Americans Say Charities Need Volunteers More Than Money
Half of adult Americans think that volunteering their time is more important than giving money to charity, according to a new survey by Thrivent Financial for Lutherans, a Minneapolis financial-services organization. Fifty percent of 1,000 respondents to the survey identified volunteer work as more…
By Brad Wolverton
Contributor
Duke U. Gets $72-Million From Trustee; Other Gifts
Two institutions have received gifts of $50-million or more: Duke University, in Durham, N.C., received $72-million from Peter and Ruth Virginia Nicholas, of Natick, Mass., on December 31, the last day of its capital campaign to raise $2-billion. Most of the gift -- $70-million -- is earmarked for…
Assets of Small-Foundation Group Drop 5%
Members of the Association of Small Foundations lost an average of nearly 5 percent of their assets in 2002 but disbursed an average of 9.4 percent in grants that year, a new survey has found. The association, in Bethesda, Md., compiled responses on giving and management from 1,137 foundations,…
By nicole lewis
Contributor
Clothing Company CEO Wears Passion for Service on His Sleeve
Stratham, N.H. Jeffrey B. Swartz -- head of the Timberland outdoor-wear company and a prominent champion of the AmeriCorps ALSO SEE:Tough Times for National ServicePresidential Contenders Weigh In on AmeriCorps and National ServiceNew National Service Chief Vows to Improve Relations With Charities…
By Elizabeth Schwinn
Contributor
New National Service Chief Vows to Improve Relations With Charities
In an interview with The Chronicle, David Eisner, the new chief executive of the Corporation for National ALSO SEE:Tough Times for National ServicePresidential Contenders Weigh In on AmeriCorps and National ServiceClothing Company CEO Wears Passion for Service on His Sleeve and Community Service --…
By Debra E. Blum
Contributor
Presidential Contenders Weigh In on AmeriCorps and National Service
The Chronicle asked the nine candidates for the Democratic presidential nomination, as well as ALSO SEE:Tough Times for National ServiceNew National Service Chief Vows to Improve Relations With CharitiesClothing Company CEO Wears Passion for Service on His Sleeve President Bush, to provide their…
Tough Times for National Service
Charities remain wary after cutsmade in AmeriCorps programWhen torrential rains caused flooding in Skagit County, Wash., in October, the state’s Emergency Management ALSO SEE:Presidential Contenders Weigh In on AmeriCorps and National ServiceNew National Service Chief Vows to Improve Relations With…
By Debra E. Blum
Contributor
Photograph by Pam MurrayWith her 13th birthday approaching, the title character in Rachel Rosetti’s Birthday to Remember worries that her divorced parents will be too busy to help her mark the big day. Then her Italian grandmother comes to town, builds close ties to Rachel, and even helps her…
McDonald’s Heiress Leaves $80-Million to Two Charities; Other New Gifts
Three organizations have announced large gifts, two of them bequests from Joan B. Kroc, the widow of Ray A. Kroc, founder of McDonald’s Corporation: Ronald McDonald House Charities, in Oak Brook, Ill., is the beneficiary of a $60-million bequest from Mrs. Kroc for its programs worldwide that serve…
Giving and Investing by Financial Institutions Examined
Two new reports shed light on giving and investments by banks and other financial-services institutions: Sixty-five members of the Financial Services Roundtable, which represents the nation’s largest banks, donated 6.3 percent more to nonprofit groups in 2002 than they did in 2001, according the…
By Michael Anft
Contributor
Wealthy Donors Could Increase Giving by $107-Billion, Nonprofit Group Says
Donors who had an adjusted gross income of $100,000 or more last year could have increased their contributions to charity by a total of $107-billion in 2003 without affecting their standard of living, according to estimates in a report by the NewTithing Group, a San Francisco nonprofit organization…
By NICOLE WALLACE
Features Editor
New Year Brings Leadership Changes at Two Large Foundations
Key leadership changes are under way at two of the nation’s wealthiest foundations: ALSO SEE:Packard’s Worldwide Search for New CEO Leads Home The David and Lucile Packard Foundation has tapped one of its senior officials, Carol S. Larson, to take over as its new chief executive. Gordon Conway,…
Photograph by Buzz LarsonSome artists’ paintings command thousands of dollars. Mary Larson’s portraits command thousands of socks, or gloves, or other items that Ms. Larson then passes along to the homeless and to poor patients at Pioneer Square Clinic, in Seattle. Ms. Larson, who paints as a…
Fewer Funds Issue Annual Reports, Study Finds
Sixteen percent of foundations have issued printed annual reports on their finances this year, a sharp decline ALSO SEE: Foundations: How They Report to the Public from the portion that did so a decade ago, according to a new study by the Foundation Center. In 1993, 26 percent of foundations issued…
By Leah Kerkman
Contributor