Fund Raisers’ Pay Hits New High, Compensation Survey Finds
The median salary of U.S. fund raisers jumped last year by more than 15 percent, to $72,050, or about $10,000 more than in 2003, according to a new survey by the ALSO SEE:TABLE: Salary and Benefits Paid to Fund Raisers Association of Fundraising Professionals. The finding marks the biggest earnings…
By Debra E. Blum
Contributor
Proposed Postage Increase Is Smaller Than Expected
Washington The U.S. Postal Service has proposed increases in rates that would cause charities’ postage costs to rise by an average of 5.4 percent in 2006. The amount of the proposed increase -- which ALSO SEE: TABLE: Proposed Rates for Bulk Nonprofit Mail in 2006 affects all mailers -- is easier…
By Holly Hall
Contributor
Problems Prompt One Fund to Adopt New Restrictions
As lawmakers debate ways to regulate donor-advised funds -- a giving technique that members of Congress say has been abused -- officials at one fund that has experienced problems with its accounts have put in place new rules to try to prevent trouble and encourage greater charitable giving. The…
By Brad Wolverton
Contributor
Proposed rules could hurt popularity of advised funds Spurred by a rising stock market, donor-advised funds grew rapidly for the second straight year in 2004, ALSO SEE:STATISTICAL DATA: Donor-Advised Funds: Assets, Awards, and Accounts at a Sampling of Big ProvidersTABLE: Percentage of Assets…
Contributions to Canadian Churches
Members Contributions Full or confirmed Total Total Per full or confirmed member Per member Apostolic Church in Canada 1 1,450 1,740 $1,705,737 $1,176 $980 Armenian Holy Apostolic ChurchCanadian Diocese 2 85,000 85,000 855,000 10 10 Baptist Union of Western Canada 3 20,427 20,427 5,107,654 250 250…
Contributions to U.S. Churches
Members Contributions Full or confirmed Total Total Per full or confirmed member Per member Albanian Orthodox Diocese of America 2,311 2,311 $133,000 $58 $58 Allegheny Wesleyan Methodist Connection 1,619 1,765 5,216,942 3,222 2,956 American Baptist Churches in the U.S.A. 1,433,075 1,433,075…
Donations to Churches on the Rise
Americans contributed more than $32-billion to 62 Christian denominations in 2003, according to a new report by the National Council of the Churches of Christ in the U.S.A. The Yearbook of American & ALSO SEE:TABLE: Contributions to U.S. ChurchesTABLE: Contributions to Canadian Churches Canadian…
By BRENNEN JENSEN
Contributor
The J. Paul Getty Museum, in Los Angeles, has received a collection of sculptures by Alexander Calder, Henry Moore, and other 20th-century artists from the estate of the film producer Ray Stark, who died in 2004. Museum officials declined to say how much the sculptures were worth, but The New York…
By Maria Di Mento
Senior Editor
$50-Million Awarded to Hospital; Other Gifts
Six institutions have received big gifts: Saddleback Memorial Foundation, in Laguna Hills, Calif., has received $50-million from Bill and Louise Meiklejohn to expand and upgrade medical laboratories, computer systems, and facilities at Saddleback Memorial Medical Center. The foundation has received…
David Rockefeller Pledges $100-Million to Museum of Modern Art
David Rockefeller, chairman emeritus of the Museum of Modern Art, in New York, announced that he would include a $100-million bequest to the institution in his will. In addition to the $100-million commitment, Mr. Rockefeller, 89, said he plans to start giving the museum $5-million a year until his…
By Maria Di Mento
Senior Editor