Evaluating the Chief Executive: Resources for Trustees
Annual Evaluation of the Executive Director
Baptist Charity Involved in Alleged Investment Scam Files for Bankruptcy in Arizona
The Baptist Foundation of Arizona filed for bankruptcy in federal court last week, owing nearly $600-million to 13,000 people who had bought securities from the organization. The foundation’s bankruptcy marks one of the biggest financial collapses ever by a charity. Foundation officials and others…
By Debra E. Blum
Contributor
How to Avoid Potential Pitfalls When Giving Donors Their Due
Displays that honor donors by name sometimes do double duty for charities: ALSO SEE:Beyond RecognitionPhoto gallery They thank people who gave to a specific fund-raising campaign, and they help motivate additional gifts long afterward. The National Science Center/Fort Discovery, in Augusta, Ga.,…
By Holly Hall
Contributor
Charities devise creative ways to acknowledge donors by name -- and motivate them to give more When Rebecca Hoffberger, director of Baltimore’s American Visionary Art Museum, ALSO SEE:How to Avoid Potential Pitfalls When Giving Donors Their DuePhoto gallery wanted to thank a donor who had made a…
By Holly Hall
Contributor
Childhood Vaccinations and Prison Literacy Are Among Goals of ‘Points of Light’ Honorees
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…
Post Office Honors George Peabody
The United States Postal Service has issued a special pictorial cancellation commemorating the 130th anniversary of the death of the philanthropist George Peabody. Mr. Peabody, who was born in 1795 in Massachusetts to a poor family, made his fortune in commerce and trade. He established numerous…
$20-Million Pledged to Israeli University
A Michigan businessman who earlier this year stopped payment on a $30-million pledge to one university in Israel has promised $20-million to another institution there. William Davidson, owner of the Detroit Pistons basketball team and chief executive officer of Guardian Industries, in Auburn Hills,…
Corporate-Gifts Bill Advances in Congress
A Congressman’s effort to require corporations to tell their shareholders how much money they give to charities each year -- and to name the largest recipients -- has taken a step toward becoming law. Rep. Paul E. Gillmor, an Ohio Republican, introduced the measure, known as H.R. 887. It has been…
Woman Executives Said to Give More
Senior-ranking female executives and business owners both volunteer and give to charity at a significantly higher rate than do other women, a survey by the National Foundation for Women Business Owners has found. A survey of 184 women -- executives who manage at least $100-million and business…
MIT Announces 2 Big Gifts, Billion-Dollar Campaign; Other Recent Donations
The Massachusetts Institute of Technology, in Cambridge, has announced a $1.5-billion capital campaign and gifts of $100-million and $25-million -- all in a span of eight days. Kenan E. Sahin, a 1963 alumnus and founder of Kenan Systems, a maker of commercial accounting software that was acquired…