A Majority of Wealthy Americans Increase Gifts to Charity as Stocks Keep Soaring
More than three-quarters of the wealthiest Americans, most of whom have scored big gains in the roaring U.S. stock market of the 1990s, say they have become more inclined to give to charity as a result, according to a new report. About 70 per cent of the people surveyed said they would continue to…
Volunteering Varies Widely by Country
The percentage of adults who donate time to charity varies widely from one country to another, a new survey reports. Half of all adult Americans claim that they do some volunteer work, according to a poll of practices in seven countries. In India, by contrast, 32 per cent of adults say they…
Ted Turner Maps Out His Sphere of Influence
United Nations Foundation gets off to a quick start with first round of grants and a high-powered board The United Nations Foundation’s initial round of grants reflects both the varied interests of its benefactor, Ted Turner, and the wide range of activities in which U.N. agencies play a role. The…
‘Salon’ Magazine: the Scaife Connection
The Pittsburgh philanthropist and publisher Richard Mellon Scaife is the “shadowy figure” at the center of a brewing controversy involving independent counsel Kenneth Starr’s Whitewater investigation, according to Salon, an on-line magazine (http://www.salonmagazine.com). David Hale, a key witness…
The interplay between soul and money is explored in the Spring issue of Whole Earth. In articles, brief book reviews and excerpts, and lists of resources, the magazine examines the history of money and the myriad ways in which it is used, invested, and given away. “Education on giving is rare,”…
‘Governing’: Philanthropy Comes Under Attack
Foundations are increasingly coming under attack for promoting government policies at the state and local levels that are “more liberal than either the legislature or majority opinion in the state would feel comfortable with,” according to a cover story in Governing magazine (April). The article…
Federal Judge Orders Brooklyn Private School to Return $3-Million Gift
A federal judge has ordered a private school in Brooklyn, N.Y., to return a gift of nearly $3-million because the building it was intended to finance was not constructed by the deadline imposed by the donor. Despite the financial problems that returning the gift will cause the charity, the judge…
Leaders of a broad movement to ban land mines retool its structure after a year of tension and success The global campaign against land mines is seeking to chart its future and regain its momentum following a year of tremendous international achievement -- and internal fractures exacerbated by that…
Bitter Legal Dispute Pits National Diabetes Group Against a State Affiliate
A federal courtroom in Providence, R.I., is the arena for an angrily contested breakup involving the American Diabetes Association and its Rhode Island affiliate. The Rhode Island group split off from its institutional parent rather than give up its autonomy, which it would have had to do under a…
Health Care and Medical Research Top Issues for European Foundations
Europe’s leading grant makers provide more support for health care and medical research than for any other field, according to a new report. The European Grants Index, based on a broadly representative sample of grants awarded primarily in 1996 by members of the European Foundation Centre, shows…