Interest Rates for Planned Gifts
From the issue dated May 2, 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. May 2002 6.0% April 5.6% March 5.4% February 5.6%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Austin College (Tex.) April 2002 Dec. 2004 $120,000,000 $73,185,880 For capital improvements, endowed chairs and professorships, facilities, and…
How a Denver Animal Charity Created a Training Program That Now Aids Shelters Nationwide
BRAINSTORMS By Janet Tate Animal shelters in the United States see more unwanted, abandoned, or abused animals pass through their doors each year than they can possibly place in suitable homes. Dumb Friends League, in Denver, is no exception: It handles more than 20,000 cats, dogs, birds, and other…
By Janet Tate
Contributor
Study of Chicago Arts Groups Finds Potential Leadership Shortage
JOB MARKET Chicago arts groups face serious challenges as their leaders prepare to leave their posts and those groups look to a new generation to fill those slots, according to a new survey by the Illinois Arts Alliance Foundation, a 20-year-old arts advocacy organization. The survey, which…
What Arts Organizations Are Doing to Attract Younger Patrons
IN THE TRENCHES By Mary E. Medland It was not a single epiphany, says Todd Schultz, when the Los Angeles Opera realized it should begin courting younger audiences, no moment when he and his colleagues looked out in the crowd and were taken aback to discover that the audience was predominantly…
By Mary E. Medland
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Alumni of Nonprofit-Management Programs Pick Most Important Courses in New Survey
TOOLS AND TRAINING Alumni of nonprofit-management education programs find courses on fund raising and governance most valuable, according to a new survey released by the W.K. Kellogg Foundation, in Battle Creek, Mich. The study builds upon findings of a Kellogg-sponsored study last year of…
Asking for a Raise During Tough Economic Times
JOB MARKET By Alison Stein Wellner You didn’t go into charity work to get rich. But, on the other hand, you probably didn’t take a vow of poverty, either -- and your creditors aren’t likely to care what you do for a living. Sooner or later, regardless of the prevailing economic climate, even the…
By Alison Stein Wellner
Contributor
Payments to Parish Include Charitable Gifts
By Grant Williams The Internal Revenue Service has ruled that a parish of the Roman Catholic Church may, in a fund-raising campaign, offer its members the right to use niches in its columbarium -- a vault with spaces for urns containing cremated remains -- because it will make clear what part of…
By Harvy Lipman
Contributor
Senator Wants Inquiry of Charity, Fund Raiser
By Harvy Lipman An influential Republican Senator who has been raising tough questions about federal regulation of charities ALSO SEE:Text of Senator’s Letter to the Department of Justice and Internal Revenue ServiceText of Senator’s Letter to the Federal Trade Commission has urged three top Bush…
By Harvy Lipman
Contributor
The following awards have been presented for achievement in fund raising, management, philanthropy, and research: Advocacy. The Gleitsman Foundation (Malibu, Calif.) has selected Mike Farrell, a star of the long-running television sitcom M*A*S*H, and Mimi Silbert, co-founder of the Delancey Street…