Philanthropy Magazine Faces Some Questions — and a New Competitor
When donors first began receiving The American Benefactor magazine a year or so ago, many charity executives hailed the philanthropy quarterly as an innovative tool that could give them an edge in fund raising. Distributed through charities, which buy subscriptions as gifts to donors, the magazine…
By Thomas J. Billitteri
Contributor
Web Site Aims to Make Ads Benefit Charities
A new World-Wide Web site is hoping to channel advertising dollars into charities’ bank accounts. Eyegive, an Evanston, Ill., technology company, pays selected non-profit groups every time a person calls up one of the advertisements on its site (http://www.eyegive.com). People who sign up for the…
By Paul Demko
Contributor
On-Line Solicitors: a Tangled Web
Companies’ ‘one-stop’ charity sites make it easy to give but raise questions about regulation A handful of World-Wide Web sites are vying to become donors’ one-stop choice for giving on the Internet. While many charity leaders have high hopes for sites that benefit an array of causes, many…
By Paul Demko
Contributor
Clinton Backs Bigger Credit for Housing
The Clinton Administration has announced that its 1999 federal budget will include a proposed $1.6-billion increase in tax credits designed to spur construction of low-cost housing. The Administration estimates that the expansion will encourage the development of 150,000 to 180,000 new housing…
By Paul Demko
Contributor
Cable-TV Tycoon Pledges Multibillion-Dollar Fund
The cable-television executive John Malone plans to endow a family foundation that could eventually be worth well over $1.5-billion. The chief executive officer of Tele-Communications Inc. in Englewood, Colo., said he has directed in his will that 42 million shares of stock he owns in his company…
By Susan Gray
Contributor
Large Bequest to University Is Tied to Paternity Suit
The University of California at San Francisco could receive as much as $240-million from a trust to be created from the estate of the late Larry L. Hillblom, founder of the delivery service DHL Worldwide Express. Mr. Hillblom, who died in a seaplane crash in 1995, stated in his will that he wanted…
By DOMENICA MARCHETTI
Contributor
10 Volunteers and Groups Recognized by Clinton for Community Service
Following are the people and organizations that have most recently been named to receive President Clinton’s daily “Points of Light” award. The awards, which are given to those who have done exemplary volunteer work, take their name from President Bush’s description of people who do community…
Computer Tycoons Give $11-Million to Operation Smile; Other Donations
Operation Smile, a charity in Norfolk, Va., that provides free corrective surgery to poor children with facial deformities, has received $10-million from the software developer Charles B. Wang for a project to help kids in his native country. The gift will support the “Smile Train,” which is…
Packard Fund’s Guiding Principles Reflect Founders’ Values
After David Packard died in March 1996, the first formal action to be taken by the board of the foundation he created was to develop a set of values and principles to guide its future. The board -- which includes four Packard children and five other members -- adopted five principles that it felt…
At a Glance: The David and Lucile Packard Foundation
History: Created in 1964 by David Packard, co-founder of the Hewlett-Packard Company, and his wife, Lucile Salter Packard. The couple expanded the foundation gradually, but when David Packard died in 1996, he left the bulk of his estate to it. (His wife had died nine years earlier.) Areas of…