Alliance for Children and Families (Milwaukee): Appointed Karl Robe, media-relations coordinator of media relations, to be director of public relations. Audubon Expedition Institute (Belfast, Me.): Appointed Mia Purcell, programs-abroad coordinator at the Springfield, Mass., office of American…
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. January 2001 6.8% December 2000 7.4% November 7.2% October 7.4% September 7.6%…
The following awards have been presented for work in fund raising, nonprofit management, philanthropy, and volunteerism: Arts and humanities. President Clinton has announced the recipients of the 2000 National Medal of Arts, including Lewis Manilow, a long-time supporter of arts groups in Chicago,…
Write-Offs: IRS Approves Settlement; Coaliton Forms Advisory Group on Nonprofit Tax Issues
By ELIZABETH SCHWINN The Internal Revenue Service has approved a $20.1-million settlement between the former trustees of Hawaii’s wealthiest charity and the Hawaii attorney general’s office, ending a three-year legal battle over the $6-billion charitable trust. At issue were charges that the former…
By Elizabeth Schwinn
Contributor
Temporary-Help Group Is Denied Tax Exemption
By ELIZABETH SCHWINNSaying that an organization is not a charity just because it gives away its services, the U.S. Tax Court has ruled that an organization that pledged to provide free job training to the poor and free employment referrals to business was not exempt from tax because its activities…
By Elizabeth Schwinn
Contributor
‘Fast Company’: Demise of Business Group
Business Enterprise Trust, a nonprofit group founded by the television producer Norman Lear, went out of business in June, reports Fast Company. The organization, to which Mr. Lear provided $10-million, was founded in 1989 to encourage corporate social responsibility. While it was one of the first…
A special section of Barron’s, published in the December 18 issue, focused on philanthropy. Among the topics covered in the articles: The growing demands by donors for measurable results. The World Wildlife Fund’s $270-million project to save 100 million acres of the Brazilian Amazon. The project…
‘Newsweek’: Challenges for Philanthropy
In a special January-February edition examining key issues of the coming year, Newsweek asks business and nonprofit leaders to reflect on doing good. In excerpts from a roundtable discussion, four people who have been designated by the World Economic Forum, in Davos, Switzerland, as Global Leaders…
Workbook Aims to Foster Philanthropy in Children
The Giving Book: A Young Person’s Guide to Giving and Volunteering, Volume I, Ages 5-8 is the first installment in a three-part series designed to “cultivate in young children a commitment to the community through lessons in volunteerism, philanthropy, and financial literacy.” With stories,…
By Gwen A. Williamson
Contributor