Most Foundations Do Not Have Any Paid Employees, Study Finds
By DEBRA E. BLULMFew U.S. foundations are run by paid staff members, according to a ALSO SEE: Staffing at U.S. Foundations new report by the Foundation Center, in New York. Many of the funds, particularly those with small endowments and family foundations run by family members themselves, are…
Church Giving by Protestants: Report Cites 30-Year Trends
By DEBRA E. BLUMProtestants have been making bigger and bigger donations to their churches over the past few decades, but the gifts are accounting for an increasingly smaller share of their incomes, a new report says. The report, by Empty Tomb, a research and social-services group in Champaign,…
American Foundations Increase Giving to Support International Projects
By DEBRA E. BLUMOverseas giving by American foundations is expected to increase ALSO SEE:International Giving by American Foundations in coming years as thousands of grant makers try to figure out how best to distribute endowments that are swelling fast, a new report says. The report, by the…
Giving by Biggest Companies Rose 18% in 1999, New Study Finds
By DEBRA E. BLUMDonations to American charities by 117 of the nation’s biggest companies rose ALSO SEE: Corporate Philanthropy, 1999 by an average of 18 percent in 1999, according to a new study by the Conference Board, in New York. But a report on the study estimated that when the final numbers…
‘The Nation’: ‘Deal With the Devil’
By DEBRA E. BLUMFoundations that are formed when nonprofit hospitals and other health-care providers convert to for-profit status are “the products of a deal with the devil,” according to The Nation magazine (December 18). While many foundations have spent millions of dollars to improve health…
Groups Find Gold in Real-Estate Crunch
By DEBRA E. BLUMA tight real-estate market is driving up costs for nonprofit groups across the country, but some charities that own property are benefiting from the high prices. The Vera Institute of Justice, a New York research and advocacy group that works on ALSO SEE:Seeking a New Lease on Life…
Real-estate boom’s soaring rents are uprooting urban charitiesStreetcats Foundation for Youth, a San Francisco charity that provides counseling for troubled teenagers, got word last month that it had 60 days to vacate its quarters. The building’s new owner, hoping to cash in on a hot real-estate…
Fund Raisers Find For-Profit Jobs Give Them Best of Both Worlds
By DEBRA E. BLUM and DOMENICA MARCHETTIWhen Gregory A. Schupra left his fund-raising job at a community foundation last year for a new job with a big bank, ALSO SEE:Chasing Charitable AssetsFees Paid to Donors’ Financial Advisers Stir Debate in the Philanthropic World his colleagues in the…
Fees Paid to Donors’ Financial Advisers Stir Debate in the Philanthropic World
By DEBRA E. BLUMWhen Eaton Vance Management, a Boston mutual-fund company, ALSO SEE:Chasing Charitable AssetsFund Raisers Find For-Profit Jobs Give Them Best of Both Worlds opened two charitable-giving funds this year, financial advisers received some generous incentives to sell the funds to…
Groups try new strategies as donors turn to financial-services companiesLast year, fund raisers from Providence Health System of Oregon, in Portland, began showing up on the doorsteps of some of the group’s biggest donors, ALSO SEE:Fees Paid to Donors’ Financial Advisers Stir Debate in the…