Non-Profit Groups Gird for Double-Digit Increases in Postage Rates
Effective January 10, many charities will face double-digit increases in their postage costs, the Postal Service has announced. The announcement gives non-profit groups a few months of welcome relief from postage-rate increases. The Postal Service had wanted to raise the rates this year, but it…
Uris Brothers Fund to Shut Down
The Uris Brothers Foundation, in New York, announced last month that it would close its doors after making $30-million in grants to New York institutions. The Uris Brothers Foundation was formed in 1957 by the real- estate developers Harold and Percy Uris. The three daughters of Harold Uris, all of…
Carnegie Shuffles Grant-Making Units
The trustees of the Carnegie Corporation of New York have approved a new organizational structure for grant making at the $1.6-billion foundation. The changes come as the foundation’s new president, Vartan Gregorian, marks his first year in office. Carnegie will now have three main program…
Changes at the Helm of 2 California Funds
The chief executives of the two private philanthropies created by the founders of the Hewlett-Packard Company have announced their departures: * David Pierpoint Gardner, 65, announced his intention to retire from the William and Flora Hewlett Foundation, in Menlo Park, Cal., by June 30, 1999. *…
$250-Million Fund Started by Nellie Mae
Nellie Mae, one of the country’s largest providers of education loans, has created a foundation that has $250-million in assets. The Nellie Mae Foundation, located in Braintree, Mass., is expected to give about $10-million a year to a wide array of education programs. The decision to set up the…
$30-Million Gift Goes to Community Fund; Other Donations
Four institutions have received big gifts. The Community Foundation Silicon Valley, in San Jose, Cal., has received $30-million from an anonymous donor. The benefactor will work with the foundation, which makes grants in Santa Clara County, Cal., to decide which organizations will receive support…
Buyout of N.J. Corporation Reaps $10-Million in Gifts
When Beneficial Corporation was acquired in April by Household International, Finn M. W. Caspersen, 56, Beneficial’s chief executive, decided it was a good time to leave and start a new career: pursuing his investments and philanthropy. But two charitable gifts made after his departure have become…
Disability Groups Mourn Death of Dole Foundation
In May, disability-rights supporters gathered in a U.S. Senate office building to mourn the death of Paul G. Hearne, the tenacious president of the Dole Foundation for Employment of People with Disabilities. Now, just two months later, many of those same people are facing a second loss: the death…
How Survey of Charitable Giving by Major U.S. Companies Was Conducted
The Chronicle’s corporate-giving survey is based on financial information provided by many of the nation’s top companies as ranked according to their annual revenue by Fortune magazine. A total of 150 companies were asked to provide figures on their charitable giving for 1996, 1997, and 1998. In…
Company Web Sites Offer a Plethora of Information About Grant Making
A growing number of companies are using the Internet to distribute information about their giving programs. Of the 111 big companies that provided data for the Chronicle‘s survey of corporate giving, 46 have put on their World-Wide Web sites detailed information about the kinds of grants the…