Photograph by the Bristol-Myers Squibb FoundationDavid Saltzman’s dying wish was to have published the children’s book he wrote and illustrated as a college student. Mr. Saltzman didn’t live to see his dream realized -- he died a decade ago, at age 22, of Hodgkin’s disease. But his mother, Barbara…
Colleges devise new ways to meet students’ desire to volunteerThe Salvation Army in Charlottesville, Va., is one of thousands of charities nationwide ALSO SEE:Maine College Forges Community Ties Through Students’ Service WorkPercentage of Colleges That Offer Students Opportunities to Volunteer in…
Billy Graham Evangelistic Association (Minneapolis): Appointed Franklin Graham, chairman and chief executive officer of Samaritan’s Purse (Boone, N.C.), also to be chief executive officer. He succeeds his father, Billy Graham, who will continue as Chairman of the Board of Directors. Communities In…
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. December 2000 7.0% November 7.2% October 7.4% September 7.6% August 7.6% July 8.0%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Blake School (Minn.) Oct. 2000 June 2004 $50,000,000 $31,000,000 For faculty support, faciliities, technology, and financial aid California State U.…
GOP House Leader Slams IRS on Internet Issue
By GRANT WILLIAMSHouse Majority Leader Dick Armey has criticized the I.R.S. for the tax agency’s recent announcement that it is “considering the necessity” of putting out guidance that would clarify how the tax code should be applied to the use of the Internet by charities and other nonprofit…
IRS Says Think Tank Wrongly Involved in Politics
By GRANT WILLIAMSA charity improperly intervened in a political campaign by the way it allowed fund-raising letters to be signed on its behalf by a candidate for public office, the Internal Revenue Service’s national office has ruled. The revenue service did not identify the organization under…
A Guide on Financial Reporting
Unified Financial Reporting System for Not-for-Profit Organizations: A Comprehensive Guide to Unifying GAAP, IRS Form 990, and Other Financial Reports Using a Unified Chart of Accounts
Bits: The Hunger Site Expands Its Efforts; Online Information for Donors
By NICOLE WALLACE The Hunger Site, a popular Web site where corporate sponsors make a gift every time a visitor clicks on the site’s “Donate free food” button (The Chronicle, February 24), is expanding the reach of its hunger-relief efforts. The site, which since its creation in June 1999 has…