How Much Foundations Spent on Program-Related Investments
2002 2001 David and Lucile Packard Foundation $36,800,000 $35,641,000 Ford Foundation 1 $14,300,000 $12,320,000 John D. and Catherine T. MacArthur Foundation $14,000,000 $10,000,000 Gordon E. and Betty I. Moore Foundation $10,000,000 0 Otto Bremer Foundation $4,530,000 $4,341,000 Kohlberg…
Size of Median Grants at Big Foundations
2002 2001 J. Bulow Campbell Foundation $1,000,000 $1,000,000 Doris Duke Charitable Foundation $750,000 $545,000 W.M. Keck Foundation $639,000 $791,000 John A. Hartford Foundation $467,132 $1,398,373 Colorado Trust $300,000 n/a Spencer Foundation 1 $300,000 $300,000 Henry Luce Foundation $250,000…
Advocates for Children of New York (New York): Appointed Leigh Sansone, a lawyer, to be an advocate ALSO SEE:New President of Independent Sector Seeks to Build Strong Coalitions supporting educational services. Albright College (Reading, Pa.): Appointed Kelly K. Ferry, assistant director of alumni…
Agency Releases Data on Nonprofit Finances
The number of charities that filed Form 990 and Form 990-EZ informational tax returns with the government rose from 207,272 in 1998 to 211,615 in 1999, an increase of 2.1 percent, according to the Internal Revenue Service. That figure was lower than the 4.2-percent increase from 1997 to 1998 and…
By Grant Williams
Contributor
Deductions Rise, Says IRS Report
New statistics released by the Internal Revenue Service show that deductions claimed for charitable contributions rose from $125.8-billion in 1999 to an estimated $140.7-billion in 2000, an increase of 11.8 percent. The jump marked the fifth straight year that charitable deductions claimed by…
By Grant Williams
Contributor
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…
Interest Rates for Planned Gifts
From the issue dated March 6, 2003 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 2003 3.8% February 4.0% January 4.2%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Georgetown U. (D.C.) Oct. 1998 June 2003 $1,000,000,000 $869,000,000 For capital improvements, endowment, faculty support, financial aid, programs,…
Why Charities May Shut Out Job Seekers from the Business World
You simply cannot come off as if you’d be doing someone a favor if they hired you.
By Sandy Asirvatham
Contributor