Can White House increase share of U.S. income that goes to charity? The Central Union Mission here opened its doors to the homeless and hungry in 1884, and over the years the charity has weathered the contrary ways of American donors. During the Great Depression, giving to Central Union rose.…
By Thomas J. Billitteri
Contributor
Following are summaries of recent reports by the Council of Better Business Bureaus’ Philanthropic Advisory Service. The service reports on whether charities meet standards for fund raising, governance, financial management, and public information. The service cautions that it does not approve or…
American Jazz Philharmonic (Culver City, Cal.): Appointed Marilyn McAvoy, director of development at the Center Theatre Group (Los Angeles), to be director of development for this group and its summer educational program, the Henry Mancini Institute. Asia Society (New York): Appointed Michele Cohn…
$$ SC fr PG 37 PF 199910/2/1 VO 12 IS 01 $$ SC fr PG 37 PF 199910/2/1 VO 12 IS 01 Billion-Dollar Campaign Update Status of current big drives for endowments, capital needs, and operations Started or announced To conclude Goal Amount raised Columbia U. (N.Y.) Sept. 1990 Dec. 2000 $2,200,000,000…
Charities Could Receive $25-Trillion in Bequests Over 50 Years, Study Finds
Charities stand to gain $6-trillion to $25-trillion in bequests over the next 50 years, say Boston College scholars who today issued a new study on the so-called intergenerational transfer of wealth. The scholars estimated $41-trillion to $136-trillion will change hands over the next half century…
By Thomas J. Billitteri
Contributor
Harvard Raises $2.33-Billion, but Its Record May Not Last Long
Harvard University announced today that its capital campaign has raised $2.33-billion -- setting a record for money raised by a single institution in a single campaign. However, the campaign, which will continue until December 31, may not remain the most successful for long. As of July 31, Columbia…
By C. Quinn Hanchette
Contributor
The following awards have been presented for work in philanthropy, fund raising, volunteerism, and non-profit management: Arts and humanities. President Clinton has announced 11 recipients of the 1999 National Medal of Arts, including Irene Diamond, an arts patron and philanthropist and former…
Pennsylvania Court Says Groups Owe Local Amusement Tax
The Commonwealth Court of Pennsylvania says two organizations that sponsored professional golf tournaments do not qualify as charities under state law and must pay a local “amusement tax” of $83,200 on revenues generated at events held in 1996 and 1997. A lower court had ruled that the two groups…
By GRANT WILLIAMS
Contributor
Baseball Club Not a Charity, Tax Court Rules
The U.S. Tax Court has ruled that the Internal Revenue Service was right to deny charity status to an organization that sponsors an amateur baseball team for adult players. The group, Wayne Baseball, in Delaware County, Pa., plays home games at a local high school field and does not charge…
By GRANT WILLIAMS
Contributor
Publication Assesses Child-Protection Partnerships
We Are In This Together: Community Child Protection in America chronicles the effectiveness of “community child-protection partnerships” that have cropped up in the United States to bolster overall child welfare. These partnerships -- which unite parents, local and religious groups, businesses,…
By C. Quinn Hanchette
Contributor