Businesses Rethink Their Philanthropy, Report Says
As more and more companies seek ways to cut spending, they are redesigning their grant programs to make them more worthwhile financially, according to a new report by the Conference Board. More than 80 per cent of the 130 companies surveyed had slashed budgets, laid off employees, or undergone some…
16 Funds Pool Money for Child Care
Sixteen foundations have announced that they are pooling their grant money to strengthen the quality of child-care centers and other early-childhood programs across the country. They have recently made $2.4-million in grants and plan to give out more money in the future. The organizations from the…
$60-Million Fund Produced by Telephone Merger
The Bell Atlantic Foundation and the NYNEX Foundation have merged into a new philanthropy with $60-million in assets. Officials said that beginning in 1998, the fund plans to award $33-million to $35-million in grants to charities in New York and New England. The annual amount previously awarded by…
International conference outlines struggle between concern for common good and the ever-expanding global market As countries around the world move pell-mell toward a single global market and social culture, private citizens must join together to insure that the poorest and weakest do not get left…
By Stephen G. Greene
Contributor
Couple Gives $34-Million to 2 Minnesota Foundations; Other Recent Donations
Minnesotans Eugene and Mary Frey have given a combined $34-million to two community foundations in St. Paul. The Saint Paul Foundation has received $25-million, and the Catholic Community Foundation of the Archdiocese of Saint Paul and Minneapolis has received $9-million. Both gifts established…
Sources of Information on Mentor Programs
Following are organizations that provide information and assistance, or conduct research, on mentor programs: America’s Promise, 909 North Washington Street, Suite 400, Alexandria, Va. 22314; (703) 684-4500; http://www.americaspromise.org A national non-profit group led by Gen. Colin Powell,…
Big Brothers/Big Sisters Makes Big Changes as It Expands Its Services
John Cori, a volunteer at Big Brothers/Big Sisters of New York, didn’t know how to respond when his “little brother” started asking him questions about sex. “I wasn’t sure if I was handling it right,” says Mr. Cori. So he called the charity for advice. “My case worker gave me some great tips, but…
By DOMENICA MARCHETTI
Contributor
The roster of residents at the Actors’ Fund Nursing and Retirement Homes reads like the stage bill for a Broadway show. Sitting on six rolling acres in Englewood, N.J., the complex houses more than 100 retired actors, dancers, musicians, producers, set designers, sound technicians, and stagehands…
Extending the Hand of Friendship
As mentor programs take off, groups examine what works best In Philadelphia, 60 black churches are on a crusade to recruit adult congregation members to offer friendship, support, and guidance to 700 inner-city children. At the Hewlett-Packard Company, more than 1,500 employees are using electronic…
By DOMENICA MARCHETTI
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…