New York Sues Fund Raiser Over State Registration
In what New York officials call an unprecedented effort to crack down on fund-raising abuses, state Attorney General Eliot Spitzer has filed criminal charges against a telemarketing company and its owner for allegedly failing to register with state authorities as required by New York charities law.…
By GRANT WILLIAMS
Contributor
How Americans Decide to Give and How Much They Donate
By gender By age By annual income Total Male Female 18-24 25-36 37-55 56-71 72 and older Less than $30,000 $30,000 to $49,999 $50,000 to $74,999 $75,000 or more Sum contributed to charity in the past 12 months $1 to $99 37% 34% 40% 57% 36% 36% 31% 35% 46% 40% 37% 21% $100 to $249 22 20 24 15 25 19…
Health, Education Endowments Studied
Investments made by nonprofit health-care organizations outperformed two major stock-market indices last year, while the endowments of colleges and universities earned money as those indices fell, according to two studies released in September. The studies, conducted by the Commonfund Institute,…
By Michael Anft
Contributor
Donors Are Giving Less Than in 2001, Poll Finds
While 86 percent of Americans said they had contributed to charities in the past 12 months, many ALSO SEE: How Americans Decide to Give and How Much They Donate donated smaller sums than they did in 2001, according to the results of a new poll. Fourteen percent of respondents said they contributed…
By Matt Murray
Contributor
Nonprofit organizations win 15 awards in an annual direct-marketing competitionA Defenders of Wildlife mailing featuring a caricature of Interior Secretary Gale Norton, looking very much ALSO SEE:Echo Awards Winners like Disney’s pup-murdering cartoon villain Cruella De Vil, was one of 15 charity…
By DOMENICA MARCHETTI
Contributor
With Dreams of the Big Leagues, an Executive Meets His Coach
“May I have a word with you?” David Mersky, one of my board members, asked recently. “Outside.” As always, David’s voice was deep and courteous, betraying his past as a rabbi. A fund-raising consultant by profession, he has a knack for magically appearing at the right moments and saying the right…
By Yosef I. Abramowitz
Contributor
Donations to Community Foundations Drop for Second Year in a Row, Study Finds
Gifts to community foundations fell by nearly 10 percent in 2002, after adjusting for inflation, the second year in a row that donations have ALSO SEE:
By Harvy Lipman
Contributor
Community Foundations Consider New Approaches for Financial Stability
The Arizona Community Foundation has always known that maintaining its statewide network of 11 affiliates -- run from four ALSO SEE:
By Stephen G. Greene
Contributor
Cashing Out to Avoid Annuity Risk
Some charities transfer assets to insurers, but others dislike ideaEconomic strains and financial-market uncertainties have prompted a growing number of charities to engage in a controversial, but potentially money-saving, practice: giving insurance companies the millions of dollars donated through…
By Brad Wolverton
Contributor