Giving by Companies Rose 14% Last Year, Study Finds
Two new studies shed light on corporate giving and how Americans view it: Corporate giving jumped by 14 percent in 2005, to $8.4-billion, according to a survey of 62 big companies. Americans say they are more impressed by how a company treats its workers than by how much it gives. The survey on the…
By SUZANNE PERRY
Contributor
Financier’s Bequests Total $120-Million
Arthur Zankel, the New York financier who died in July, left a total of $120-million to several nonprofit institutions, including Skidmore College, in Saratoga Springs, N.Y, which received $42-million, the largest of all of the bequests. Mr. Zankel committed suicide at age 73 after a decades-long…
By Maria Di Mento
Senior Editor
Children’s Hospital Gets $25-Million; Other Gifts
Three institutions have received big gifts: Tristram C. Colket Jr., owner of Tekloc Enterprises, an investment company in Paoli, Pa., and his wife, Ruth, have given $25-million to the Children’s Hospital of Philadelphia. The money will be used to build a research center. Both Mr. and Ms. Colket…
By Maria Di Mento
Senior Editor
Mary French knows from personal experience that children love dictionaries — she has been distributing them free to third graders in her home state of South Carolina for more than 10 years. But she has also learned just how much adults, even in this high-tech era, are attached to the humble…
By SUZANNE PERRY
Contributor
Interest Rates for Planned Gifts
Following are the interest rates, provided by the Internal Revenue Service, for computing charitable deductions for charitable remainder trusts, gift annuities, charitable lead trusts, and some other deferred gifts. June 2006 6.0% May 5.8% April 5.6% March 5.4% February 5.2% January 5.4% December…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced Closing date Goal Amount raised Purpose American Composers Orchestra (N.Y.) Nov. 2005 2010 $2,500,000 $1,400,000 To create an endowed fund for emerging composers Intercollegiate Studies…
Camp Fire USA, Lone Star Council (Dallas): Appointed Anthony D. Roberts, vice president of development at Texans Can Academies (Dallas), to be chief executive officer. Catholic Charities USA (Alexandria, Va.): Announced the retirement of Sharon Daly, senior adviser on public policy. Center for…