Independence of fund’s board at issue in disposal of multimillionaire’s estate Multimillionaire Howard Gilman was passionate and personal about his charitable causes -- especially wildlife conservation and the performing arts. He loved talented, beautiful people and provided the dancer Mikhail…
By Constance Casey
Contributor
Photograph by Karla G. Nicholson In 1989, four dancers from Chicago got together to come up with a way to promote and cultivate jazz dance in the city. The result was the River North Chicago Dance Company, now celebrating its 10th season. Over the years, the group has grown from a handful of…
Donors Raise a Red Flag Over Privacy
Information-age fears threaten charities’ ability to solicit funds In the information age, donor privacy is emerging as a formidable obstacle for fund raisers. In recent months, regulators and legislators -- driven in large part by concerns about the Internet’s potential to make vast amounts of…
By Holly Hall
Contributor
Following are summaries of recent reports by the Council of Better Business Bureaus’ Philanthropic Advisory Service and the National Charities Information Bureau. Those two private organizations report on whether charities meet standards for fund raising, governance, financial management, and…
Aircraft Owners and Pilots Association Air Safety Foundation (Frederick, Md.): Appointed Robert J. Milanchus, director of development at the Washington County Health System (Hagerstown, Md.), to be vice president for development. American Academy of Periodontology Foundation (Chicago): Appointed…
State Registration Requirements for Charities and Fund Raisers
For charitable organizations For fund-raising counsel Has rules
Interest Rates for Planned Gifts
From the issue dated March 23, 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 The Bushnell (Conn.) June 1998 June 2003 $45,000,000 $30,000,000 To build an additional facility and to expand programs at this performing-arts…
Status and recent results of drives for endowments, capital improvements, and other needs Started or announced To conclude Goal Amount raised Purpose Florida International U. 1996 2001 $200,000,000 $205,000,000 For capital improvements, endowment, and general program support Hampton U. (Va.) 1998…
IRS Didn’t Treat Conservative Groups Unfairly, Report Says
A key Congressional committee has concluded that the Internal Revenue Service has not unfairly singled out conservative non-profit organizations for audits or other actions. The Joint Committee on Taxation’s three-year review followed news reports in 1997 that the I.R.S. was examining several…
By GRANT WILLIAMS
Contributor