Reduction in Rates for Gift Annuities Suggested
Charities should trim the rates they pay donors who set up gift annuities, according to a national ALSO SEE: New Gift-Annuity Rates planned-giving organization. The American Council on Gift Annuities has recommended that, starting in July, charities reduce rates for donors 48 or older by as much as…
By Brad Wolverton
Contributor
A fund raiser in West Texas finds that popping in on prospective donors leads to planned gifts aplentySan Angelo, Tex. Roger Ellison calls on 500 prospective donors every year, showing up unannounced on people’s front porches in a cowboy hat and ostrich-skin boots. In pursuit of donations, Mr.…
By Brad Wolverton
Contributor
Proposed Legislation Worries Many Who Attended Meeting of Grant Makers
Dallas Clouds of anxiety hung over the Council on Foundations’ 54th annual conference here last month, as ALSO SEE:Pushing Grant Makers grant makers -- already reeling from steep investment losses -- worried about the possibility of new federal legislation that would force them to give more money…
By Brad Wolverton
Contributor
Donor-Advised Funds Experience Drop in Contributions, Survey Finds
Contributions to many of the largest donor-advised funds fell last year, with Fidelity Investments’ Charitable ALSO SEE:Donor-Advised Funds: Assets, Awards, and Accounts at a Sampling of Big Providers Gift Fund -- the first and largest commercial fund -- for the first time distributing more money…
By Brad Wolverton
Contributor
Salaries Rise for Fund Raisers in New York
Increased competition for dollars and a weak economy prompted New York nonprofit groups to pay a premium to ALSO SEE:Nonprofit Pay: Salary Ranges at Organizations in New York City retain their most effective fund raisers, according to a new survey. Nonprofit organizations in the city increased the…
By Brad Wolverton
Contributor
United Ways Suffer Worst Fund-Raising Decline in Three Decades
The nation’s United Ways suffered their worst fund-raising decline in three decades in the 2002-3 campaign season, forcing charitable groups that rely on the organization for support to brace for further cuts. Donations to the country’s 1,400 local United Ways dropped between 3 and 4 percent -- a…
By Brad Wolverton
Contributor
Survey Examines Views of Tech Officials, CEO’s
Senior managers at nonprofit organizations are increasingly disconnected from information-technology executives and fund raisers when it comes to understanding their groups’ technology needs, according to a new study of 400 nonprofit officials by the Association of Fundraising Professionals and…
By Brad Wolverton
Contributor
Talk of War, Economic Woes Heard at Annual Meeting of Fund Raisers
Toronto The war in Iraq -- and its effects on the economy -- were a main topic of conversation at last week’s annual meeting of the Association of Fundraising Professionals here. A small crowd of people gathered during meeting breaks around a television tuned to CNN, while some fund raisers worried…
By Brad Wolverton
Contributor
Supreme Court Hears Arguments in Controversial Telemarketing Case
Washington In a case that could alter the way fund raisers do business, lawyers for the State of Illinois faced contentious questions from the justices of the U.S. Supreme Court this month during an hourlong session in a packed courtroom. But the court provided mixed signals about how it will…
By Brad Wolverton
Contributor
Colleges Suffer Record Drop in Alumni Contributions
A record drop in alumni giving last year caused private donations to colleges and universities to ALSO SEE:Giving to Colleges and Private Schools decline for the first time in 15 years, according to figures released last week by the Council for Aid to Education. Donations declined by 2.5 percent,…
By Brad Wolverton
Contributor