Gifts to Community Foundations Decline, but Grants Are on the Rise
As the economy faltered and stock values plunged last year, gifts to community foundations ALSO SEE:Community Foundations’ Assets, Gifts, and Grants in 2001 fell 15 percent compared with 2000 and community-foundation assets dipped for the first time in a decade, according to a survey by the…
By Stephen G. Greene
Contributor
Community Foundations’ Assets, Gifts, and Grants in 2001
ALSO SEE: Gifts to Community Foundations Decline, but Grants Are on the Rise MARKET VALUE OF ASSETS TOP 50 1. New York Community Trust $1,785,215,504 2. Cleveland Foundation $1,499,767,419 3. Chicago Community Trust $1,157,517,684 4. Marin Community Foundation (Calif.) $1,035,125,000 5. San…
Encouraging Business to Consider Social Goals: a Sampling of Grants
Nathan Cummings Foundation (New York): To create a group of activists who will work to ALSO SEE:Toward Corporate ChangeGroups That Advise Corporations Are Wary About Taking Their Dollars hold meatpacking and poultry-processing corporations accountable for unethical hiring practices, low wages, poor…
Groups That Advise Corporations Are Wary About Taking Their Dollars
When Net Impact, a group of 5,000 former and current M.B.A. students worldwide, plans its annual conference each year, ALSO SEE:Toward Corporate ChangeEncouraging Business to Consider Social Goals: A Sampling of Grants it solicits money from corporations to run it. Companies such as Starbucks, Ford…
By Michael Anft
Contributor
Businesses seek nonprofit help in quest to become better citizensGeneral Motors, like other major car manufacturers, has faced plenty of pressure from environmental activists who want it to do more to reduce pollution. But several years ago, GM ALSO SEE:Groups That Advise Corporations Are Wary…
By Michael Anft
Contributor
Photograph by Paul BlieseJewish life in the United States has a rich musical tradition dating from the colonial period, and the Milken Family Foundation, in Santa Monica, Calif., is doing what it can to preserve the compositions for future generations. More than 600 compositions and numerous…
Group That Sends Medical Teams Abroad Among Latest ‘Points of Light’ Recipients
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…
$10-Million to College; Other Gifts
Tom Marsico, founder and chairman of Marsico Capital Management, in Denver, and his wife, Cydney, have donated $10-million for a program to improve the undergraduate arts and sciences programs at the University of Denver. The Marsicos, both alumni of the university, live in Englewood, Colo. Other…
Foundation Giving in 2002 Won’t Rise, Report Predicts
After five years of double-digit growth, the total amount of grants awarded by the nation’s ALSO SEE:Foundation TrendsGrowth in Foundation Assets, by Region, 1999-2000 foundations rose much more slowly last year, increasing by about 5 percent, according to a new report. Giving this year is expected…
By Debra E. Blum
Contributor
$8-Million to Valdosta State U.; Other Gifts
Valdosta State University, in Georgia, has received a bequest of approximately $8-million from the estate of Lillian S. Steele, who died in 2001. Mrs. Steele, an interior designer, was the widow of Rea Steele, who came to Valdosta in 1954 when he was elected president of First State Bank there. The…
Points of Light Honors 2 Teenagers
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…
$500-Million Pledged for Urban Development
A collaborative program made up of foundations, financial institutions, and the federal government has pledged $500-million over the next 10 years to help improve inner-city housing, revitalize commercial strips, and support neighborhood centers. The commitment by the group, called Living Cities,…
Majority of Foundation Leaders Expect Increased Scrutiny, Study Finds
Six in 10 foundation chief executives believe that grant makers will come under increasing scrutiny by government regulators in the next 10 years, according to a survey that examined leaders’ attitudes on foundation performance. And nearly one-quarter of foundation leaders predicted that over the…
By Michael Anft
Contributor
Retired CEO supports array of programs for youthsAtlanta Arthur M. Blank’s suit is so crisp, his mustache so carefully trimmed, he could step onto a stage set. He doesn’t look ALSO SEE: Rolling Up His Sleeves Master Plans for Giving The Arthur M. Blank Family Foundation: A Sampling of 2001 Grants…
By Elizabeth Schwinn
Contributor