How charity managers learn to raise funds -- and like itAfter years spent in the trenches of environmental activism, Tim Carmichael was named in 1998 to head the Coalition for Clean Air. For the most part, he says, he loves his work at the Los Angeles nonprofit organization. He presides over a…
By DAVID WHELAN
Contributor
MacArthur Marks Anniversary With $42-Million in Grants
To highlight its 25th anniversary, the John D. and Catherine T. MacArthur Foundation, in Chicago, last week announced $42-million in grants. The round of grants will push the foundation’s 2003 spending $15-million above its usual annual commitment of $175-million. Jonathan F. Fanton, president of…
By Michael Anft
Contributor
$10.2-Million Committed by Ford Heir; Other Gifts
Two organizations recently received large gifts and pledges: The Temple of the Vedic Planetarium, in Mayapur, India, has received a $10.2-million pledge from Alfred Brush Ford, a great-grandson of Henry Ford and co-founder of RapportNet, in Dearborn, Mich. The money will be used to construct this…
Founder of Charity That Helps Youngsters Avoid Drugs Is Among New ‘Points of Light’
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
Photograph by Michael VenturaThe Washington charity For Love of Children traces its roots to the 1965 March on Selma led by the Rev. Martin Luther King Jr. One participant, the Rev. Gordon Cosby, a Washington minister, was inspired by Mr. King’s vision of a socially just world, and returned to the…
Afterschool Alliance (Washington): Appointed Jen Rinehart, project officer for the 21st Century Community ALSO SEE:One-Time Activist Vows to Spark ‘Sense of Urgency’ at San Francisco Fund Learning Centers program at the U.S. Department of Education (Washington), to be associate director. American…
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…
Salaries and Benefits at Foundations
MEDIAN FOUNDATION SALARIES, BY POSITION Chief executive officer $98,000 Associate director/executive vice president $105,684 Vice president (program) $101,500 Vice president (administration) $93,000 Chief financial officer/treasurer $86,400 Controller $66,500 Chief investment officer $211,960…
Interest Rates for Planned Gifts
From the issue dated January 23, 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. January 2003 4.2% December 2002 4.0% November…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Berry College (Ga.) July 1999 June 2006 $100,000,000 $61,000,000 For academic programs and capital improvements Colby-Sawyer College (N.H.) July 2002…