Interest Rates for Planned Gifts
From the issue dated July 25, 2002 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. July 2002 5.6% June 5.8% May 6.0% April 5.6%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Albany Medical Center (N.Y.) Oct. 2001 Dec. 2004 $125,000,000 $91,700,000 For capital improvements, endowment, equipment, and the annual fund…
Once hard for charities to find amid the dot-com boom, technology workers are now available -- in drovesTwo years ago, when CompuMentor advertised to hire a technology consultant, the San ALSO SEE:Hard Times Force Some Organizations to Scale Back on Technology Plans Francisco charity was lucky to…
By Marilyn Dickey
Senior Editor, Copy
Gap Between Men’s and Women’s Pay Continues in Latest GuideStar Report
JOB MARKET By Harvy Lipman Female executives at nonprofit organizations continue to be paid less than men in similar jobs, according to an annual survey by GuideStar, a nonprofit ALSO SEE:Survey of College Fund Raisers Says That Gender Has Biggest Impact on Salary group that distributes information…
By Harvy Lipman
Contributor
How City Harvest’s Leader Learned About Hunger, Community Involvement, and Creating Change
ENTRY LEVEL Julia A. Erickson Age: 43 First job: Development officer, Bronx Frontier Development Corporation, New York Current job: Executive director, City Harvest, New York I graduated from Smith College in 1980 with a degree in government, and then, after a year of graduate school, I decided I…
Survey of College Fund Raisers Says That Gender Has Biggest Impact on Salary
JOB MARKET Women in fund-raising, alumni relations, and communications departments at colleges and universities earn far less than their male colleagues, according to a new survey of salaries and benefits commissioned by the Council for Advancement and Support of Education. The survey, whose data…
Research, Money, Personal Support Are Key to Successful Charity Start-Ups
IN THE TRENCHES By Marilyn Dickey In the past five years, tens of thousands of Somali immigrants have poured into Minnesota seeking housing, jobs, and an escape from the ravages of war in their country. ALSO SEE:Resources for Starting a Charity As the state’s Somali population has grown, and its…
By Marilyn Dickey
Senior Editor, Copy
Resources for Starting a Charity
IN THE TRENCHES Several organizations, books, and Web sites offer assistance to novice charity leaders, from helping them decide whether to start a nonprofit group to providing advice ALSO SEE:Research, Money, Personal Support Are Key to Successful Charity Start-Ups on fund raising, forming a…
Senate Defeats Plan to Repeal Estate Tax
Donors and fund raisers will continue to face uncertainty over the fate of the estate tax for some time to come, even though the Senate has defeated a plan to repeal the tax permanently on estates worth $1-million or more. The Senate voted 54 to 44 against considering a measure that would have…
By Elizabeth Schwinn
Contributor
Court Reverses IRS on Hospital Joint Venture
A nonprofit hospital will not lose its tax exemption as a result of a partnership with a for-profit hospital chain, a district court has ruled. St. David’s Health Care System, in Austin, Tex., may retain its nonprofit status even though half of the directors on its governing board were appointed by…
By Elizabeth Schwinn
Contributor