Foundation Giving Rose 17% Last Year, to $22.8-Billion, Report Says
The robust U.S. economy helped to increase foundation giving by 17.2 percent last year, ALSO SEE:100 Largest Foundations by Assets to an estimated $22.8-billion, according to a new report. That jump followed a record 21.7-percent gain in 1998, for a combined two-year increase of 42.3 percent.…
By Stephen G. Greene
Contributor
Grant Maker at IBM Foundation Is Honored for His Creativity
The Council on Foundations has given its top award for creative grant making to Stanley S. Litow, president of the I.B.M. International Foundation and vice president of I.B.M.'s corporate-community relations program. The honor comes with a $10,000 prize that the recipient can use in any way that…
By Constance Casey
Contributor
Mentors for Mothers in Oregon Are Among ‘Points of Light’
Following are the people and organizations that have most recently been named to receive President Clinton’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
U. of Notre Dame Receives $35-Million; Other Gifts
Three higher-education institutions and a cathedral have received big gifts. * Thomas F. and Kathy Mendoza, executives at the high-technology company Network Appliance, in Sunnyvale, Calif., have donated $35-million to the University of Notre Dame, in South Bend, Ind. Mr. Mendoza is senior vice…
Authors of ‘What to Expect’ books use their clout to start charity that serves the needs of poor pregnant women When Heidi E. Murkoff was asked to talk to pregnant inmates at Rikers Island about how to improve their chances of giving birth to a healthy baby, she had little idea what to expect. As…
By DOMENICA MARCHETTI
Contributor
Texas governor’s policies reflect personal approach to philanthropy When George W. Bush was asked to serve as honorary chairman of Hearts & Hammers, a Dallas charity that renovates homes for the poor, he was happy to oblige. ALSO SEE:Texas’s First Couple Roll Up Their Sleeves for Churches and…
By GRANT WILLIAMS
Contributor
A Territory Resource (Seattle): Appointed Janis L. Strout, development officer at the Funding Exchange (New York), to be executive director. ATR supports community-based organizations in efforts to improve social, economic, and environmental conditions. Abilities of Florida (Clearwater, Fla.):…
Interest Rates for Planned Gifts
From the issue dated April 6, 2000 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 2000 8.2% February 8.0% January 7.4%…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Berkeley Public Library Foundation (Calif.) Feb. 2000 Feb. 2001 $3,700,000 $2,500,000 To equip and furnish Berkeley’s Central Library California…