In Silicon Valley, Donors Aim Gifts at ‘Core Charities’
Compiled by Nicole Lewis and Elizabeth Schwinn Sterling K. Speirn, president, Peninsula Community Foundation (San Mateo, Calif.) How do 2003 donations to date compare with 2002? Contributions are on track ALSO SEE:Hope for the Holidays to meet or exceed last year’s numbers. One interesting trend:…
Amid signs of economic recovery, charity leaders say 2003 could end on a positive fund-raising noteIn the midst of the busiest fund-raising season for many charities, The Chronicle conducted a spot check of nonprofit leaders to gauge how their organizations are faring. While many described the past…
Fewer Funds Issue Annual Reports, Study Finds
Sixteen percent of foundations have issued printed annual reports on their finances this year, a sharp decline ALSO SEE: Foundations: How They Report to the Public from the portion that did so a decade ago, according to a new study by the Foundation Center. In 1993, 26 percent of foundations issued…
By Leah Kerkman
Contributor
Moore Foundation to Give $110-Million to Help Nurses
The Gordon and Betty Moore Foundation plans to give $110-million over 10 years to improve the quality of nursing care for patients in five counties of the San Francisco Bay Area. The Betty Irene Moore Nursing Initiative hopes to lower patient mortality rates and improve patient care by increasing…
By nicole lewis
Contributor
Daniels Fund Lays Off One Third of Its Workers
The Daniels Fund, one of the nation’s 75 wealthiest grant makers, laid off a third of its staff and closed offices in New Mexico, Utah, and Wyoming last month, as part of an effort to rein in operating costs. Daniels, the largest foundation in the Rocky Mountain region with assets of roughly…
By Ben Gose
Senior Editor
$20-Million Pledged to College; Other Gifts
Four donors have made large gifts and pledges: West Virginia University Foundation, in Morgantown, has received a $20-million pledge to the university’s capital campaign from Milan Puskar, co-founder and chairman of Mylan Laboratories, a pharmaceuticals company in Canonsburg, Pa. Most of the money…
Nebraska Charities Hope Local Wealth Will Help Revive Main Street
Atkinson, Neb. As the sun folds on the edge of the plains, Janet Krotter Chvala’s concerned eyes scan this corn-and-cattle town of 1,400 people. She has reason to worry. ALSO SEE:Rural Areas Reach Out to Donors The kids are moving away. Main Street is teetering. Many of the town’s residents are…
By Michael Anft
Contributor
Rural Areas Reach Out to Donors
New programs aim to combat poverty in small townsPoverty is most often thought of as an urban problem, but 25 percent more poor people live in small towns or in the ALSO SEE:Nebraska Charities Hope Local Wealth Will Help Revive Main Street country than in metropolitan areas. Of the 200 counties in…
By Michael Anft
Contributor
Photograph by Salena ZellersFabian Barnes, founder and artistic director of the Dance Institute of Washington, knew he wanted something “outside the standard Nutcracker” when he set out to do a holiday production 10 years ago. Thus was born The Spirit of Kwanzaa, a multimedia show that depicts the…
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. December 2003 4.2% November 4.0% October 4.4% September 4.2% August 3.2% July 3.0%…