Photograph by Harvey FinkleAt the Skagit Adult Day Center, in Burlington, Wash., people who are mentally or physically disabled spend their time engaged in discussions of current events, playing volleyball with balloons, or making crafts while their family members receive a break from caring for…
Letter From Soros Lays Out New Plans for Open Society Organizations
Following is the text of a letter the financier George Soros sent in May to grant recipients and ALSO SEE:Soros, in Major Shift, Will Focus Giving on Advocacy and GlobalizationLetter from Vice President of Open Society Institute Explains Impact of Changes on U.S. Programs others that have worked…
Letter From Soros Lays Out New Plans for Open Society Organizations
Following are excerpts from a letter the financier George Soros sent last ALSO SEE:Soros, in Major Shift, Will Focus Giving on Advocacy and Globalization month to grant recipients and others who have worked closely with the Open Society Institute:We have always prided ourselves on moving with the…
$30-Million Bequest Made to Iowa College; Other Gifts
A 1925 alumnus has bequeathed $30-million to Grinnell College, in Iowa. The donor, Joseph Frankel Rosenfield, of Des Moines, was the retired chairman of Younkers Department Stores, now owned by Saks Incorporated, and a former lawyer. The college will use $25-million of the gift to help build a new…
Youth Camp Founder Among Those Selected as 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…
Foundations Increase Arts Giving
The nation’s foundations gave $3.69-billion to the arts in 2000, more than twice the amount provided in ALSO SEE:How Private Grant Making to Arts Groups Has Grown 1996, according to new estimates released by the Foundation Center. Key to the rise in dollars was the doubling and tripling of…
By nicole lewis
Contributor
Helping Charities: Advice From Ford
Long an unofficial adviser to new foundations, the Ford Foundation this spring started a project called ALSO SEE:Grooming Better Grant Makers GrantCraft to provide a more formal way to dispense the advice and lessons it has learned during its more than 60 years, as well as tips culled from other…
Foundations start new efforts to share advice about their craftFor Yodon Thonden, who runs a small New York foundation established by her husband, a trip ALSO SEE:Helping Charities: Advice From Ford to South Africa in April provided an interesting exercise in grant-making dynamics. She and eight…
By Stephen G. Greene
Contributor
Photograph by Cosmetic, Toiletry, and Fragrance Association FoundationAbout 15 years ago, Ed Kavanaugh, president of the Cosmetic, Toiletry, and Fragrance Association, heard about a young cancer patient who had started showing signs of depression, due in part to her loss of hair and other side…
Retired Schoolteacher 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…
$42-Million Committed for Arts Center; Other Gifts
Three nonprofit organizations recently received large donations: William Winspear, a Dallas manufacturer, and his wife, Margot, have pledged $42-million to help build the proposed Dallas Center for the Performing Arts. Construction on the center, which will be located in the city’s downtown arts…
Companies Compete on Donor Funds
A decade after Fidelity Investments introduced the first commercial donor-advised–fund, the field is growing more crowded than ever. Among the companies that recently have entered the multibillion-dollar donor-advised-fund market or are offering ALSO SEE:Private-label gift funds are growing in…
By Debra E. Blum
Contributor
Assets of Donor-Advised Funds Totaled $12.3-Billion Last Year, Survey Finds
Assets held by many of the nation’s biggest donor-advised funds rose to $12.3-billion ALSO SEE:Private-label gift funds are growing in popularityCompanies compete on donor fundsDonor-advised funds: assets, awards, and accounts at a sampling of big providers last year, and the funds awarded…
By Marni D. Larose
Contributor
Private-label gift funds are growing in popularityDonor-advised funds may soon be as ubiquitous as branch banks and mutual funds. Nearly a ALSO SEE:Assets of donor-advised funds totaled $12.3-billion last year, survey findsCompanies compete on donor fundsDonor-advised funds: assets, awards, and…
By Debra E. Blum
Contributor