Paralysis Association proceeded carefully when it first approached Christopher Reeve shortly after the actor was injured in a horseback-riding accident three years ago. Henry G. Stifel, who was then chairman of the organization, sent a note and a packet of information about spinal-cord…
By DOMENICA MARCHETTI
Contributor
New Fund Caters to the Philanthropy of the Rich and Famous
Two years ago, Michael Jordan shut down his foundation following criticism in news accounts that it spent too much money on overhead, including a $47,500 payment to his sister to run it. Last month, the singer Michael Bolton found himself denying that less than 15 per cent of the money his…
By Susan Gray
Contributor
Christopher Reeve’s uncommon efforts help paralysis group double its budget On the days that Christopher Reeve is scheduled to attend a fund-raising gala, his nurses help him get into his tuxedo as soon as he gets out of bed, and he must stay dressed in the uncomfortable clothing all day.…
By DOMENICA MARCHETTI
Contributor
Cornell U. Is Promised $100-Million Donation
Sanford I. Weill, chief executive officer of the Travelers Group insurance and brokerage company, and his wife, Joan, have announced that they plan to give $100-million to Cornell University’s medical college in New York. Mr. Weill, a 1955 graduate of Cornell University and a trustee emeritus, has…
By Susan Gray
Contributor
White House Honors 12 More ‘Points of Light’ for Volunteer Work
Following are the 12 people and organizations that have most recently been named to receive President Clinton’s daily “Points of Light” award. The awards, which are given to those who have done exemplary volunteer work, take their name from President Bush’s description of people who do community…
Metropolitan Museum Gets European Art Worth $300-Million; Other Recent Gifts
The Metropolitan Museum of Art, in New York, has received a collection of 20th-century European art valued at up to $300-million. Natasha Gelman, who died May 2 in Cuernavaca, Mexico, bequeathed 85 art works that she and her husband, Jacques, had amassed over 50 years. The trove includes works by…
After a Decade at the Helm, Head of MacArthur Fund to Step Down
Adele Simmons, president of the John D. and Catherine T. MacArthur Foundation, in Chicago, announced last week that she plans to resign in September 1999. Ms. Simmons, who took over MacArthur’s top job in 1989, joins a growing list of heads of the nation’s wealthiest foundations who have decided to…
By MARINA DUNDJERSKI
Contributor