Charities Seeking Bequests Should Court Younger Donors, Study Finds
Many charities could increase the amount of money they get from bequests by expanding their appeals to people in their 40s and 50s, rather than relying on solicitations to people 65 or older, a new study has found. The analysis found that individuals aged 40 to 60 were more likely than older…
By Holly Hall
Contributor
Critics Dispute Claim That Charities Lose Money on Special Events
The average organization spends more to plan and stage walkathons, galas, and other special events than they raise, ALSO SEE: TABLE: Special Fund-Raising Events: Two Ways to Count Earnings according to a new study by a charity-watchdog group. But the methodology used by Charity Navigator, in…
By PETER PANEPENTO
Contributor
Wealthy Americans Increased Their Giving by 20% Last Year
The wealthiest Americans increased the amount they gave to charity by 20 percent last year, according to a new study of households with assets of at least $1-million. In addition, among households with assets of at least $10-million, donations jumped by an average of 50 percent, says the survey by…
By nicole lewis
Contributor
Technology Magnate Creates Foundation With $75-Million; Other Gifts
Seven institutions have received big gifts: Harvey E. Najim, president of Sirius Computer Solutions, a technology company in San Antonio, has created the Harvey E. Najim Family Foundation, in San Antonio, with a $75-million gift. The new foundation will support education, children’s medical…
U. of the Pacific to Receive $100-Million
Robert C. Powell, a real-estate developer in Gold River, Calif., and his wife, Jeannette, an interior designer, announced last week that they plan to leave the University of the Pacific, in Stockton, Calif., a $100-million bequest to establish an endowment. The university won’t receive any of the…
By Maria Di Mento
Senior Editor
Nearly 70% of Foundations Give Charities Operating Aid
While charities often complain that foundations do not provide enough grants for their rent, staff salaries, and other operating expenses, a vast majority of philanthropies say they are willing to pay for such costs, a new study has found. In a survey of 710 foundations nationwide, 69 percent of…
By Ian Wilhelm
Contributor
Grants to Combat Methamphetamine Use: a Sampling
Alcoa Foundation (Pittsburgh): To study the effects ALSO SEE:ARTICLE: Combating a Menacing DrugARTICLE: Drug-Prevention Groups Warn of Meth’s Spread Across AmericaARTICLE: Technology Mogul’s $17-Million Gift to Fight Meth Attracts ControversyARTICLE: In Minnesota and Hawaii, Community Funds Take…
By MARTY MICHAELS
Contributor
In Minnesota and Hawaii, Community Funds Take Steps to Curb Meth Use
Minnesota and Hawaii face different challenges in dealing with methamphetamine abuse, ALSO SEE:ARTICLE: Combating a Menacing DrugARTICLE: Drug-Prevention Groups Warn of Meth’s Spread Across AmericaARTICLE: Technology Mogul’s $17-Million Gift to Fight Meth Attracts ControversyTEXTBOX:…
By MARTY MICHAELS
Contributor
Technology Mogul’s $17-Million Gift to Fight Meth Attracts Controversy
When it comes to combating methamphetamine use, the Thomas and Stacey Siebel Foundation, in Palo Alto, Calif., is the unquestioned ALSO SEE:ARTICLE: Combating a Menacing DrugARTICLE: Drug-Prevention Groups Warn of Meth’s Spread Across AmericaARTICLE: In Minnesota and Hawaii, Community Funds Take…
By MARTY MICHAELS
Contributor
Drug-Prevention Groups Warn of Meth’s Spread Across America
As part of its efforts to fight methamphetamine abuse, the Partnership for a Drug-Free America, in New York, introduced ALSO SEE:ARTICLE: Combating a Menacing DrugARTICLE: Technology Mogul’s $17-Million Gift to Fight Meth Attracts ControversyARTICLE: In Minnesota and Hawaii, Community Funds Take…
By MARTY MICHAELS
Contributor