Rollins College Receives $93-Million; Other Gifts
Four organizations have announced large gifts or pledges: Rollins College, in Winter Park, Fla., has received a $93.3-million bequest from George Cornell, of Delray Beach, Fla., who graduated from the college in 1935 and served on the Board of Trustees from 1981 until his death in April 2003. Two…
Majority of New Yorkers Gave to Charitable Groups in 2003
Nearly 60 percent of New Yorkers gave cash, clothing, or food to charitable organizations last year, a new survey found. Half the donations went to local social-service organizations, followed by educational institutions and hospitals and health causes. The survey, conducted in March by New York…
By nicole lewis
Contributor
Heinz Funds Face Political Pickle
Would a first lady also be able to run a big foundation?The nonprofit world faces an unprecedented prospect this presidential election: What if the country’s ALSO SEE:The Heinz Endowments first lady was also leader of one of the nation’s wealthiest foundations? That could happen if voters elect…
By Ian Wilhelm
Contributor
One springtime ritual for many teenage girls is the search for the perfect prom dress. But for some the pricetags can be prohibitive. To counter that problem, the Vancouver School District Foundation, in Washington, gave local high-school girls the opportunity in March to peruse more than 500…
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. May 2004 3.8% April 3.8% March 4.0% February 4.2% January 4.2% December 2003 4.2%…
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…
American Friends of the Israel Museum (New York): Appointed Lynn Holstein, director of external affairs at Iscar (Tefen, Israel), to be executive director. Bo’s Place (Houston): Appointed Muffin Clark, executive director of the DeLay Foundation for Kids (Houston), to be executive director. Bo’s…
Tax-Exempt Organizations Registered With the IRS
More than 950,000 charities and private foundations were registered with the Internal Revenue Service as of ALSO SEE:Tax-Exempt Organizations Registered With the IRS September 30, 2003, according to figures just released by the tax agency. That is an increase of 65 percent from a decade ago, when…
By Elizabeth Schwinn
Contributor