Belt-Tightening at Two Foundations Puts the Squeeze on Charities
Plummeting stock values not only have left many foundations with less money to give away, but in some cases have prompted them to trim their staffs and narrow their grant making as well. As a result, many of their longtime grantees are scrambling to find new sources of support. The precipitous…
By Stephen G. Greene
Contributor
Annenberg’s Bequest Tops $1-Billion
Walter H. Annenberg, who was estimated to be worth $4-billion when he died this month at age 94, left at least $1-billion to his foundation, and possibly much more. The infusion of money from his estate could make the foundation one of the wealthiest dozen philanthropies in the United States. Mr.…
By Elizabeth Greene
Contributor
Library and Harlem Programs Are Priorities for Clinton
Maputo, Mozambique Bill Clinton’s latest philanthropic efforts are taking place in Africa and other places outside the United States, but the former president’s work at home remains critical to his current plans. Two of his major goals domestically are raising money to build his presidential…
By GRANT WILLIAMS
Contributor
Clinton and Philanthropy: What He Wants to Do
Excerpts from The Chronicle’s interview with former President Bill Clinton.
Clinton’s Philanthropy: What He Has Done
A list of the president’s past support for AIDS organizations, community service, disaster relief and more.
By GRANT WILLIAMS
Contributor
Photograph by Denise HughesNext month, nonprofit leaders and government officials from around the world will gather in New York to exchange ideas about so-called microcredit programs, which provide small loans and other financial services to help poor people, mostly women, start businesses or…
Twenty-one months after leaving the White House, Bill Clinton talks to The Chronicle in detail about what he has planned for his philanthropy.
By Grant Williams
Contributor
$60-Million Pledge to Va. School; Other Gifts
Fork Union Military Academy, in Virginia, has received a trust valued at $60-million from Guy E. Beatty, a trustee of the academy, and his wife, Betty. The trust will make a payment of $2-million to the academy each year for 30 years after Mr. Beatty dies. A retired entrepreneur, Mr. Beatty, a…
Prominent Performing-Arts Patron Misses Payments to Several Groups
Alberto Vilar, a financier who has pledged some of the biggest amounts of money ever to opera and classical-music groups, is late in fulfilling commitments to the Washington Opera, and news reports say he is behind in making good on pledges to several other organizations. Mr. Vilar, an investor who…
By Elizabeth Greene
Contributor
MacArthur Foundation Names 24 New Fellows
The John D. and Catherine T. MacArthur Foundation, in Chicago, has announced 24 new MacArthur Fellows. Recipients of the prestigious fellowships, often dubbed “the genius awards,” are free to use the money as they wish. The foundation does not require them to produce any reports or other works or…
Photograph by Frank HaxtonEvery day, two helicopters loaded with medical equipment -- a virtual intensive-care unit -- are ready to race through the skies to the remote and rugged areas of northern Nevada and northeastern California. The pilots and crews provide 24-hour emergency air-ambulance…
Donations Reported by 327 United Ways for 2001-2
United Ways across the country raised $3.95-billion in their 2001-2 campaigns, an ALSO SEE: United Ways Pare Fund-Raising Expectations for 2002-3 Campaigns increase of 0.9 percent over the previous year, but a decline of 1.8 percent when the 2.8-percent increase in inflation is taken into account.…
Founder of New York’s Guardian Angels; Oral-History Group Among ‘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…
$21-Million Pledge Made to Va. College by Anonymous Donor; Other Recent Gifts
The College of William and Mary, in Williamsburg, Va., has received a $21-million pledge from an anonymous donor to endow an undergraduate scholarship program. Students chosen to be College Scholars will receive financial assistance to cover approximately half the cost of attending the college, as…