Hewlett Pledges $400-Million to Stanford; Grant Is Largest Ever to a U.S. University
By ZIYA SERDAR TUMGORENThe William and Flora Hewlett Foundation has made a $400-million pledge to Stanford University. The grant, which is the largest ever committed by a foundation to an American university, will support undergraduate education and add to an endowment for the humanities and…
By Serdar Tumgoren
Contributor
Foundation Study Finds Big Rise in 1999 in Charitable Loans and Investments
By GRANT WILLIAMSFoundations have increased the amount of money they are offering charities in the form of loans, equity ALSO SEE: Program-Related Investments investments, and other so-called program-related investments, according to a new study from the Foundation Center. In 1998, the country’s…
By GRANT WILLIAMS
Contributor
A Challenge to Step Up AIDS Grants
U.N. chief implores U.S. funds to help finance a global attackPhiladelphia When United Nations Secretary General Kofi Annan urged U.S. grant makers to become partners in a global battle against AIDS by helping to amass an international war chest of as much as $10-billion a year, he received a…
By Janet L. Fix
Contributor
Photograph by Valerie SchaffFour years ago, Gloria Gilbert Stoga quit her job as an aide to New York City Mayor Rudolph W. Giuliani to start Puppies Behind Bars, a nonprofit organization that trains prison inmates to raise guide dogs for the blind. Ms. Stoga became interested in the training of…
Fund-raising success masks drop in number of contributorsFor its on-air fund-raising drive in March, WHYY/Channel 12, Philadelphia’s public-television station, erected an eight-foot-high tote board to keep track of the campaign’s progress. But instead of tallying dollars raised -- the traditional…
By Debra E. Blum
Contributor
AIDS Service Center (Pasadena, Calif.): Appointed Dia Anthony, manager of housing and transportation, to be director of programs and services; Ines Casados, fiscal administrator for the youth department at the LA Gay & Lesbian Center (Los Angeles), to be director of finance and administration; and…
Interest Rates for Planned Gifts
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 2001 5.8% April 6.0% March 6.2% February 6.2% January 6.8% December 2000 7.0%…
Status and recent results of drives for endowments, capital improvements, and other needs Albion College (Mich.) Started or
House Committee Presses for Review of Health Clubs
By GRANT WILLIAMSThe chairman of the House Committee on Small Business has asked the Treasury Department to file a long-awaited report on charities that offer health and fitness activities that may compete with those offered by businesses. Rep. Don Manzullo, an Illinois Republican who became…
By GRANT WILLIAMS
Contributor