Postage Increase for Charities Could Take Effect in 2007
By Holly HallThe U.S. Postal Service has proposed new rates that would increase postage costs for charities by 8.4 percent on average. The new rates are not expected to take effect until at least May 2007. The proposal comes less than one year after the last postage increase: Charities began paying…
Blondes Have More Funds When Raising Charitable Donations, Study Finds
By Holly HallCharities raise more money going door to door when they get attractive young women to do the asking, particularly if they are blonde, a new study has found. The research, with 44 undergraduates who were hired to raise money for a new nonprofit research center at their university,…
A growing number of charities, large and small, are joining with companies to raise moneySt. Jude Children’s Research Hospital, in Memphis, has long relied on money from corporations. In particular, it has been focusing on marketing deals with companies, and last year raised $21-million from such…
Learning the Business of Philanthropy
Program in South Carolina teaches high-school students how to make money and give it awaySamuel Irvin (Chip) Baxter Jr., 17, wants to follow in his father’s footsteps into the word of banking and finance. ALSO SEE:Charity’s Youth MovementHigh-School Senior and Peers Are a Growing Force for…
42% Gave to Social Causes, Survey Says
Forty-two percent of Americans gave money or time to benefit social causes in 2005, a bigger share than the 35 percent who made such donations in 2004, according to a new Roper Reports Public Pulse survey. The increase was accounted for in part by donations for victims of Hurricanes Katrina and…
$100-Million Pledged to N.Y. Cancer Center
The Memorial Sloan-Kettering Cancer Center, in New York, has received a $100-million pledge from Mortimer B. Zuckerman, the publisher and real-estate developer, for the center’s new cancer-research facility, which includes a 23-story tower scheduled to open this month. Mr. Zuckerman is chairman and…
Cleveland Clinic Receives $82-Million; Other Gifts
Six institutions have garnered big gifts: The Cleveland Clinic has received a $65-million pledge from an anonymous donor for construction and renovations at the Heart and Vascular Institute, as part of the clinic’s $1.25-billion capital campaign, which was announced last week. The clinic has also…
Nonprofit Groups Urged to Adopt Investing Guidelines
Thirty-four government pension funds, religious groups, and other large institutional investors from 16 countries, controlling more than $2-trillion in assets, have joined together in an effort to ensure that companies pay greater attention to environmental and social issues. The organizations…
Government Leaders Issue Challenges to Grant Makers
By Suzanne Perry and Caroline Preston Grant makers need to do more to help rural areas, rebuild the hurricane-devastated Gulf Coast, promote energy independence, be accountable for overseas spending, and prepare for a possible avian-flu pandemic, said speakers here last week at the annual meeting…
Cuban Embargo Hinders Efforts to Restore Hemingway Estate
Ernest Hemingway, who lived in Cuba while writing The Old Man and the Sea, For Whom the Bell Tolls, and ALSO SEE:Charity’s Barrier Island other works, left behind a stucco villa outside of Havana filled with furniture, artwork, books, and letters. The estate, Finca Vigia (Overlook Farm), serves…