Giving by Millionaires Explored in Study
A vast majority of Midwest millionaires make regular donations to charity, but most of them give away far less than 1 per cent of their total assets annually, according to a survey conducted for the Mercantile Trust Company in St. Louis. Among the 312 people surveyed in nine states -- Arkansas,…
$15-Million Fund Created at Harvard
Five women have helped to establish a $15-million fund at Harvard University to encourage other women to make substantial gifts. Women who donate $25,000 or more to Harvard’s current $2.1-billion capital campaign will be eligible to have their gifts matched by the new fund. Each gift will be…
A Former Insider’s Crusade to Transform Thinking About Corporate Giving
Soon after he turned 55 last year, Curt Weeden realized that if he really believed in his work, he had to quit his job. Mr. Weeden, who since 1990 had been vice-president for corporate giving at Johnson & Johnson, left his comfortable post last month. He has begun what he admits could be a…
By Susan Gray
Contributor
Trustees of Ted Turner’s United Nations Foundation
Ted Turner, vice-president of Time Warner, New York, chairman Ruth Cardoso, First Lady of Brazil and chair, Communidade Solidaria Program, Brasilia Graca Machel, children’s-rights activist and widow of Mozambique’s first president Emma Rothschild, Director of the Centre for History and Economics,…
At a Glance: The United Nations Foundation
History: Established in January by Ted Turner, vice-chairman of Time Warner, who last fall pledged to give up to $1-billion over 10 years to support the United Nations. Purpose: To help support the United Nations in achieving the goals of its charter, and to promote greater public understanding of…
First Round of Grants From Ted Turner’s New United Nations Foundation
Drug Control * To encourage press coverage of a special session on drugs to be held in June by the United Nations General Assembly: $150,000 to the United Nations In ternational Drug Control Programme (Vienna). Environment * To work with Rescue Mission, a British group, on a survey to gauge what…
For a person who can’t walk, one way to feel the exhilaration of movement is through horseback riding. And for those with other disabilities, riding can be a road to rehabilitation, say the leaders of Equest, a therapeutic horsemanship center in Dallas. Founded in 1981, Equest gives riding classes…
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…
IRS Panel Says Donors Exaggerate Value of Artwork
The I.R.S.'s Art Advisory Panel has reviewed hundreds of pieces of artwork donated by taxpayers to charity and found, as always, that many people exaggerated the value of paintings, sculpture, and other items. In cases where the objects were left to heirs, however, many people placed too small a…
Bates College (Lewiston, Me.): Appointed Victoria M. Devlin, vice-president for development and marketing at the WGBH Educational Foundation (Boston), to be vice-president for development and alumni affairs. Bethphage Foundation (Omaha): Appointed Tom Bila, senior partner and director at Bila &…