Big Foundations Spent 16 Cents on Overhead for Every Dollar Given Away
While most foundations in The Chronicle’s survey reported a growth in assets, many of them plan to keep their ALSO SEE:DATABASE: Giving Trends at Big FoundationsARTICLE: Foundations Inch Up GivingARTICLE: Tobacco Road Block: The Impact of a Grant to Stop Kids From Smoking administrative costs trim…
By Cassie J. Moore and Ian Wilhelm
Size of Median Grants at Big Foundations
2004 2003 Gordon and Betty Moore Foundation (San Francisco) $1,318,890 $505,000 Robert W. Woodruff Foundation (Atlanta) 1,000,000 1,000,000 Broad Foundation (Los Angeles) 846,000 n/a Edna McConnell Clark Foundation (New York) 1 750,000 980,000 J. Bulow Campbell Foundation (Atlanta) 500,000 n/a…
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. March 2005 4.6% February 4.6% January 4.6% December 2004 4.2% November 4.2% October…
Following are summaries of recent reports by the BBB Wise Giving Alliance. This private group reports on whether charities meet standards for fund raising, governance, financial management, and public information. The alliance does not approve or disapprove of charities, and urges potential donors…
Assets grew last year, but grants won’t increase significantly(The original version of this article, as published in the March 17 issue, contained incorrect numbers for the Andrew W. Mellon Foundation. This article has been revised to reflect the new data, which shows that the foundation’s assets…
By Ian Wilhelm
Contributor
Assets grew last year, but grants won’t increase significantlyAs the stock market grew steadily for the second consecutive year in 2004, the assets of many of the nation’s wealthiest private foundations increased modestly, a new Chronicle survey has found. But ALSO SEE: DATABASE: Giving Trends at…
By Ian Wilhelm
Contributor
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced Closing date Goal Amount raised Purpose California Polytechnic State U. at San Luis Obispo April 2001 Dec. 2004 $225,000,000 $264,400,000 For academic programs, capital improvements,…
The following awards have been presented for work in advocacy, fund raising, nonprofit leadership, philanthropy, and other areas. Direct marketing. The Direct Marketing Association Nonprofit Federation (Washington) has given its 2005 Max Hart Achievement Award to Raymond J. Grace, chairman of…
Self-Proclaimed Nerd Uses Her Passion for Research to Nurture Others
I grew up in Black Rock, a suburb of Bridgeport, Conn., and I was one of those nerds who loved science. I didn’t have the slide rule, but I did have the big glasses. When I was 17, I can remember an insurance agent coming to the house and saying, “What do you want to