$10.2-Million Committed by Ford Heir; Other Gifts
Two organizations recently received large gifts and pledges: The Temple of the Vedic Planetarium, in Mayapur, India, has received a $10.2-million pledge from Alfred Brush Ford, a great-grandson of Henry Ford and co-founder of RapportNet, in Dearborn, Mich. The money will be used to construct this…
Founder of Charity That Helps Youngsters Avoid Drugs Is Among New ‘Points of Light’
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
Tapping Opportunity in Colorado
Foundation uses mining fortune to spur economic developmentColorado Springs Look at the signature building projects here, and one is likely to see the imprint of Spencer Penrose. ALSO SEE:The El Pomar Foundation The Broadmoor Hotel, the Pikes Peak Highway, the Will Rogers Shrine of the Sun, the…
By Ben Gose
Senior Editor
Photograph by Michael VenturaThe Washington charity For Love of Children traces its roots to the 1965 March on Selma led by the Rev. Martin Luther King Jr. One participant, the Rev. Gordon Cosby, a Washington minister, was inspired by Mr. King’s vision of a socially just world, and returned to the…
Boston University agreed last month to turn over $3-million it had received from one donor to two other charities. The money was donated by David G. Mugar, who had threatened to sue the institution for fraud. Mr. Mugar pledged the gift in 1988 to expand the Mugar Memorial Library, which had been…
Giving Troubles Found in Studies
Nonprofit organizations continue to face declines in donations and an uncertain outlook for recovery, according to two recent reports. In a new survey by GuideStar, a nonprofit group that distributes information online about charities, almost half -- 48 percent -- of the charities that responded…
New York Tops Other States in Value of Foundation Assets
Foundations in New York State control more in assets than those in any other state, according to a new Foundation Center report. The main reason is the share of funds held by foundations in metropolitan New York City, which by themselves are worth more than the assets of foundations in any of the…
By Elizabeth Greene
Contributor
Boy Who Aids Cancer Patients Among New ‘Points of Light’
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the the…
Biggest Gifts and Pledges Announced by Individuals, 2002
1. Walter Annenberg, publishing executive and philanthropist who died in October $375-million bequest* » To augment the endowment of the Annenberg Foundation, in St. Davids, Pa. 2. Eli Broad, chairman of SunAmerica, a financial-services company in Los Angeles, and his wife, Edythe $300-million » To…
Valparaiso U. Receives $15-Million from Culinary Entrepreneur, Other Gifts
Two higher-education institutions received large gifts and pledges: Valparaiso University, in Indiana, has received a $15-million gift from Doris Christopher, founder and chairman of the Pampered Chef, a kitchen-tool company, and her husband, Jay, both of River Forest, Ill. Mr. Christopher is an…
Muslim Charities Accuse Government of Harming Their Fund Raising
Long Beach, Calif. Donations to U.S. Muslim charities have fallen by 20 percent since the Bush administration started cracking down on Islamic nonprofit groups accused of providing support to terrorists, Aslam Abdullah, editor of The Minaret magazine, a monthly publication on Islam in the United…
By Ian Wilhelm
Contributor
Photograph by Marty SohlPeople who normally rely on canes and wheelchairs take center stage in the work of the Axis Dance Company, but in every other way, the charity’s goals are the same as most troupes': to produce great performances. “Always, the first goal is to create good art,” says Judith…
Volunteer with Down Syndrome Among Recent Points of Light
Following are the people and organizations that have most recently been named to receive President Bush’s Daily Points of Light Award. The Points of Light Foundation, a Washington charity, assists the president in making the choices and carrying out the award program. More information about the…
Lilly Heiress Expects to Bestow $500-Million on Numerous Charities Through Estate Plan
Ruth Lilly, an heiress to the Eli Lilly pharmaceutical fortune, has created estate plans that provide an estimated half-billion dollars for Indiana nonprofit groups and several arts organizations. In addition to the $100-million gift to the Modern Poetry Association announced last month (The…
By Serdar Tumgoren
Contributor
New York’s Union College Receives Pledge of $18-Million; Other Recent Gifts
Three higher-education institutions have received big gifts and pledges: Union College, in Schenectady, N.Y., has received an $18-million pledge from an alumnus, John S. Wold, a geologist and former member of Congress from Casper, Wyo., and his wife, Jane. The $18-million, promised as a bequest…