Donors Increasingly Use Legal Contracts to Stipulate Demands on Charities
More and more donors not only want control over the gifts they make to charity, legal and ALSO SEE:Ties That Bind fund-raising experts say, but they also are demanding that the terms of that control be put in binding, sometimes exhaustive, contracts. The written agreements often contain a host of…
By Debra E. Blum
Contributor
More donors specify terms for their gifts to charityA $20-million gift to a university for a new student center last year came with a 12-page contract. ALSO SEE:Donors Increasingly Use Legal Contracts to Stipulate Demands on Charities The agreement gave the donors, a New York couple, the right to…
By Debra E. Blum
Contributor
Photograph by Dean HesseAfter waves hurled James Shepherd onto the ocean floor while he was body surfing off the coast of Rio de Janeiro, he found himself partially paralyzed at a Denver hospital instead of celebrating his recent college graduation on a trip around the world. He just wanted to be…
Advertising Council (New York): Appointed Patty Kornfield Goldman, research manager, ALSO SEE:Veteran Nonprofit Leader Can’t Pass Up Role of a Lifetime to be director of research. Afterschool Alliance (Washington): Appointed Judy Y. Samuelson, a communications consultant and former vice president…
The Nonprofit World: Financial and Employment Trends
Nonprofit organizations in the United States spent nearly $785-billion in 1999, ALSO SEE:Financial and Employment Trends accounting for 8.5 percent of the nation’s gross domestic product, according to data released last week. When inflation is taken into account, that is an increase of $189-billion…
Interest Rates for Planned Gifts
From the issue dated March 21, 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. March 2002 5.4% February 5.6% January 5.4%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose American Society of Mechanical Engineers (N.Y.) Nov. 1996 Nov. 2001 $3,000,000 $5,934,179 To support programs that inspire young people to pursue…
Nonprofit Pay: Salary Ranges at Organizations in New York City
Annual budgets of organizations Less than
The Nonprofit World: Financial and Employment Trends
ALSO SEE: The Nonprofit World: Financial and Employment Trends Key Statistics 1977 1990 1998 Organizations 739,000 983,000 1,228,000 Employees 5,519,500 8,652,300 10,900,100 Percentage of total U.S. employment 5.3% 6.3% 7.1% Employee earnings $46,700,000,000 $156,200,000,000 $258,800,000,000…